The nominations are in for the 12 Days of Charitable Giving 2010. Our eleventh of twelve charities to be featured this year is Back on My Feet, a nonprofit organization that promotes the self-sufficiency of homeless populations by engaging them in running as a means to build confidence, strength and self-esteem. Here’s what our nominee…
So now that members of Congress (and President Obama) are patting themselves on the back after their 11th hour tax deal, the real work begins: the IRS and tax professionals get to explain for the next month and a half why they can’t actually start processing your taxes on time. That’s because even though they…
If you’re hoping to take advantage of Refund Anticipation Loans (RALs) and related products during this tax season, you’re going to have to look pretty hard. Many third party preparers will not be offering those products this year, citing financial difficulties with underwriters. Some of the financial difficulties stem from the economy. RALs (and similar…
The nominations are in for the 12 Days of Charitable Giving 2010. Our tenth of twelve charities to be featured this year is Northwest Philadelphia Interfaith Hospitality Network whose mission is to mobilize resources and volunteers among the diverse congregations and communities of Northwest Philadelphia in direct response to the needs of homeless families for…
Taxpayer asks: I own a small business. I was planning on getting my employees a little something for Christmas this year but I heard on TV that they’d be taxed on it. Is that true? taxgirl says: It depends. You see, the IRS tends to believe that, even at the holidays, you aren’t really giving…
This month, I’ve been focusing on charitable donations. DoSomething.org, one of the largest organizations in the US that helps young people rock causes they care about, just released its list of the most charitable celebs for 2010. At the top of the list? Lady Gaga (yes, Dad, she’s a real person), who was given the…
The nominations are in for the 12 Days of Charitable Giving 2010. Our ninth of twelve charities to be featured this year is Broad Universe, a nonprofit international organization of women and men dedicated to celebrating and promoting the work of women writers of science fiction, fantasy and horror. Here’s what our nominee had to…
The Internal Revenue Service (IRS) is on a tear with the big banks. First UBS, now Deutsche Bank (DB). The eight-year investigation into UBS’ role in assisting US taxpayers commit tax fraud has been resolved and the tab isn’t as bad as originally feared. DB agreed to pay $553 million in fees and penalties; that…
The nominations are in for the 12 Days of Charitable Giving 2010. Our eighth of twelve charities to be featured this year is Region 10 Community Support Services, Inc., which provides services and support to people who have developmental disabilities or acquired brain disorders. Here’s what our nominee had to say: Region 10 is one…
Taxpayer asks: My daughter and I make cookies every year to give out at our local VA hospital at Christmas. Can we take a deduction for this on our taxes? Taxgirl says: As a mom, I think what you’re doing is terrific. And as the sister of military personnel (one lifer, one retired), I think…