Throw Out in St Petersburg Florida

Too Much Paperwork? What You Can Throw Out After Filing

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Maybe it’s a good thing that the April 15th federal tax deadline coincides with the urge to spring clean. It feels good to throw out some of the financial records stuffing your filing cabinets. But before you head for the dumpster, make sure you’re not disposing of...
Charitable Contributions in St Petersburg Florida

Do You Keep Adequate Records for Charitable Contributions?

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The IRS rules for substantiating deductions for charitable contributions are strict. The taxpayers in a recent U.S. Tax Court case found this out the hard way when the court denied their deduction of more than $37,000 for numerous noncash items donated to various charities. To...