Education Tax Credits
We continually hear and read reports on the escalating cost of higher education. However, two tax credits are available to provide some relief for taxpayers who are paying these education costs for themselves or family members.
IRS's Information on Exempt Charitable Organizations
The IRS recently launched a new online search tool entitled "Exempt Organizations Select Check."
Excluding a Residence Sale Gain Following Divorce
A residence is often a married couple’s most significant asset. As a result, monetary and tax considerations for property settlements related to the marital residence are usually extremely important to divorcing taxpayers.
Reporting Barter Transactions
Bartering is one of the most ancient forms of commerce and involves the trading of a service or product for another. While our ancestors may have traded corn for eggs, today we might barter an auto repair for lawn service.