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Tax Tips & News: charitable

Giving to Charity This Holiday Season? Here’s How to Report it on Your Taxes

4 minutes read

Reporting Charitable Deductions

The end of 2014 is just days away, and if you’re like many Americans, you are planning to give to one or more charitable organizations before the new year dawns. Around 34 percent of all charitable giving is done in the last three months of the year and slightly more than half of that is during the month of December. Giving is up substantially this year over 2013, thanks in large part to the continued national economic recovery.

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Tax Tips: Audit Red Flags

1 minute read

The following short video reviews some important information and common mistakes that taxpayers often make which can subject their tax returns to an Audit:

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What Triggers An IRS Audit? (aka Desk Audit Tax)

5 minutes read

Avoid Audit Red Flags

Nothing brings on the cold sweats like an official letter from the Government; particularly the IRS. Like being pulled over by the police while driving, thoughts of everything you have ever done (or may have done) wrong begin to flood your mind. There are two different classes of IRS Audits: Correspondence Audits & Desk Audits.

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