IRS Commisioner Appointments

Posted in Taxes Tuesday June 21, 2005

WASHINGTON — Richard J. Morgante and Pamela G. Watson have been named to the top two posts in the Wage and Investment (W&I) Division, the IRS unit that serves most individual taxpayers, the Internal Revenue Service announced today. (more…)

Single Insurer Qualification Guidance

Posted in Taxes Saturday June 18, 2005

Today the Treasury Department and the IRS issued guidance on the qualification of arrangements as “insurance” for federal income tax purposes. (more…)

Car Donation For Charity and Tax Relief

Posted in Home Finance, Taxes Tuesday May 3, 2005

Most people look forward to getting their tax return, but one of the downsides to filing taxes is that you may find yourself owing the taxman come April 15. What do you do when you realize that you not only owe money, but you owe more than you can pay at the time? (more…)

Health Savings Accounts

Posted in Taxes Saturday April 23, 2005

(PRWEB) April 13, 2005 — Defer Taxes using IRAs, SEPs, 401k’s, and now Health Savings Accounts.

There are several investment options tax-payers can use to lower their taxable income, and most can be funded as late as April 15. In addition to IRAs, and 401k’s, many individuals now also have the opportunity to put money aside in a Health Savings Account. (more…)