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Important Facts about Mortgage Debt Forgiveness
If your lender cancelled or forgave your mortgage debt, you generally have to pay tax on that amount. But there are exceptions to this rule for some homeowners who had mortgage debt forgiven in … [Read More...]
Free Tax Filing
Yes, It's true, FREE Filing All taxpayers have a fast, safe and free option when it comes to preparing their own federal taxes. It’s called Free File, and it’s available only at IRS.gov. Free … [Read More...]
Deadline Extended for Tax-Exempt Organizations
According to Leroy Baker of Tax-News.com in New York, the US Internal Revenue Service (IRS) has announced that certain tax-exempt organizations will have extra time in which to file their annual … [Read More...]