If you’re a charity, you are likely doing all you can to help others and the last thing you on your mind is usually taxes. Despite being tax-exempt, charities still face specific tax issues. Luckily the IRS has created an online course to help.
When it comes to domestic abuse, finances are often another area of that perpetrators use to take control their victims. That is why it is important for victims of domestic abuse to know managing finances is important to understanding one’s tax rights. Taxpayers should know that it is their right to expect the IRS to consider facts along with circumstances affecting their individual’s taxes.
Data Protection Tips to Help Taxpayers, Businesses The second annual National Tax Security Awareness Week is taking place this week.This event is part of the Security Summit, part of an ongoing collaborative effort to combat tax-related identity theft. The IRS, state tax agencies, the tax industry, and groups are coming together to encourage people to protect their tax data and identities. Black Friday and Cyber Monday kicked off the online holiday shopping season. The 2018 tax filing season is just around the corner as well, meaning criminals are especially active and working hard to obtain people’s personal data.
Now that the tax return extension filing deadline has passed, the IRS suggests that you look ahead and get ready for next year. As a Taxpayer, you still have time to take these three actions that may affect the 2017 tax return you will file in 2018.