Five Facts about Charitable Contributions

With the holidays around the corner, many people will be making donations to benefit charitable organizations. However, come tax time, the person who made the donation might also benefit. That’s because taxpayers who donate to a charity may be able to claim a...

Disaster Items

Victims of Harvey have till Jan. 31 to file 2016 returns, assuming they previously got proper filing extensions.  This deadline also applies to estimated tax payments originally due on Sept. 15 and on Jan. 16, 2018, as well as to payroll tax filings and excise tax...

Tax Debts & Gambling

Tax Debts: Individuals who owe back taxes to IRS can check their balances online.The Revenue Service has a web-based tool that shows the amount of taxes due for each tax year, up to 18 months of payment history, and interest and penalties.  Users first have to go...