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Tax Chat 2014: Experts tackle AMT, other tax questions

No institution, organization or individual should be exempt

No institution, organization or individual should be exempt from taxes, nor should any donations be tax-deductible. (Credit: iStock)

Are you ready for tax season?

Newsday took readers' tax prep questions to a panel of certified public accountants from the New York State Society of CPAs on Feb. 18 and 19, 2014.

The panel answered readers' questions about personal and business taxes, from the simplest to the most complex issues.

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To access a replay of the chat, visit or scroll down for the full chat transcript

The certified public accountants assisting in the Tax Help live web chat hosted by Newsday can answer general questions, but the answers are not a substitute for individualized advice and guidance from a professional tax adviser who is hired by you and has full knowledge of your specific circumstances or needs. Newsday makes no representations or warranties of any kind as to information given by the Tax Help accountants, and under no circumstances will it or the accountants be liable to any participant or other person for damages of any nature arising in any way from the use of such information.

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