Tax Knowledge

HSA Secrets for Seniors

HSA Secrets for Seniors

Do you have a health savings account (HSA)?

Beware of Tax Refund Offsets

Beware of Tax Refund Offsets

If your tax return shows a refund, you probably expect the IRS will pay that total amount when it processes your tax return. Unfortunately, this is not always the case.

Got IRS Penalties? Know the Rules

Got IRS Penalties? Know the Rules

If the IRS has recently claimed that you owe a penalty for late filing, late payment, or missed employment tax deposits, pause before making any payment. You may not have to pay that penalty at all.

Tax Deductions for Dues and Expenses of Being a Mason or a Lion

Tax Deductions for Dues and Expenses of Being a Mason or a Lion

Based on IRS regulations, club dues are generally not deductible if the organization’s principal purpose is to conduct entertainment activities for its members.

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