Maximize deductions, stay tax compliant, and file with confidence. This section covers personal and business tax tips, IRS changes, and strategies to lower your taxable income and keep more of what you earn.
Most people agree that it feels better to receive a tax refund than it is to owe additional money to the IRS. Even it means you’re loaning the government money for a brief period of time, it feels better to get cash back than to send a check along with your final return. If you … Read more
With tax season on its way, now is the time to start thinking about your final return. For many, this leads to one very important question: will you file your own return or hire a CPA? For some, the thought of hiring a CPA is out of the question. They believe this is too expensive. … Read more
When tax season rolls around, it is time to start thinking about your final return. It doesn’t matter if you are filing your own return or hiring a tax professional to do the work for you, there are mistakes you want to avoid at all costs. Here are three tax filing mistakes that many others … Read more
With tax season in full swing, there is a good chance you have already contacted your CPA about filing your final return. If you haven’t, you will (or should) be doing so in the near future. Here are several of the best questions to ask your CPA during tax season: What has changed from last … Read more
With the April 15 tax filing deadline bearing down on you, there is no better time than now to get organized. If you don’t, you could find yourself up against the deadline, rushing around and hoping for the best. If worst comes to worst, you can always file a tax extension with the IRS. This … Read more
Regardless of why you are searching for a CPA, nothing changes the fact that you want to find the right person this time around. The last thing you want is to be faced with this same challenge again in the future. Choosing a CPA you can trust is easier said than done. There are a … Read more
With the end of 2014 closing in like a freight train, there is no better time than now to start planning for next year. While your final tax returns may not be due until April 2015, the sooner you get organized the better off you will be. Here are three end of the year tax … Read more
Your rights as taxpayer may not always be clear or easy to find answers to, but that should change with the newly released Taxpayer Bill of Rights that was announced on Tuesday by the IRS. Publication 1, “Your Rights as a Taxpayer” has been redesigned with the 10 rights and will be sent to millions … Read more
Are you expecting a refund check from the IRS? How about your state or local taxing authority? If you have money coming back to you in the near future, there is no better time than now to devise a strategy on how you will use the funds. While some people blow through the money, purchasing … Read more
If you haven’t already done so, today’s the day to file your return and pay your 2013 taxes. If you need more time to complete your return, you can submit IRS Form 4868 to request a six-month extension. Taxpayers don’t need a special reason for an extension; they are granted to anyone who needs more … Read more
