IRS Warns Consumers of Possible Scams Relating to South Carolina Flood Victim Relief
The Internal Revenue Service today issued a consumer alert about possible fake charity scams emerging due to severe flooding this month in South Carolina and neighboring states. "When making donations to assist flood victims in [...]
Business E-File Up almost 9 Percent This Year; More Than Three-Quarters of Corporate and Partnership Tax Returns are Now Filed Electronically
The Internal Revenue Service announced today the number of tax returns e-filed by businesses rose nearly 9 percent this year, continuing the growth in the number of corporate and partnership returns filed electronically. This year, [...]
Health Coverage Providers: Understanding Minimum Essential Coverage
The Affordable Care Act requires any person or organization that provides minimum essential coverage, including employers that provide self-insured group health plans, to report this coverage to the IRS and furnish statements to the covered [...]
Job Search Expenses May be Deductible from the IRS
People often change their job in the summer. If you look for a job in the same line of work, you may be able to deduct some of your job search costs. Here are some [...]
Key Tax Tips on the Tax Effects of Divorce or Separation from IRS
Income tax may be the last thing on your mind after a divorce or separation. However, these events can have a big impact on your taxes. Alimony and a name change are just a few [...]