Not everyone is required to file a tax return. A taxpayer is required to file a tax return if his gross income exceeds the combined total...

IRS Tips for Year-End Gifts to Charity #2 Gifts of money include those made in cash or by check, electronic funds transfer, credit card...

IRS Tips for Year-End Gifts to Charity #3 Household goods. Household items include furniture, furnishings, electronics, appliances and...

IRS Tips for Year-End Gifts to Charity #1 Many people give to charity each year during the holiday season. Remember, if you want to claim...

IRA Contributions #3: Take required distributions. If you’re at least age 70½, you must take a required minimum distribution, or RMD,...

IRA Contributions #2: Avoid excess contributions. If you contribute more than the IRA limits for 2014, you are subject to a six percent...

IRA Contributions: Know the limits. You can contribute up to a maximum of $5,500 ($6,500 if you are age 50 or older) to a traditional or...

Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be: •57.5 cents per mile for...

This year, due to the new health insurance regulations, IRS will get all information from your health insurance providers and if you...