NEW IRS Tax Relief Donation Law!

Holiday giving can be a great way to help those in need this time of year, and you also may be able to receive tax benefits. Recently, the IRS announced a new special leave-based donation program to encourage taxpayers to help victims of the recent hurricanes. 

TurboTax ItsDeductible can help you easily track your charitable donations and your mileage from volunteering and then your information can transfer to your taxes at tax-time.

Check out the TurboTax Blog for more information on how charitable contributions may save you money on your taxes!

Tax Benefits Available for Victims of Natural Disaster

If you were a victim of the recent hurricanes and wildfires the IRS is giving victims tax relief in the form of extended tax deadlines and other additional relief, like eased casualty loss rules and eased access to retirement funds. If you were affected by other disasters this year and live in counties designated as federal disaster areas, you may qualify for additional tax relief. 

Find out more about tax relief for victims of natural disaster - check out the TurboTax Blog.

IRS Gives Tax Relief to Victims of Hurricane Harvey and Hurricane Irma

Following the recent destruction caused by Hurricane Harvey and Hurricane Irma, the IRS has announced tax relief for victims of Hurricane Harvey in parts of Texas and victims of Hurricane Irma in parts of Florida, Puerto Rico and the Virgin Islands. Learn more at the TurboTax Blog.