WASHINGTON — With the April 17 tax deadline fast approaching, taxpayers can find most answers to their tax questions by taking advantage of the wide variety of easy-to-use online tools available on IRS.gov. This is the eighth in a series of nine IRS news releases called the Tax Time Guide, designed to help taxpayers navigate common tax issues. Already this year, visits to IRS.gov have jumped 21 percent over the […]

WASHINGTON — More than 720,000 people get plain-language IRS tax tips sent to their email inbox through a free subscription service available on IRS.gov. These short and concise tax tips arrive one per business day and cover a wide range of topics to help people with issues pertaining to their taxes. Many tips offer information on money-saving tax credits and deductions that can be easily overlooked and could affect a […]

As people are filing their taxes, the IRS reminds taxpayers to hang onto their tax records. Generally, the IRS recommends keeping copies of tax returns and supporting documents at least three years. Taxpayers should keep some documents — such as those related to real estate sales — for three years after filing the return on which they reported the transaction. Use a Tax Return to Validate Identity Taxpayers using a […]

Taxpayers who give money or goods to a charity may be able to claim a deduction on their 2017 federal tax return, which basically reduces the amount of their taxable income. Here are some important facts about charitable donations: Qualified charities. To receive a deduction, taxpayers must donate to a qualified charity. To check the status of a charity, use the IRS Select Check tool. Here are examples of things […]