All Things Taxes

Tax tips and tax alerts from JK Harris

For Many Small Businesses, Fall Filing Deadline Looms for Special Refund Claims

JK Harris | September 1, 2009

WASHINGTON — Time is running out for many small businesses wishing to take advantage of the expanded business loss carryback option included in this year’s recovery law, the Internal Revenue Service said today. Eligible individuals have until Oct. 15 to choose this expanded carryback option. Eligible calendar-year corporations have until Sept. 15.
This carryback provision offers [...]

Ten Tips for Taxpayers Making Charitable Donations

JK Harris | September 1, 2009

Summertime Tax Tip 2009-21
Every year, millions of taxpayers itemize their deductions on their federal tax return. One of the most common itemized deductions is a donation made to a charitable organization.
Here are the top ten things the IRS wants every taxpayer to know before deducting charitable donations.
1.  Charitable contributions must be made to qualified organizations [...]