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How to Prepare Before a Disaster Strikes

How to Prepare Before a Disaster Strikes

A home disaster can be stressful enough without reconstructing important records and accounting for belongings. The Internal Revenue Service encourages taxpayers to safeguard their financial and tax records before disaster strikes. Listed below are four simple tips...

Summer Day Camp Expenses May Qualify for a Tax Credit

Summer Day Camp Expenses May Qualify for a Tax Credit

Along with the lazy, hazy days of summer come some extra expenses, including summer day camp. But, the IRS has some good news for parents: those added expenses may help you qualify for a tax credit.Many parents who work or are looking for work must arrange for care of...

‘Temporary’ FUTA Surtax Expires after 35 Years

‘Temporary’ FUTA Surtax Expires after 35 Years

The Federal Unemployment Tax Act surtax is set to expire Thursday after House Republicans refused to extend the 35-year-old “temporary” unemployment surtax.“The death of any tax on jobs—no matter how big or small—is a historic moment and one to be celebrated,” Camp...

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