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Tis’ the Season for Giving: Tips to Being a Savvy Contributor

Tis’ the Season for Giving: Tips to Being a Savvy ContributorAccording to the World Giving Index, there are over 1.5 million registered charities in the U.S. That means there are many choices when selecting an organization to receive your charitable donation. You don’t want to make a donation to a fake charity or one that is ineffective or wasteful with its funding. Here are a few tips to help you choose the best organization. [Read More...]

Are You Behind on Your Taxes? If You’re a New Yorker, You May Lose Your Driver’s License

The State of New York is creating a driver’s license suspension program targeted at those who owe $10,000 or more in back taxes and have exhausted all appeals to mitigate their tax bills. [Read More...]

Myth or Truth: Debunking Common Affordable Care Act Misconceptions

Myth or Truth: Debunking Common Affordable Care Act Misconceptions On Oct 1, the healthcare exchange went live and media coverage on the Affordable Care Act significantly increased. Despite the influx of valid information from reputable news sources, some myths have begun circulating about the Affordable Care Act. Below are some common myths and the reality associated with them. [Read More...]

Deadline Approaching: Tax Filing and Payment Extensions Expire Oct. 15

Deadline Approaching: Tax Filing and Payment Extensions Expire Oct. 15If you were one of more than 11 million taxpayers who requested a 6-month extension on filing your taxes, you have less than 1 month to file your taxes. Your return must be filed by Oct. 15th. However, those individuals who are in the military serving in Iraq, Afghanistan or other combat zones usually have 180 days after they leave the combat zone to file their return and pay taxes due. [Read More...]

Tax Relief for Victims of Severe Storms in Colorado

Those individuals affected by the natural disasters in Colorado that began on Sept. 11 may qualify for tax relief. you reside or have a business in one of these counties you may qualify for tax relief. The IRS is permitted to postpone deadlines falling on or after Sept. 11th and on or before Dec. 2nd. This includes the quarterly estimated tax payment due on Sept. 16. It also includes the due date of Sept. 16 for calendar year corporations and partnerships that received extensions of time to file. [Read More...]
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