With hurricane season underway, the Internal Revenue Service is reminding taxpayers that criminals and scammers often try to take advantage of the generosity of taxpayers who want to help victims of major disasters. Hurricane season runs June 1 to Nov. 30, and taxpayers need to be vigilant of scams that will undoubtedly pop up when and [...]
The following article was published by the IRS. The Internal Revenue Service reminded certain tax-exempt organizations that the Tuesday, May 15 filing deadline for Form 990-series information returns is fast approaching. Form 990-series information returns and notices are normally due on the 15th day of the fifth month after an organization’s tax-year ends. Many organizations use [...]
The following article was published by the IRS. Taxpayers who give money or goods to a charity may be able to claim a deduction on their 2017 federal tax return, which basically reduces the amount of their taxable income. Here are some important facts about charitable donations: Qualified charities. To receive a deduction, taxpayers must donate [...]
[youtube https://www.youtube.com/watch?v=HCz_0d8lt_o] The end of the year is often a time of reflection. It's also a time for looking to the future and planning one's course over the next year. One of the crucial areas to address during this time is the area of personal finance. Here are some money moves to consider and make before [...]
[youtube https://www.youtube.com/watch?v=Zlx9-giqLPU] "Charitable giving" is a phrase used frequently towards the end of the year, both during the holiday season as well as at tax time. Giving is an extremely important gesture made by those who have towards those who aren't as fortunate. While need is a universal phenomenon, resources are often limited, necessitating that we [...]