Tag Archives: tax
Tax Relief for Hurricane Sandy Victims
Written by: Karen Reed, EA In the aftermath of Hurricane Sandy, the IRS has announced a range of relief measures intended to help those in disaster areas meet their tax obligations and recover from the damage caused by the storm. … Continue reading
When Proof of Payment Is Not Enough
Written by: Karen Reed, EA Two recent Tax Court decisions reinforce the need for taxpayer vigilance in obtaining proper documentation to support items claimed on federal income tax returns. In both cases, legitimate deductions were denied because the taxpayers did … Continue reading
If You Are Not Able to Pay Your Tax Bill
Written by: Karen Reed, EA If you know you have a large tax bill coming that you are not able to pay, the most important thing to know is that you should still file your tax return before the filing … Continue reading
