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As part of ongoing efforts to protect taxpayers, the IRS recently issued warnings about a scam centered on fraudulent tax deductions for art donations. Promoters of this scheme persuade taxpayers to buy works of art ...
A divorce or legal separation may affect a person's taxes in multiple ways, starting with a change in tax filing status. Married taxpayers typically file using either married filing jointly (MFJ) or married filing separately ...
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Employees Who Work for Tips - If you received $20 or more in tips during October, you must report them to your employer (employees are required to keep a daily record of tips). All tips ...