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The deadline for filing individual tax returns is Tuesday, April 15th, just one week away. This week's newsletter focuses action items to do by the deadline. Plus, there's a new law permitting taxpayers to deduction charitable contributions for disaster relief. And the IRS has issued tax relief provisions for people in Colorado and Washington.
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Tips for Preparing Your Tax Return Close to the Deadline
Here are some tips for working on your tax return in the days just before the April 15th deadline.
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Last Minute Deductions for Tax Year 2013
Is it possible to spend money on deductions now and have the expense be deducted on our 2013 tax return? Yes, but only 4 types of deductions have this special feature.
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Retroactive Charitable Donations for Typhoon Haiyan Relief
Taxpayers can take a deduction on their 2013 tax return for cash donations made between March 26, 2014, and April 14, 2014, to charities providing disaster relief to areas impacted by Typhoon Haiyan.
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Tax Reform Act of 2014, Part 3, Deductions
We look at proposals for changing exclusions and tax deductions in Dave Camp's proposed Tax Reform Act.
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