This article was published by the IRS. The summer wedding season is fast approaching. Wedding planning is often overwhelming, but figuring out how marriage will affect a couple's tax situation doesn't have to be. Here are a few things couples should think about as they prepare for the big day. Name and address changes People who [...]
The Atlantic hurricane season begins on June 1. It's important to think about hurricanes, tornadoes, and other disasters in advance 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 [...]
This article was published by the IRS. The Internal Revenue Service is reminding tax-exempt organizations that many have a filing deadline of May 16, 2022. Those that operate on a calendar-year (CY) basis have certain annual information and tax returns they file with the IRS. These returns are: Form 990-series annual information returns (Forms 990, 990-EZ, [...]
This article was published by the IRS. Taxpayers should file their tax return by the deadline even if they cannot pay their full tax bill. Taxpayers who owe tax and don't file on time, may be charged a failure-to-file penalty. This penalty is usually five percent of the tax owed for each month, or part of [...]
When school's out on break, what do you do with your children? If you send them to a day camp, the money you pay may qualify for a tax credit when you file your taxes. This means you might get some money back. That's because day camp expenses can be used to claim the child and [...]
