Monthly Archives: August 2012

IRS Tips for Income Tax Deduction of Gifts to Charity

Six Tips for Charitable Taxpayers From the IRS Contributing money and property are ways that you can support a charitable cause, but in order for your donation to be tax-deductible, certain conditions must be met.  Read on for six things the IRS wants taxpayers to know about deductibility of donations. 1. Tax-exempt status. Contributions must be … Continue reading IRS Tips for Income Tax Deduction of Gifts to Charity

IRS Tips for College-Bound Students in Financial Aid Process

Automated IRS System Helps College-Bound Students with Financial Aid Application Process–Tips from the IRS College-bound students and their parents sometimes face last minute requests to complete or provide additional information for financial aid applications. The Internal Revenue wants to help by minimizing time spent on the completion of the Department of Education’s Free Application for … Continue reading IRS Tips for College-Bound Students in Financial Aid Process

How to Get a Transcript or Copy of a Prior Year’s Tax Return from the IRS

How to Get a Transcript or Copy of a Prior Year’s Tax Return from the IRS…According to the IRS Taxpayers should keep copies of their tax returns, but if they cannot be located or have been destroyed during natural disasters or by fire, the IRS can help. Whether you need your prior year’s tax return … Continue reading How to Get a Transcript or Copy of a Prior Year’s Tax Return from the IRS