Who Should File a Tax Return?

Do you need to file a federal tax return this year? Perhaps. The amount of your income, filing status, age and other factors determine if you must file. Even if you don’t have to file a tax return, there are times when you should. Here are five good reasons why you should file a return, even if you’re not required …

Things You Need to Know About Deducting Charitable Contributions

The IRS has recently published tips for taxpayers who wish to deduct their charitable contributions from their tax bill. First, people who seek a tax deduction must donate to a qualified charitable organization.  Donations you make directly to an individual(s), even when they are truly in need, are not deductible.  Any contributions to a political organization or a political candidate …

Can’t Pay Your Taxes?

You owe taxes and you can’t pay them.  Now what? First of all file the return.  Even if you can’t pay anything with it, filing puts you in much better position to deal with the situation than if you hide from them and hope they go away….they WON’T!!  Get your stuff to a tax professional and get some sort of …