This article was published by the IRS. Owning a home costs money, but there are tax benefits available to help homeowners save on some of common costs of homeownership. Homeowners should review the tax deductions, programs, and housing allowances to see if they are eligible. Deductible house-related expenses Most home buyers take out a mortgage to [...]
This article was published by the IRS. The employer-provided Childcare Tax Credit is an incentive for businesses to provide childcare services to their employees. About the tax credit This tax credit helps employers cover some costs for childcare resource and referral and for a qualified childcare facility. A qualified childcare facility is one that meets the [...]
This article was published by the IRS. Here are some simple things taxpayers can do throughout the year to make next filing season less stressful: Organize tax records. Create a system that keeps all important information together. Taxpayers can use a software program for electronic recordkeeping or store paper documents in clearly labeled folders. They should [...]
This article was published by the IRS. IRS identity protection PINs, or IP PINs, are a vital tool to protect taxpayers from fraudsters trying to steal personal and financial information. Taxpayers are encouraged to establish an IRS Online Account and request an IP PIN. Important things to know about an IP PIN Anyone with an SSN [...]
It's important to think about hurricanes, tornadoes, and other disasters so you're prepared in case they happen. This includes safeguarding your tax forms and other financial records. First, you could take advantage of electronic record keeping. See if you can receive your bank statements and related documents by email. For paper documents such as W-2s and [...]
