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Four Tax Tips Regarding Tip Income

[-- Read Time: < 1 min --] If your pay from work involves compensation through tips, then the IRS would like you to be aware of a few facts about tip income. Here are four key points to keep in mind: Tips are taxable Tips are subject to federal income, Social...

Nine Tips for Charitable Taxpayers

[-- Read Time: 2 mins --] If you make a donation to a charity this year, you may be able to take a deduction for it on your 2011 tax return. Here are the top nine things the IRS wants every taxpayer to know before deducting charitable donations. Make sure the...