At Woods and Dobinsky, C.P.A.'s, P.C., we feel that an informed client is our best customer.  We know that there is a lot of information on the Internet and it can be tough to determine what is valuable.  That is why we have selected the following article(s) for you to view.

Substantiating Charitable Contributions As we approach year-end, many of us may need to catch up on our charitable contributions for a number of reasons in addition to a tax break. So, let's briefly review the IRS rules on deducting charitable contributions.   Preserving Tax Deductions for Business Travel If a taxpayer's trip is undertaken solely for business reasons, reasonable and necessary travel expenses, including travel fares, lodging, meals, and incidental expenses in getting to and from the destination are generally deductible on federal tax returns (subject to the 50% disallowance for meals and entertainment).   Assisting Grandchildren with College Costs Contributing to a Section 529 college savings program is a great way for grandparents to help their grandchildren pay for college.