Are You and Your Mate Financially Compatible? Virginia CPAs Offer Tips!
You like the same movies and you finish each other's sentences, but where do you and your significant other stand on important financial issues? Whether you’re walking down the aisle or...
Tax Advantages of Home Ownership
If you own your own home, there are some significant tax advantages that can make the prospect more affordable. As a result of the uncertain economy, the federal government has also recently extended...
Virginia Taxpayers File with Different Processing Center this Year
The Internal Revenue Service (IRS) announced on January 29, 2010, that some taxpayers who file paper income tax returns will send them to different processing centers this year.
IRS...
Tax Provisions to Lower Your Tax Bill
Provisions in existing tax laws can help you maximize the savings on your 2009 tax return. Here are a few ways to reduce your tax liability.
Investors
- Investments sold at a loss in 2009 can be used
What the COBRA Subsidy Extension Means To You
Those who have been laid off in the troubled economic climate clearly face many challenges, such as paying their bills and finding new employment. If you are out of work, maintaining your health...
10 Things You Should Know About the Making Work Pay Tax Credit
Many working taxpayers are eligible for the Making Work Pay Tax Credit, a provision created by the American Recovery and Reinvestment Act in early 2009. Here are 10 things the Internal Revenue...
Tax Season 2010: CPAs Offer Free Tax Help to Virginians
Got filing questions about your 2009 federal and Virginia state taxes? Need help determining tax implications due to the recent economic crisis or a life change? It’s tax time again, and the...
Haiti Relief Donations Qualify for Immediate Tax Relief
Video
Haiti Earthquake Donations: English
For this and other videos: YouTube/IRSVideos
People who give to charities providing earthquake relief in Haiti can claim these donations on the tax...
10 Facts About Claiming Donations Made to Haiti
If you are donating to charities providing earthquake relief in Haiti, you may be able to claim those donations on your 2009 tax return. Here are 10 important facts the Internal Revenue Service ...
Important Topics for Taxpayers with Tots & Teens
Got kids? They may have an impact on your tax situation. Listed below are the top 10 things the Internal Revenue Service (IRS) wants you to consider if you have children.
1. Dependents – In...
Tips for Avoiding Bank Fees
Have you ever been hit by a hefty charge for accidentally withdrawing more money than is in your checking account? These fees can be quite high, so the Virginia Society of CPAs advises that you...
A Clean Slate for the New Year
With the start of a new year comes the chance to leave behind any bad money habits from 2009 and start fresh with your financial goals. One of the most important things you can do to jumpstart the New...
COBRA Premium Subsidy Program Extended
On December 19, 2009, President Obama signed into law the Department of Defense Appropriations Act, 2010, which extends the 65 percent COBRA premium subsidy to February 28, 2010.
The American Recovery...
To Borrow or Not to Borrow?
People use debt to finance any number of purchases, and borrowing money for a worthwhile purchase is not always a bad idea. However, some buys are worth financing over time and others are not. The...
Haiti Earthquake Donation Tips
In light of the recent earthquake in Haiti, many Americans would like to donate money to disaster relief. However, in good times or bad, it’s important to know that the money you are giving to a...
Roanoke CPAs Offer Free Tax Help on January 26
It’s tax season again! The Virginia Society of Certified Public Accountants (VSCPA) is pleased to offer a special event to provide free tax help to Roanoke-area taxpayers this year. The...
Study of Financial Picture Reveals Struggles, Risky Habits
A study examining personal financial habits shows many Americans are struggling to cover their mortgage and other monthly bills, don’t have rainy day funds, and have yet to do the math on how...
IRS Offers 10 Tax Time Tips
While the tax filing deadline is more than three months away, it always seems to be here before you know it. Here are the top 10 tips from the Internal Revenue Service (IRS) that will help your...
Safe Online Banking Tips
Many people enjoy the convenience of doing all their banking over the Internet, but some consumers worry about the safety of their online transactions. The Virginia Society of CPAs recommends...
Avoid Overdraft Fees
Did you know the median overdraft fee on a checking account is $26? Here are steps to take to avoid this penalty:
1. Don't trust your "Available Balance." Many financial institutions engage in a...

