Tax Tips: Top Ten Facts about Adoption Tax Benefits If you adopted or tried to adopt a child in 2014, you may qualify for a tax credit. If your employer helped pay for the costs of an adoption, you may…
10 Adoption Tax Tips
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10 Mortgage Debt Cancellation Tax Tips
Top 10 Tax Tips about Home Mortgage Debt Cancellation If your lender cancels part or all of your debt, you normally must pay tax on that amount. However, the law provides for an exclusion that may apply to homeowners who…
What Income Tax are you paying?
Taxable or Not – What Income Tax Are You Paying? All income is taxable unless the law excludes it. Here are some basic rules you should know to help you file an accurate tax return: Taxed income. Taxable income includes money…
Get the IRS2Go app to stay connected to your refund
IRS Updates IRS2Go Smartphone App The IRS recently released IRS2Go 5.0, an update to the only official IRS smartphone application. The free mobile app is compatible with both Apple and Android devices. This new version offers a number of safe…
Skip IRS Toll-Free Line; Use IRS.GOV
IRS Warns of High Volume on Toll-Free Customer Service Phones; Urges Taxpayers to use IRS.gov Tools for Faster Answers IRS YouTube Videos: When Will I Get My Refund: English / Spanish /ASL Help for Taxpayers: English / ASL Welcome to Free File: English WASHINGTON – The IRS reminded…
Get a Bigger Refund With These Tax Tips for Parents
Don’t Miss Out on These Tax Tips for Parents Children may help reduce the amount of taxes owed for the year. If you’re a parent, here are several tax tips for parents you should look for when you file your…
Tax Preparer Fraud a Key “Dirty Dozen” Scam
As we’ve warned you before, tax scams are getting more prevalent than ever. Beyond the typical telephone and email scams, tax payers can be scammed by the actual professionals that prepare their tax returns. While its not necessary we always…
Top 5 Reasons to E-file
Top Five Reasons to E-file Are you still using the old school method of doing your taxes? Do you still mail paper forms to the IRS? If so, make this the year you switch to a much faster and safer…
What the IRS Budget Cuts Mean
Message to IRS Employees from Commissioner John Koskinen about IRS Budget Cuts Dear IRS Employees, As I promised last month, I am following up with you to share some important new details about what the 2015 budget cuts…
Obamacare Changes to Tax Forms
ACA (Obamacare) Brings Changes to IRS Tax Forms This year, there are some changes to tax forms related to the Affordable Care Act (Obamacare). Along with a few new lines on existing forms, there will also be two new forms that…