Taxes

7 Tax Extenders That Affect You

The tax laws that expired at the end of 2013 benefited many taxpayers. Congress will now determine if they are worthy of revival. Here’s what you need to know.

Changes Within the IRS

Last week Internal Revenue Service commissioner John Koskinen reported to a congressional subcommittee about certain upcoming changes within the Internal Revenue Service.  Much of the discussion pertained to the IRS’s progress on the Affordable Care Act (ACA) and the impact of the new regulations for next tax season.

Hey, the IRS Uses Social Media

Tax law changes often and quickly and can affect many unsuspecting taxpayers, luckily, the IRS is all over social media.

Tax Deduction Rules for Charity Donations

If efforts to sell your unwanted stuff are unsuccessful, you can take a tax deduction for donations of used clothing and household items that are in good or better condition.

Tax Planning Strategies for Today

Procrastinators beware: Tax planning isn’t just something you have to deal with at the end of the year and then again in April.