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Giving Tuesday is coming; now is a good time to review tax benefits for charitable giving

The Tuesday after Thanksgiving marks Giving Tuesday when many people choose to make charitable donations. People making charitable donations for Giving Tuesday, or at any time during the year, should review whether their gift is tax-deductible. Donations to charities...

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  • November 18, 2022

Valuable tax benefits for members of the military

Members of the military may qualify for tax benefits not available to civilians. For example, they don’t have to pay taxes on some types of income. Special rules may lower the tax they owe or allow them more time...

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  • March 24, 2022

Tax benefits of making a business accessible to workers and customers with disabilities

Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible for tax credits and deductions. Here’s an overview of the tax incentives designed to encourage employers to hire qualified people with disabilities...

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  • December 14, 2021

Some popular tax benefits renewed for 2019; IRS Publication 17 Helps with 2019 Taxes

WASHINGTON ― The Internal Revenue Service reminds taxpayers that it is processing tax returns claiming benefits extended or changed by recent legislation. Most taxpayers can file when they are ready – and as they normally would – if they...

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  • February 27, 2020

Newly-revised IRS publication explains tax benefits for members of the military

WASHINGTON — The Internal Revenue Service has released its newly-revised tax guide, designed to help members of the military understand the many special tax benefits available to them under the law. Publication 3, Armed Forces’ Tax Guide, now posted...

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  • February 26, 2020