Regulations on Charitable Contributions

The Internal Revenue Service issued final regulations that require taxpayers to reduce their charitable contribution deductions by the amount of any state or local tax credits they receive or expect to receive in return. The IRS also stated that taxpayers may treat...

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Something Phishy

"Phishing" is defined as the attempt to gather secure information such as usernames, passwords, credit card info, etc. by posing as a trustworthy business or organization in electronic communication. A common form of taxpayer phishing we have seen lately involves...

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