Whether you are giving to a religious organization, for medical research to find a cure or to save the elephants, you need to remember certain guidelines if you expect to take a deduction on your tax return. You can make your donations in cash or by check, credit card or payroll deduction. But where a […]

Tax Savings Ideas are Still Available As the end of the year approaches, there is still time to make moves to manage your tax liability. Here are some ideas to consider before the glitter ball drops in Times Square.   Maximize your retirement plan contributions. This includes IRAs and 401(k) plans at work. Given the […]

Following the emergence of new variations of widespread tax scams, the Internal Revenue Service has issued another warning to taxpayers to remain on high alert and protect themselves against the ever-evolving array of deceitful tactics scammers use to trick people. These schemes — which can occur over the phone, in e-mails or through letters with […]

When you start a business, a key to your success is to know your tax obligations. You may not only need to know about income tax rules, but also about payroll tax rules. Here are five tax tips that can help you get your business off to a good start. Business Structure.  An early choice you […]

With another school year just around the corner, now is a good time to see if students will qualify for either of two college tax credits or other education-related tax benefits when they file their 2015 federal income tax returns. In general, the American Opportunity Tax Credit or Lifetime Learning Credit is available to taxpayers who pay qualifying expenses […]