Sep. 2018

Education Credits Taxpayers who pay for higher education can see tax savings when they file their tax returns. If taxpayers, their spouses or their dependents take post-high school coursework, they may be eligible for a tax benefit. There are two credits available to...

Aug. 2018

Extension Due Date Monday, October 15, 2018, is the extension deadline for most taxpayers who requested an extra six months to file their 2017 tax return that For taxpayers who have not yet filed, here are a few tips to keep in mind about the extension deadline and...

July 2018

Letter from the IRS Every year the IRS mails millions of letters to taxpayers for many reasons. Here are some tips and suggestions for taxpayers who receive one: Don’t ignore it. Most IRS letters and notices are about federal tax returns or tax accounts. Each notice...

June 2018

Selling a home – Taxpayers who sell a home may qualify to exclude from their income all or part of any gain from the sale. Ownership and use. To claim the exclusion, the homeowner must meet the ownership and use tests. During a five-year period ending on the...

May 2018

Missed the tax-filing deadline? While the federal income tax-filing deadline has passed for most people, there are some taxpayers still facing tax-related issues. This includes people who still haven’t filed, people who haven’t paid their taxes or those who are...

Apr. 2018

As the April 17 tax-filing deadline nears, many taxpayers may rush to finish their tax returns or find that extra time is needed to get them done. The IRS recommends that taxpayers request a filing extension if they need one. Mistakes can happen when hurrying to file...