All posts by Jim

IRS Notice Regarding Social Security Benefits and Your Taxes

IRS Notice Regarding Social Security Benefits and Your Taxes Some people must pay taxes on their Social Security benefits. If you get Social Security, you should receive a Form SSA-1099, Social Security Benefit Statement, by early February. The form shows the amount of benefits you received in 2012. Here are five tips from the IRS … Continue reading IRS Notice Regarding Social Security Benefits and Your Taxes

IRS Tax Help in Spanish

Tax Help ‘en Español’ from the IRS Tax information can be tough to understand in any language. It may be more difficult to understand if it is not in your first language. The IRS offers a wide range of free and easy-to-use products and services for Spanish-speaking taxpayers. Here are some tips if you need … Continue reading IRS Tax Help in Spanish

Tax-Free Transfers to Charity Renewed For IRA Owners 70½ or Older; Rollovers This Month Can Still Count For 2012

From IRS: WASHINGTON — Certain owners of individual retirement arrangements (IRAs) have a limited time to make tax-free transfers to eligible charities and have them count for tax-year 2012, the Internal Revenue Service said today. IRA owners age 70½ or older have until Thursday, Jan. 31 to make a direct transfer, or alternatively, if they … Continue reading Tax-Free Transfers to Charity Renewed For IRA Owners 70½ or Older; Rollovers This Month Can Still Count For 2012