We here at Manna Certified Public Accountants 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. We have selected the following articles for you to use as informational resources. You can select each link to view the full article:
College financial aid basics
After children have submitted their financial aid applications and started receiving award letters from various colleges, it may be difficult to interpret and compare their offers. This article provides information that should be helpful in this regard. It discusses the different types of aid available, including several different kinds of federal student aid. It also looks at options the student has when receiving an offer of aid.
Those who are counting on a federal income tax deduction for donating to a charity should confirm that the charity has been approved by the IRS as a tax-exempt organization eligible to receive deductible contributions. This article offers step-by-step instructions for doing so via the IRS's "Exempt Organizations Select Check" tool.
What you should do with an identity verification letter from the IRS
In its efforts to combat identity theft, the IRS is stopping suspicious tax returns that have indications of being identity theft, but contain a real taxpayer's name and/or Social Security number, and sending out Letter 5071C to request that the taxpayer verify his or her identity. This article explains the procedures that a taxpayer receiving this letter should follow.