Tag "tax tips"
Tax Deferral: What Does It Mean and How It Works
There are different investment terms people should know, and one of them is tax deferral. This concept can significantly impact your financial planning and wealth accumulation strategies.
Time To Have Your Taxes Done? Here’s What You Need to Know
It’s that time of year that we all dread. Tax time. Every year it feels like it couldn’t have come at a worse time. Here’s a list of what to know when planning to have your taxes done.
Tax Time: Under the Deadline
Your taxes are done and filed, right? Oh, if only that were true!
Guide to Filing Taxes as Newlyweds
Well, the honeymoon is over and now you have to deal with your first tax season as a married couple. However, there is a silver lining to this end to your marital euphoria because there are several benefits to filing as a married couple.
Tax Tips for the Year Ahead
Tax season means looking back, specifically at the calendar year just ended. That makes sense as you have only until April 15 to get your taxes in order, prepared and sent off to the IRS and to your state’s taxing authority.
5 Year End Tax Tips for Smart Taxpayers
Your mind is on Christmas and that is perfect place of reflection at this time of the year. But you must be careful not to forget that New Year’s Day will loom soon after and the tax implications associated with it.
Your Year End Business Check Up
With just weeks left in the year, businesses will soon close the books on another business year. But before the calendar flips over, you’ll want to ensure that several matters including tax issues are addressed well before then.
How to Claim the Business Use of Your Personal Car
Your boss has you using your personal vehicle to meet with clients, an occasional requirement that has you wondering how you will recoup your costs. If you are fortunate, your company pays your expenses, but if you work for a small company, you may have to eat those costs yourself.
Tax Deadlines: Are You Meeting Them?
By early February, you should be well on your way to having your federal and state income tax forms organized and ready for your tax accountant. If you re particularly brave, and especially if you possess a solid tax software program, then you will handle the work yourself.
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,
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
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
Why Year-End Giving Should Be Maximized
Tweet Reduce your tax burden by taking action now. Certainly, if you’ve been faithfully donating to your church, to a civic group or other organization, you’re likely to continue to
Last Minute Tax Tips & Strategies
Tweet Tax day has been moved to April 18 this year, giving taxpayers a few extra days to work on their returns in hopes that they can reduce their tax
Tips for Maximizing Your Schedule A Tax Deductions
Every American has an obligation to pay his or her share of income taxes, but there is no need to overpay!
