Today, relatively few Americans itemize deductions on their tax returns. You can claim either the standard deduction or the itemized deductions, but not both. And, of course, you always...
Several charities are experiencing a drop in donations as the United States grapples with the COVID health crisis. In response, Congress included a clause in the CARES Act, designed...
The average tax refunds continue to be lower compare to last year and the tax deadline is getting close. According to the IRS, $2,640 is the average tax refund for the week ending...
Posted by Valderas Financial Solutions LLC on 05/20/2019
In order to understand the reason behind the payouts increase in charitable annuities, you need to first get an idea about the whole concept. The charity gift annuity framework works...
Collecting money every tax season has got to be one of the best moments in a taxpayer’s life. A lot of workers calculate their withholdings to ensure they’re getting their...
Posted by rinehimerbaker on 09/11/2018
During tax season, individual tax payers are often looking for ways to legally reduce their tax burden. Throughout the pages of IRS regulations, there are a myriad of available deductions...
Posted by AccuraTax LLC on 01/28/2016
Many taxpayers overpay their taxes every year just because they neglect one of the following money-savers. To remind all those people and update their tax deduction knowledge, we have...
Posted by Cheryl Panattoni Forensic Accounting and Tax Inc on 10/30/2015