by James Wade | Jan 12, 2017 | Tax Credits, Tax Deductions, Taxpayers
Children are a blessing and a curse (and not the least bit cheap!). It is nice to know that the Internal Revenue Code at least acknowledges your pain and provides some tax benefits to make raising a child more affordable. Now if only the IRS could make it easier to...
by James Wade | Dec 27, 2016 | Charitable Giving, Income Taxes, Tax Deductions, Taxpayers
Give and you shall receive, as the saying goes. If you are considering a year-end gift of money or property to a worthy charity, here are some tips on maximizing your charitable tax deduction: Keep good records! Regardless of the amount of money given, meaning from...
by James Wade | Oct 13, 2015 | Income Taxes, Nondischargeable Debts, Tax Controversies, Taxpayers
In Re Giacchi, on appeal to the District Court E.D. of Pennsylvania Good question. The answer can mean a great deal to a debtor trying to discharge a stale tax debt. Mr. Giacchi, hailing from Pennsylvania, sought out bankruptcy protection to try and discharge several...
