Pennsylvania Department of Revenue recently announced a tax amnesty program for tax years ending 2015 and before. The program will allow delinquent taxpayers to pay tax between April 17, 2017, and June 19, 2017, without penalty and only 1/2 of the interest charges. More than 30 taxes administered by the PA DOR are eligible for […]
Frequent revisions in tax laws can make planning tough. Fortunately, a law passed late in 2015 changed some popular tax provisions from temporary to permanent. One is the American Opportunity Tax Credit, which provides a dollar-for-dollar credit of some qualified tuition and related expenses. Another is a deduction for college tuition. The rule that allows […]
Many people make donations to charities whose work they support, but if you are planning to take a tax deduction for your gift, you must have the proper paperwork. Assembling the right documentation can also be tricky because the requirements vary based on whether the donation is cash and on the value of your gift. […]
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