Tag: tax
TIPS FOR HIRING A TAX PREPARER
If you are looking for a professional to help you prepare your taxes, let us give you some suggestions on what to look for. There are hundreds of tax preparers out there, some make grandiose promises of large tax returns and others do not follow the rules set by the IRS. These mistakes could potentially make filing your taxes incredibly difficult and expensive. Let us help you avoid problems.
We wanted to give you some tips on finding and hiring a tax professional.
It is important to check out tax preparers carefully before hiring one. Do not fall for promises of huge refunds. It really becomes a ‘consumer, beware’ world.
Tax Breaks for Charitable Giving
Charity fund-raising reached a peak during the holiday season. Friends and family made donations in your name, and charities appealed for help at every corner and in every day’s mail. We wanted to give you some advice to understand the complex IRS rules. With tax season in full swing, many charitable contributions are deductible and we want to make sure you know about them.
Beat The Clock
Donations must be made before Dec. 31st. If you mail a check make sure you mail it a few days early so the Postal Service has time to postmark the envelope. A donation made by credit card is deductible in the year the charge is incurred even though you may not pay the bill until the following year.