Paying your taxes is a challenging time for many people. They struggle with the daunting tasks of sorting out receipts, contributions, and their tax statements. Tax time can be even more … [Read more...] about Why Now Is The Time To Start Preparing Your Taxes
In 2016, the average tax return was $2,860. Most people would never consider a large tax return to be a con. It’s certainly better than having to pay the taxman a huge chunk of change, but t … [Read more...] about Pros And Cons Of Getting A Big Tax Refund
A lot of filers who don't itemize have already filed their taxes, and if they're expecting a refund on their tax dollars, they're probably waiting expectantly to see how much they'll be getting … [Read more...] about Where Can I Check My State Income Tax Return Refund Status?
In this tough economy, a lot of people are looking for jobs, or for one reason or another have just quit their job. If you've spent some time and effort -- and money -- on your job search this year, … [Read more...] about Looking For A Job? Don’t Forget The Tax Deductions!
My tax preparer is a life saver. Ever since I formed my LLC and began investing, my taxes have been a bit on the complex side. As a result, an accountant prepares my tax returns each year (one for the … [Read more...] about Can You Trust Your Tax Preparer?
Being self-employed gives you the opportunity to work for yourself and control your income. But if you’ve always worked as an employee, becoming an independent contractor or business owner changes the … [Read more...] about What To Know About the Taxes Of The Self-Employed
When Tax Day rolls around, those who owe taxes are often a little disgruntled. But, if you have a home business, you need to be extra careful if you owe. Don't forget that you actually have two tax … [Read more...] about Home Business And Taxes: Doubling Up On Tax Day
For years, my husband and I just took the standard tax deduction, and were happy with it. After all, that deduction is fairly hefty. Then, my home business started making money (and our contributions … [Read more...] about Should You Itemize Your Tax Deductions?
Tax time is quickly coming upon us as we move into the new year. A lot of people actually look forward to tax time because they plan on getting a big refund around this time -and it's often used as a … [Read more...] about Tax Preparation Checklist: All The Things You’ll Need At Tax Time
Everyone seems rather focused on the deficit right now. This isn't surprising, considering the fact that we have a serious budget crisis brewing in the U.S. However, a lot of the plans to "fix" the … [Read more...] about What’s Next For Employer-Sponsored, Tax-Advantaged Retirement Accounts?
Last year around this time we were in the middle of tax bracket drama as our elected officials in Washington D.C. were fighting over whether they would be extending the Bush tax cuts of the early … [Read more...] about 2012 Federal Income Tax Brackets: Official IRS Marginal Tax Rates
Although the U.S. government's ability to function is heavily dependent upon tax revenue, taxpayers are not completely forgotten about. In fact, the government offers taxpayers breaks for taking … [Read more...] about Lower Your 2011 Tax Bill by Going Green With Home Energy Tax Credits