Tax Returns May Be Delayed This Year

Tax Returns May Be Delayed This Year

The Internal Revenue Service is utilizing the provisions of the Protecting Americans from Tax Hikes Act of 2015, or the PATH Act, as part of its never-ending effort to cut down on incidents of tax fraud. However, one of the consequences of this law designed to protect...
Tax Deduction Changes to be Aware of Before Preparing Taxes

Tax Deduction Changes to be Aware of Before Preparing Taxes

Although changes for the 2016 tax year were mostly minor, there are a few deduction adjustments and other tweaks that will likely interest taxpayers as they prepare to file their yearly returns. Taxpayers who can claim a head-of-household deduction will see a slight...