tax preparation

8 commonly overlooked tax deductions

If you keep good records, deductions can be a great way to reduce your taxable income. Increasing your allowable deductions means the less tax you...

IRS Raises the Bar for Tax Preparers

Each year, the IRS estimates that 900,000 to 1.2 million people prepare tax returns for a fee. But preparers don't have to be registered, there's no national competency test, and regulation of the industry has been lax. That's about to change.