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Every taxpayer has the right to retain representation when working with the IRS

September 19, 2022

Taxpayers have the right to retain an authorized representative of their choice to represent them when they are dealing with the IRS. They also...

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New school year reminder to educators; maximum educator expense deduction rises to $300 in 2022

August 10, 2022

WASHINGTON – As the new school year begins, the Internal Revenue Service reminds teachers and other educators that they’ll be able to deduct up...

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From markers to face masks, classroom supplies may be tax deductible.

August 3, 2022

Teachers go above and beyond for their students, often buying classroom supplies needed to make learning successful. The educator expense deduction allows eligible teachers...

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ABLE Accounts – Tax Benefit for People with Disabilities

July 25, 2022

The Achieving a Better Life Experience (ABLE) Act of 2014 allows states to create tax-advantaged savings programs for eligible people with disabilities (designated beneficiaries)....

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ABLE accounts can help people with disabilities pay for disability-related expenses

July 25, 2022

People with disabilities can use anAchieving a Better Life Experience or ABLE accountto help pay qualified disability-related expenses. This tax-advantaged savings account doesn’t affect...

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File soon; don’t wait for the Oct. 17 extension deadline

July 8, 2022

Taxpayers who missed the April tax deadline can still file electronically using Free File or other free options. They can also limit late-payment penalties...

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Companies who promise to eliminate tax debt sometimes leave taxpayers high and dry

July 8, 2022

As the old saying goes: When something sounds too good to be true, it probably is. Taxpayers with outstanding tax bills might be tempted...

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Wedding planning checklist: cake, rings, flowers … tax forms?

June 28, 2022

The summer wedding season is fast approaching. Wedding planning is often overwhelming but figuring out how marriage will affect a couple’s tax situation doesn’t...

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Some tax considerations for people who are separating or divorcing

June 16, 2022

When people go through a legal separation or divorce, the change in their relationship status also affects their tax situation. The IRS considers a...

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What taxpayers need to know about making 2022 estimated tax payments

June 13, 2022

By law, everyone must pay tax as they earn income. Generally taxpayers must pay at least 90 percent of their taxes throughout the year...

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