IRS Scam Warning

The IRS has again issued a scam warning. The newest scam involves receiving via email a fake version of an IRS bill related to the Affordable Care Act. The bill requests payment by check or by clicking a link in the email. Remember, genuine IRS notices do not come to...

October 17 Deadlines

Did you extend your 2015 federal individual income tax return? October 17 is the final deadline. And if you put too much money in your IRAs last year, October 17 is the last date to withdraw the excess and avoid a 6% excise tax.  

Education Tax Breaks

Are your children in college? You may be able to offset some of the costs of their education with tax breaks. Here’s a “tax primer.” Education tax credits include the American Opportunity Tax Credit and the Lifetime Learning Credit. The American...