Home Blogs Tag: tax deduction

Tag: tax deduction

Filter by Category:
efile taxes

What do I do if someone else claimed my dependent?

In the worst case scenario, the IRS rejects your tax return. Someone else claimed my dependent. What should I do? Luckily, the IRS gives you options in case you’re stuck in this situation. Unfortunately, the IRS cannot disclose who claimed your dependent. Typically it’s either the other parent, their child claimed themselves as an exemption […]

Read More
Can I pay my federal taxes with a credit card?

Can I pay my federal taxes with a credit card?

The IRS can’t directly accept credit card payments due to tax laws. However, they can accept payments through a third-party processor. For example, online tax preparation companies are third-party processors since they are designated by a merchant to handle transactions for merchant acquiring banks. They can then assist you in making your credit card payment […]

Read More
Are Campaign Donations Tax Deductible?

Are Campaign Donations Tax Deductible?

Political contributions may help get your candidate elected, but they won’t get you a tax deduction 2012 is an election year – in case all the negative ads spamming the airwaves haven’t already tipped you off. And election season, like almost everything else, raises some very important tax questions, not all of them about Mitt […]

Read More

Don’t Miss Any Updates

Sign up with your email to receive latest updates.