Hurricanes, earthquakes, mudslides, tornadoes, floods, forest fires, and other natural disasters wreak havoc on a large scale. Homes and possessions might be damaged or lost. It’s a tragedy when people are injured or killed.
At such times, genero…
The IRS is offering victims of Hurricane Florence tax relief. If you are located in an area designated by the Federal Emergency Management Agency as qualifying for individual assistance, you now have until Jan. 31, 2019 to file certain individual and b…
At the end of June, the IRS released an early draft of the newly revised Form 1040. If you’re not familiar with that term, Form 1040 is the standard tax form individuals use to file their income tax returns. For instance, if you itemized your ded…
Late Tuesday afternoon, the Internal Revenue Service (IRS) announced an extension to the tax filing deadline after its systems for electronically filing tax returns were offline for most of the day. Tax filers now have until midnight on Wednesday, Apri…
Congress recently extended a number of tax breaks for 2017 that include the extension of a few previously expired deductions and credits. Here’s a look at three of the key provisions that impact individuals and families. Qualified mortgage insurance pr…
