Free Tax Help Available Nationwide

WASHINGTON — Over 12,000 free tax preparation sites will be open nationwide this year as the Internal Revenue Service continues to expand its partnerships with nonprofit and community organizations providing vital tax preparation services for low- to moderate-income and elderly taxpayers. The IRS Volunteer Income Tax Assistance (VITA) Program offers free tax help generally to … More Free Tax Help Available Nationwide

New IRS Tax Guide to Help You Save on Your 2011 Taxes

WASHINGTON— Taxpayers can get the most out of various recovery tax benefits and get a jump on preparing their 2011 federal income tax returns by consulting a newly revised comprehensive tax guide now available on IRS.gov. Publication 17, Your Federal Income Tax, features details on taking advantage of a wide range of tax-saving opportunities, such … More New IRS Tax Guide to Help You Save on Your 2011 Taxes

IRS Offers Tips for Year-End Giving

WASHINGTON — Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include the following: Special Charitable Contributions for Certain IRA Owners This provision, currently scheduled to expire at the end of 2011, offers older owners of individual … More IRS Offers Tips for Year-End Giving

Plan Now to Get Full Benefit of Saver’s Credit

Plan Now to Get Full Benefit of Saver’s Credit; Tax Credit Helps Low- and Moderate-Income Workers Save for Retirement  WASHINGTON — Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2011 and the years ahead, according to the Internal Revenue Service. The saver’s credit helps … More Plan Now to Get Full Benefit of Saver’s Credit

Same Sex Spouses

Q-1:  How do registered domestic partners determine their gross income for 2010? Q-2:  Can registered domestic partners or same-sex spouses whose marriage is recognized under state law file federal tax returns using a married filing jointly or married filing separately status? Q-3:  Can a registered domestic partner qualify to file his or her tax return … More Same Sex Spouses