Hire a Veteran and Get IRS Tax Credit, Expires 12/31/13
If you plan to hire soon, consider hiring veterans. If you do, you may be able to claim the federal Work Opportunity Tax Credit worth thousands of dollars. You must act soon. The WOTC [...]
Don’t Fall for Charity Scams Following Disasters
The IRS warns consumers not to fall for bogus charity scams. They often occur in the wake of major disasters like the recent tornadoes in the Midwest or the typhoon in the Philippines. Thieves play [...]
WALK-IN TAX PREPARATION ASSISTANCE ENDING AT IRS FIELD OFFICES
The IRS has notified its field offices that offer walk-in tax preparation assistance that the services will not be offered in 2014 due to budget cuts. The assistance centers prepared only 60,000 returns last [...]
Changes soon for Tax-Exempt Social Welfare Organizations?????????
The U.S. Department of the Treasury and the Internal Revenue Service today will issue initial guidance regarding qualification requirements for tax-exemption as a social welfare organization under section 501(c)(4) of the Internal Revenue Code. [...]
IRA 2013 Year – End Reminders
IRAs are a great way to save for retirement. Here are some reminders for 2013. Contributions Limits Review the 2013 IRA contribution and deduction limits to ensure you’re taking full [...]