Tax Tips

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Tax Tips

12 Ways to Cut Your Taxes

Tweet Fortunately, there are numerous ways that you can ease your tax obligation — we will take a look at 12 of them here. 1. Deductions or itemizing — You

Tax Tips

Common Tax Deductions for the Self-Employed

Tweet While self-employment offers certain advantages, it also means that such individuals handle a variety of tasks including querying for new work, handling the administrative side of the business plus

Tax Tips

Medicare Part B and Durable Medical Equipment

Tweet This program has been around since 1965 and is divided into four parts: A, B, C and D. Medicare Part B is purchasable insurance not covered by Part A,

Tax Tips

Year-End Tax Tips and Strategies

Tweet New taxes are likely to show up over the next few years as America wrestles with its deep debt and as the impact of national healthcare kicks in. To

Tax Tips

6 Important Tax Tips for 2012

Tweet Enjoy your Christmas and New Year’s holidays, but set aside some time now to get your tax planning in order right now. 1. Charitable donations. If you itemize your

Tax Tips

Tax Software: Should You Do It Yourself?

Tweet With the former choice, you can ensure that the person that does your taxes knows what he or she is doing. With the latter, you risk making important mistakes,

Tax Tips

How Charitable Donations Reduce Your Tax Burden

Tweet Charitable donations made to your church, synagogue, mosque or other religious group as well as to the Red Cross, the American Cancer Society and to Goodwill can be declared

Tax Tips

3 Tips for Reducing Your Taxes

Tweet Add these taxes up and you may be spending far more that what you imagine for government services. You can reduce your overall tax burden by employing one or

Tax Tips

IRS: Where’s My Refund?

Tweet Missing tax money and how to get your refund. Refunds are processed in the order that tax returns are received by the IRS, but if a significant amount of

Tax Tips

How to Pay Your Property Taxes Online

Tweet Online payment options for your property taxes. If you’re a homeowner and have an outstanding mortgage, then your property tax is most likely held in escrow with funds taken

Tax Tips

How to Pay Your Quarterly Estimated Taxes

Tweet Estimating and paying your quarterly federal taxes. Local taxes, too, sometimes must be paid, giving self-employed individuals a lot to keep track of during the course of the calendar

Tax Tips

How to Report Restaurant Tax Tips

Tweet One in an occasional series of articles about your taxes. The IRS requires restaurant workers to claim all tip income received. This includes tips you received from charge customers

Tax Tips

4 Tax Preparation Secrets Revealed

Tweet One in an occasional series of articles about your taxes. Come February, that begins to change with 1099 forms in hand and the realization that there is much work

Tax Tips

7 Timely Tax Tips for Realtors

Tweet One in an occasional series of articles about your taxes. 1. Client gifts — You know that vintage California chardonnay you presented to your clients at closing last year?

Tax Tips

Home Office Tax Tips for the Self-Employed

Tweet One in an occasional series of articles about your taxes. Let’s take a look at some of the top deductions for the self-employed individual working from home: Home office