Final Regulations on Charitable Contributions and State and Local Tax Credits

The U.S. Department of the Treasury and the Internal Revenue Service has issued final regulations that require taxpayers to reduce their charitable contribution deductions by the amount of any state or local tax credits they receive or expect to receive…

For taxpayers living, working outside the U.S., file a return by June 17

Taxpayers living and working outside of the United States must file their 2018 federal income tax return by Monday, June 17. The June 17 deadline applies to both U.S. citizens and resident aliens abroad, including those with dual citizenship. An…

Taxpayers should include tax plans in their wedding plans

Couples getting married this year know there are a lot of details in planning a wedding. Along with the cake and gift registry, their first tax return as a married couple should be on their checklist. We have a few…

IRS ends faxing and third-party mailings of certain tax transcripts

The Internal Revenue Service has announced it will stop its tax transcript faxing service in June and will amend the Form 4506 series to end third-party mailing of tax returns and transcripts in July. Tax transcripts are summaries of tax…