For tax year 2014, the Internal Revenue Service announced annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes. The tax items for tax year 2014 of greatest interest to most taxpayers Continue reading Various tax benefits increase due to inflation adjustments
The Internal Revenue Service issued a consumer alert about possible scams taking place in the wake of Typhoon Haiyan. On Nov. 8, 2013, Typhoon Haiyan made landfall in the central Philippines, bringing strong winds and heavy rains that resulted in Continue reading IRS warns consumers of possible scams relating to relief of typhoon victims
When you file your 2013 taxes in April, you’re in for a surprise bill or refund due to the effects of the Additional Medicare Tax, which is levied on top of the Medicare tax you already pay. The Additional Medicare Continue reading Additional Medicare Tax and what it means for you