‘Use-or-lose’ rule changing for Flexible Spending Accounts

Posted on 19. Nov, 2013 by in 2013 Taxes, Tax

The U.S. Treasury Department relaxed the use-it-or-lose-it rule, allowing flexible spending account holders to carryover up to $500 in unused funds into the next year.

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IRS: Same sex marriage recognition

Posted on 14. Nov, 2013 by in 2013 Taxes, Tax, Tax Reminders

Same sex marriages are recognized by the IRS. This article contains some excellent information in this regard. Please note that, generally, you can go back 3 years to file an amended 1040. This may be advantageous to those who wish to go back and file as “married filing jointly”. Treasury and IRS Announce That All […]

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Annual electronic filing requirements for small exempt organizations

Posted on 12. Nov, 2013 by in 2013 Taxes, Tax, Tax Reminders

What small exempt organizations need to do to file a 990-N postcard filing.

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IRS to delay start of tax season due to shutdown

Posted on 23. Oct, 2013 by in 2013 Taxes

Due to the government shutdown, the IRS has postponed the start of the tax filing season.

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