Taxes are unavoidable and their complexities don’t make them any more bearable. So during this tax season, take a little time to learn more about taxes and see how you can improve your tax situation. Our Basics address some of the most common tax topics. Don’t forget to check out the News section for the latest tax stories.
Determining your taxable income and your tax bracket is important because you need to know what to anticipate when it comes time to file your income taxes for the year. You will also need to know wh... Read »
Itemizing your taxes can seem a little scary at first, if you don’t really understand what it means or what you’re doing. There are two options at tax time for reducing your tax liability: you can ... Read »
When considering a new job, it is important to not only consider the salary or hourly rate you are going to make but also the benefits package you will be entitled to as an employee. There are many ... Read »
By taking steps now to reorganize your financial life, you can reduce your tax liability for next year. Many people don't care about tax documentation for most of the year, but it is important to pr... Read »
There are few things in life more disappointing than finishing your income taxes only to discover not only are you not getting a refund – but you owe the IRS. If you owe the IRS more than you can af... Read »
If you employ a tax preparer to handle your taxes each year, it is vital that you know you have hired someone capable of doing a good job. If your tax returns are not accurate or handled appropriate... Read »
There may be situations that arise where you are unable to complete your tax return on time. Rather than ignore the deadline that is set by the Internal Revenue Service and risk severe penalties, yo... Read »
Most people hope to get a tax return, or at least break even, but for many taxpayers – income tax time means owing the IRS. If you didn’t plan for the payment and don’t have access to enough cash to... Read »
The way you spend your money could have consequences when tax season comes around. If you know the ways your specific spending may result in tax consequences, you can make plans that will help you p... Read »
Scammers will try to take advantage of any person in a vulnerable or confused state. That makes tax time an excellent opportunity for crooks who want to take advantage of people who don't fully unde... Read »
All Information is provided 'as is' and solely for informational purposes, not for advice, and may be delayed.
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