Some taxpayers may think they need to visit an IRS office for help in person with their tax issues. However, many of these people may actual

With school back in session, parents and students should look into tax credits that can help with the cost of higher education. They do this

Disasters can strike without warning, causing damage and destruction. Before the IRS can authorize tax relief, the president must declare a

Now that fall is here and school has started, many teachers are dipping into their own pockets to buy classroom supplies. Doing this through

The earned income tax credit benefits working people with low-to-moderate income. Last year, the average credit was $2,445. EITC not only r

The Internal Revenue Service today issued Revenue Procedure 2019-38 that has a safe harbor allowing certain interests in rental real estate,

Under tax reform, eligible employers who provide paid family and medical leave to their employees in 2019 may qualify for a business credit

Taxpayers who claim at least one child as their dependent on their tax return may be eligible to benefit from the child tax credit. It’s imp

Taxpayers who donate to a charity may be able to claim a deduction on their tax return. These deductions basically reduce the amount of

There are two education credits that can help taxpayers with higher education costs: the American opportunity tax credit and the lifetime le

The Internal Revenue Service today wants small business owners who are employers to know that the Electronic Federal Tax Payment System ha

Tax law changes in the Tax Cuts and Jobs Act affect almost everyone who itemized deductions on tax returns they filed in previous years.. O

Businesses that use a car or other vehicle may be able to deduct the expense of operating that vehicle on their taxes. Businesses generally

Small business owners should keep good records. This applies to all businesses, whether they have a couple dozen employees or just a few.

As they are preparing their 2018 tax returns, taxpayers should remember that personal exemptions are suspended for 2018. T

Taxpayers may need to take money out of their individual retirement account or retirement plan early. However, this can trigger an addition

Here are just a few key deductions and credits that can benefit small business taxpayers.

The IRS has some good news for taxpayers who are selling their home. When filing their taxes, they may qualify to exclude all or part of an

More than 90 percent of all data thefts start with a phishing email. Cybercriminals use phishing emails and malware to gain control

Aside from regular wages, many taxpayers have jobs where they get tips from their clients or customers. Generally, income received as a tip