Prepare for natural disasters by safeguarding tax records

With the start of hurricane season, the Internal Revenue Service encourages individuals and businesses to safeguard themselves against natural disasters by taking a few simple steps.Create a backup set of recordsYou should keep a backup set of records in a safe place....

What happens if I lose my job?

Losing a job may create new tax issues for you and your family. If you or a family member loses a job, be aware that the following items are taxable: severance payunemployment compensationpayments for any accumulated vacation or sick time Public assistance and food...