14 Helpful Tax Season Articles

This Special Tax Season edition of our newsletter contains a list of many articles written by BNN professionals and other tips that are specific to tax season. We are assembling another edition of the BNN Briefing to be released in just a few weeks that will deliver all-new content. In the meantime, we hope you find the tips below helpful as the April 15 deadline rapidly approaches.

Homeowners

Deducting home office costs Is the sale of my home taxable? Casualty losses – deducting costs of damage to your property Generosity

Contributions to charity - a cancelled check is not sufficient documentation Noncash donations to charity – when is an appraisal needed? Gifts to family & friends – how to document non-reportable gifts Families

(kids are expensive but they generate tax breaks!) "Kiddie Tax" rules - your child's income may be taxed at YOUR rates! Tax breaks for education costs – general rules Tax breaks for education costs – more details and planning tips for two credits Deadlines

Extensions are common – do not fear them! Many filing deadlines have changed – effective this year. Other

How long do I keep my tax records? How do I notify the IRS of my address change? Hobby loss expenses vs. true business deductions Tax Snacks

In this volume of tax snacks:

Dates to Remember

Note: The filing deadlines for several...