It's hard to overlook the big charitable gifts you made during the year, by check or payroll deduction (check your December pay stub).
Did you pay for college in 2014? If you did it can mean tax savings on your federal tax return. There are two education credits that can help you with the cost of higher education.
If your lender cancels part or all of your debt, you normally must pay tax on that amount. However, the law provides for an exclusion that may apply to homeowners who had their mortgage debt cancelled in 2014.
Small employers should be aware of changes to the small business health care tax credit, a provision in the Affordable Care Act that gives a tax credit to eligible small employers who provide health care to their employees.
By now, it's not a surprise that everybody is on Facebook. After all, it's the biggest social media network in the world with more than 1 billion users. So, there is a high probability that your clients are on facebook, too! And if they're not, it's just a matter of time before they join the masses.
Some people take an early withdrawal from their IRA or retirement plan. Doing so in many cases triggers an added tax on top of the income tax you may have to pay.
The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS.
Find out when Uncle Sam might be able to get his hands on part of your injury settlement.
Starting with the 2014 tax year, certain provisions of the Affordable Care Act will affect federal tax returns. The majority of taxpayers will simply need to check a box on their tax return to report health coverage for everyone on their return for all of 2014.