People and Families Paying For Disability-Related Expenses Should Consider an Able Savings Account
People with disabilities and their families can use Achieving a Better Life Experience or ABLE accounts to help pay for qualified disability-related expenses. ABLE accounts are tax-advantaged savings accounts that don’t affect eligibility for government...
There’s More to Determining Filing Status Than Being Married or Single
Some taxpayers are eligible for more than one filing status. As they get ready for the upcoming filing season, taxpayers should carefully review their options to pick the filing status that makes the most sense for them. Those who are only eligible for one filing...
Special Reminder for IRA Owners Age 70½ or Over
WASHINGTON — The Internal Revenue Service today reminded IRA owners age 70½ or over of their option to transfer up to $100,000 to charity tax-free each year. These transfers, known as qualified charitable distributions or QCDs, offer eligible older Americans a great...
Get Ready Now to File Your 2022 Federal Income Tax Return
WASHINGTON — The Internal Revenue Service today encouraged taxpayers to take simple steps before the end of the year to make filing their 2022 federal tax return easier. With a little advance preparation, a preview of tax changes and convenient online tools,...
These Security Guidelines Can Help Keep Personal Info Safe Online
Taking online security seriously can help people keep their information safe and out of the hands of identity thieves and scammers. It only takes a few simple steps to avoid common security pitfalls. By following these tips, consumers and taxpayers can reduce the risk...
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