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Personal Federal Income Tax News

Donate Clothes and Household Items to Charity (Year-End Tax Tips)
One of my New Year's Eve traditions is to clean out my closets and take clothes, small appliances, and kitchen items in good condition or better to my local non-profit...

Prepay College Tuition for Next Year (Year-End Tax Tips)
Tuition paid this year for courses beginning in the first three months of next year will qualify to be deductible this year. This applies to the tuition and fees deduction,...

Rebate Recovery Credit for 2008
The recovery rebate credit is a special federal tax credit for 2008 only. The credit is available for individuals who did not apply for the economic stimulate rebate in 2007....

IRS to Expedite Tax Lien Relief for Homeowners
Homeowners who are trying to sell their house or refinance their mortgage and who have a federal tax lien for unpaid taxes can ask the IRS to help expedite the...


 
 
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