Are you planning to give sizeable gifts to family members? Due to generous provisions in the tax code, you may not owe any federal gift tax, but you still might be required to a file a gift tax return.
On February 10, 2014, the Treasury Department issued rules that will allow certain businesses to delay for one more year the requirement to provide minimum, affordable health insurance to their workers.
Retirement accounts grow tax-deferred until you need the funds. However, in most cases your money cannot remain in these accounts forever.
As part of gathering the information youâ€™ll need to file your 2013 tax return, take a little extra time to review your current financial situation