Category Archives: taxes

Tax filing reminder for nonprofit organizations

Nonprofit organizations are required to file annual reports with the IRS. Organizations with gross receipts of $50,000 or less can file an e-Postcard instead of the longer Form 990. The deadline for nonprofit filings is the 15th day of the … Continue reading

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Last chance to claim a 2013 refund

According to the IRS, nearly one million taxpayers who failed to file a return for 2013 are in danger of losing refunds. Tax law provides a three-year period to claim a refund when no return is filed. That means you’ll … Continue reading

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Name mismatch?

If you or a dependent had a name change in 2016, notify the Social Security Administration (SSA) before you file your tax return with the IRS. If the name on your tax return does not match SSA records, the IRS … Continue reading

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Tax tips for newlyweds

The tax implications of marriage are probably not the first thing on the minds of most newlyweds, but paying a little attention to it now can save time and even money later. Here are a few tips to help those … Continue reading

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Don’t make an expensive mistake with your IRA

Simple mistakes on your IRA can cost you dearly. Perhaps you accidentally doubled up on your IRA contribution for 2016. Did you forget to take your required minimum distribution and then notice the oversight when you were gathering the information … Continue reading

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Tax records – What you should keep

It’s that time of year when you are getting ready to sort out last year’s financial records and prepare for this year’s recordkeeping. Do you know what you should keep and what can you throw away? Here are some suggestions. … Continue reading

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Are Your Social Security Payments Taxable?

They may be. The IRS’s rules for taxing Social Security benefits could require some studying on your part. If you’ve received Social Security benefits for more than a year, you probably already know the answer to this question. But if … Continue reading

Posted in Filing Taxes, Funding for Medicare and Social Security, retirement, save on taxes, taxes, Uncategorized | Tagged , , , | Leave a comment