Credits/Deductions

 

Tax Relief for Disaster Victims and Those Who Help Them

Winter blizzards, spring tornadoes, summer hurricanes, fall wildfires—disasters can occur at any time, and despite precautions, you may suffer a financial disaster because of Mother Nature. Tax reli...

Doing Good and Getting a Tax Break for It

According to the federal government, in 2013 more than a quarter of all people in the United States did some volunteer work. To what extent can you write off costs related to your volunteer activities...

Lifetime Uses of Life Insurance Policies

Life insurance is designed to provide a surviving spouse, children, or other beneficiaries with funds after the insured’s death. It can also be used for other important purposes, such as buying out ...

What Mileage Rates Apply in 2014?

Each year, the IRS sets standard mileage rates for various types of travel. The rates can be used to figure the cost of the driving rather than keeping track of your actual car expenses. However, you ...

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