A mid-week BUZZ.
* At a new blog to me – the TAX SCHOOL BLOG of the University of Illinois at Urbana-Champaign - Tom O’Saben, EA and Chris Korban, CPA explain "Saving For Retirement Through Backdoor Roths”.
* And the TAX SCHOOL BLOG also reviews “Tax Credits For Higher Education”.
* Good news from Michael Cohn at ACCOUNTING TODAY – “IRS plans to make free tax prep permanent”.
"’The IRS will make Direct File a permanent option to file federal tax returns, and we will work to expand the service and make it available to more taxpayers starting with the next filing season,’ said IRS Commissioner Danny Werfel during a press call Thursday.”
* More disaster relief from the IRS - “West Virginia storm victims qualify for tax relief; various deadlines postponed to Nov. 1” and “Kentucky storm victims qualify for tax relief; various deadlines postponed to Nov. 1”.
* Kay Bell provides “A mini tax primer for students with summer jobs” at DON’T MESS WITH TAXES.
* The IRS website has a “Newlyweds tax checklist”.
Pay special attention to the first item – “Report any name changes to the Social Security Administration. The name on a person's tax return must match what’s on file at the SSA. If it doesn't, it could delay any tax refund.”
TTFN
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