Category: Legal & Taxes
Top 10 Helpful Features on the IRS Website
Navigate your way through the tax season online and skip waiting in line. All you need is a computer and Internet access because the IRS website has a wealth of free information and online tax support.
Helpful Tax Tips for the Self-Employed
There are many benefits that come from being your own boss. If you work for yourself, as an independent contractor, or you carry on a trade or business as a sole proprietor, you are generally considered to be self-employed.
Uncle Sam Wants You to Save for Retirement
You may be able to reduce your federal income taxes when you save for retirement through a qualified retirement plan or an individual retirement account (IRA).
Changes that Impact Your Tax Return this Year
Three out of four taxpayers received a refund from Uncle Sam last year, averaging $2,805. This year’s amount should be about the same, thanks to a few major tax law changes expiring or added during 2011.
Tips for Eliminating Errors & Stress at Tax Time
It’s almost tax time. Whether you love it or dread it, there are ways to make doing your taxes easy and painless.
Helpful Tips for Year-End Tax Savings
The last several weeks of the year are typically packed with holiday events and tasks. This year, consider setting aside a little time for taxes. Taking just a few simple steps by December 31 could save you hundreds of tax dollars.
To start, estimate your federal and state taxes using a tax preparation solution. Companies make [...]
Are you Paying too Much in Taxes? Consider the Right to Apportion
Apportioning income often presents taxpayers with the ability to lower their state income tax burden.
Closing a Job-Limiting Tax Loophole
Congress is currently considering a change in tax regulations that would support local businesses and create more jobs for people in the community.
The Problem
Technology seems to have gotten ahead of the country’s sales tax laws. Internet retailers say they’re exempt from collecting sales tax in states where they do not have a physical presence; states [...]
Tips for Claiming a Larger Tax Refund
Your everyday activities could amount to big savings on next year’s tax return. Although your federal tax return isn’t due until April 17, 2012, you should do two things now.
First, take a few minutes to learn what tax credits and deductions exist. The Internal Revenue Service has surprisingly easy-to-understand information on its website at www.irs.gov. [...]
Last Minute Tax Tips: Record Keeping & Amended Returns
Tax day has arrived! Whether you are ready to file away your paperwork, or file an amended return, following are some tips you may find helpful.
Facts You Should Know About the Tax Relief Act of 2010
Consider these immediate action steps that may help you to better position yourself from a financial and retirement planning perspective.
Preparation Prevents Small Business Tax Traps
Ensuring you don’t fall victim to tax traps will help you avoid hefty Internal Revenue Service fines, whether you’re just starting out or running your business day-to-day.
5 Tax Tips to Save You Money
According to the IRS, more than 80 percent of American households pay a tax preparer or use tax software to prepare and file their taxes. This season, you might qualify to take advantage of free alternatives.
IRS e-file Launches Today – Taxpayers May File Immediately
The Internal Revenue Service opened its 21st season of electronic filing today with a reminder to taxpayers that e-file remains the best way to get fast refunds and ensure accurate tax returns, particularly following several tax law changes in December.
5 Tips to Avoid an IRS Audit
DC tax attorney Edward Gonzalez offers tips to help you avoid getting caught in the taxman’s web.
8 Savvy Tax Tips to Save You Time & Money
When all the holiday dust settles, tax time begins for millions of Americans. Regardless of when you file, follow these tips to make preparing your 2010 taxes easier.
5 Ways New Small Business Legislation Can Help You
If you’ve been dreaming of opening your own business, following that dream into 2011 will allow you to capitalize on these new opportunities. Many of these legislative acts have an expiration date, while some offer advantages many years into the future.
