Legacy Tax & Resolution Services

Category: Tax Central

Charitable Tax Deduction Peculiarities

Article Highlights: Charity Auctions  Use of an Asset  Charity Volunteer  Away-From-Home Travel Expenses  Entertainment  Vehicle Use  Uniforms  Vehicle Donations  Valuing Non-cash Contributions  Documentation  Charitable contributions

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Foreign Income and Tax Reporting Issues

Article Highlights: Non-Resident Alien Spouse  Foreign Rentals  Foreign Pensions  Foreign Income Exclusion  FBAR  Statement of Specified Foreign Financial Assets  Credit of Foreign Tax Paid  Canadian

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Are Damage Awards Taxable?

Article Highlights: Physical Injury  Wrongful Death  Emotional Distress  Employment Discrimination  Sexual Harassment  Human Trafficking Restitution  Wrongful Incarceration  Damages Related to Business Interests  Legal Expenses  Frequent

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Working Abroad Has Huge U.S. Tax Benefits

Article Highlights: Tax-Free Income from Working Abroad  Foreign Earned Income and Housing Exclusions  Foreign Self-Employment Income  Claiming or Revoking the Exclusion  U.S. citizens and resident

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Happy Birthdays from the IRS

Article Highlights: Special Tax Birthdays  Birth of a Childo Qualifying Childo Child Tax Credito Child Care Credit Earned Income Credit  Qualifying Relative  U.S. Savings Bonds

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