Many people give to charity each year during the holiday season. Remember, if you want to claim a tax deduction for your gifts, you must itemize your deductions. There are…

The Internal Revenue Service today issued guidance clarifying the impact a 2014 individual retirement arrangement (IRA) rollover has on the one-per-year limit imposed by the Internal Revenue Code on tax-free…

Still Time to Act to Avoid Surprises at Tax-Time Even though only a few months remain in 2014, you still have time to act so you aren’t surprised at tax-time…

Plan Now to Get Full Benefit of Saver’s Credit Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2014 and…

What to do if You Get a Notice from the IRS Each year the IRS mails millions of notices. Here’s what you should do if you receive a notice from…

Small Employers Should Check Out the Health Care Tax Credit New and existing small employers who do not yet benefit from the Small Business Health Care Tax Credit should look…

Drought-Stricken Farmers and Ranchers Have More Time to Replace Livestock; 30 States Affected   WASHINGTON — Farmers and ranchers who previously were forced to sell livestock due to drought, like…

Many people do not realize how easily criminals can obtain our personal data without having to break into our homes. In public places, for example, criminals may engage in “shoulder…

American opportunity tax credit Many of those eligible for the American opportunity tax credit qualify for the maximum annual credit of $2,500 per student. Students can claim this credit for…

WASHINGTON ― With another school year now in full swing, the Internal Revenue Service today reminded parents and students that now is a good time to see if they will…