Author Archives: FCA Admin

Top Ten Tax Facts if You Sell Your Home

Issue Number:    IRS Summertime Tax Tip 2014-08 Inside This Issue Do you know that if you sell your home and make a profit, the gain may not be taxable? That’s just one key tax rule that you should know. Here are … Continue reading

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New IRS Tumblr Site Helps with Tax Season

Issue Number:    Special Edition Tax Tip 2013-04 Inside This Issue Tax issues can touch a wide range of people who need information in many different ways. For that reason, the IRS has added Tumblr to its list of social media platforms … Continue reading

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Missing Your W-2? Here’s What to Do

Inside This Issue It’s a good idea to have all your tax documents together before preparing your 2012 tax return. You will need your W-2, Wage and Tax Statement, which employers should send by the end of January. Give it … Continue reading

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Automated IRS System Helps College-Bound Students with Financial Aid Application Process

Issue Number:    Special Edition Tax Tip 2012-12 Inside This Issue College-bound students and their parents sometimes face last minute requests to complete or provide additional information for financial aid applications. The Internal Revenue wants to help by minimizing time spent on … Continue reading

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Tax Help ‘en Español’

Issue Number:    IRS Tax Tip 2013-14 Inside This Issue Tax information can be tough to understand in any language. It may be more difficult to understand if it is not in your first language. The IRS offers a wide range of … Continue reading

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Get Ready…Get Set…SaveUp.com!

Are you ready for a new financial revolution?  If so, then SaveUp is for you. Save up is a new rewards program. Best of all, the goal of SaveUp is to encourage financial literacy and financial independence. So how does … Continue reading

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A Summer Adjustment Can Prevent a Tax-Time Surprise

Issue Number:    IRS Summertime Tax Tip 2014-10 Inside This Issue   When it comes to filing a federal tax return, many people discover that they either get a larger refund or owe more tax than they expected. But this … Continue reading

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The Return of Layaway

Do you remember when your mom would put that big purchase on layaway?  It seems like it was so long ago.  Not anymore.  In these tough economic times, many retailers are offering layaway as an option for many of their … Continue reading

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Personal calls on business cell phones. Is it time to pay up?

The IRS is looking to revamp a 2o year old law regarding employee use of company cell phones.  The law requires employers to track the amount of time employees spend on personal calls.  This is considered benefit income and can … Continue reading

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Four Tax Tips about Your Unemployment Benefits

Issue Number:    IRS Tax Tip 2013-26 Inside This Issue If you received unemployment benefits this year, you must report the payments on your federal income tax return. Here are four tips from the IRS about unemployment benefits. 1. You must include all … Continue reading

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