Newsletter Archives

Failure to File or Pay Penalties: Eight Facts

The number of electronic filing and payment options increases every year, which helps reduce your burden and also improves the timeliness and accuracy of tax returns. When it comes to filing your tax return, however, ...

Renting Your Vacation Home

Income that you receive for the rental of your vacation home must generally be reported on your federal income tax return. However, if you rent the property for only a short time each year, you may ...

FAQ: Education Credits

Question:   Do tuition and related expenses paid to attend a private high school qualify for an education credit? Answer:   No. Expenses paid to attend a private high school do not qualify for an education credit because ...

Upcoming Tax Deadlines

July Mon 2 File Form 11-C to register and pay annual tax if you are in the business of taking wagers. Mon 2 File Form 730 and pay the tax on wagers accepted during May. Mon 2 File Form 2290 and pay the tax ...