IRS Guide

Back to School Tips for Students and Parents Paying College Expenses

Issue Number: IRS Summertime Tax Tip 2011-18

Whether you’re a recent graduate going to college for the first time or a returning student, it will soon be time to get to campus – and payment deadlines for tuition and other fees are not far behind. The Internal Revenue Service reminds students or parents paying such expenses to keep receipts and to be aware of some tax benefits that can help offset college costs.

Typically, these benefits apply to you, your spouse or a dependent for whom you claim an exemption on your tax return.

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Tax Tips for Individuals Selling Their Home

Issue Number: IRS Summertime Tax Tip 2011-15

The Internal Revenue Service has some important information to share with individuals who have sold or are about to sell their home.

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Seven Tax Tips for Job Seekers

Issue Number: IRS Summertime Tax Tip 2011-11

Many taxpayers spend time during the summer months updating their résumé and attending career fairs. The Internal Revenue Service reminds job seekers that you may be able to deduct some of the expenses on your tax return.

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IRS Announces 2011 Standard Mileage Rates

Issue Number: IR-2010-119

WASHINGTON — The Internal Revenue Service today issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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Employee vs. Independent Contractor – Ten Tips for Business Owners

Issue Number: Summertime Tax Tip 2009-20

If you are a small business owner, whether you hire people as independent contractors or as employees will impact how much taxes you pay and the amount of taxes you withhold from their paychecks. Additionally, it will affect how much additional cost your business must bear, what documents and information they must provide to you, and what tax documents you must give to them.

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