Life Changes That Change Your Tax Filing

What To Do When You Are Delinquent On Your Property Taxes

Whatever the reason for falling behind, finding out that you are delinquent on your property taxes can be a nerve-wracking experience. Among other things, the taxing authority that you owe money to can take away your home. Just because your home is at risk does not mean that you will have an easier time of […]

Filing Your Taxes For The First Time: Tips For You

When you reach early adulthood and need to file your own taxes for the first time in your life, the whole process can seem overwhelming and even frightening. However, it does not have to be. Get to know a little bit more about the tax filing process and the factors that you will need to […]

A Small Business Owner’s Guide To Hiring A Tax Professional

Taking the time to hire a tax professional for your small business is vital, as getting tax assistant can translate into having more money to put back into your business. Ideally, a small business owner should establish a long-term relationship with a tax professional. This way you have one tax expert who can learn everything […]

How To Stop An IRS Wage Garnishment

If an overdue tax balance remains unresolved for long enough, the IRS has the authority to issue a levy to collect the tax. Tax filers who have received an IRS wage garnishment at their place of employment may be able to obtain a release of the levy. The first step in responding to a wage […]

Federal Deposit Requirements for Withheld Payroll Taxes

Employers who withhold federal income taxes from the pay of employees must remit those amounts to the US Treasury in a timely manner. The timetable for the payment of withheld taxes largely depends on how quickly the funds accumulate. Employers can benefit from the expertise of a payroll service by ensuring that tax withholding is […]

What Tax Deductions May You Be Missing?

As the cost of nearly everything — including food, fuel, and other necessities — continues to rise faster than many Americans’ paychecks, it’s important to cut costs wherever possible. One of the most pain-free ways to free up some extra income is to lower your tax bill by taking advantage of some deductions you may […]

How Disability Income Is Reported On Income Tax Returns

The purpose of disability insurance is to provide a continuing source of income to a disabled worker. Although the replacement income is typically less than the earlier earned wages, it is sometimes completely nontaxable. In other situations where it is taxable, there is a possibility to utilize the payments to qualify for the earned income […]

Tax Tips For Small Business Owners

As a small business owner, it is important to have an accountant who can help you make the most of your tax situation from your personal income taxes to your business taxes. If you work as an independent contractor, or operate a business part-time, you will still need to file your income as a self-employed […]

Debt Settlement And Filing Your Taxes

If you find yourself in a lot of debt, you may be considering debt settlement or bankruptcy. Before you do this, you need to understand how this will affect your taxes overall. It may help to speak to an accountant before you make this decision, so that you can plan and do not end up […]

How Can You Maximize Your After-Tax Income?

If you’re like most Americans, you’re always looking for ways to hand over less of your hard-earned income to Uncle Sam each April. Although contributing to pre-tax retirement accounts and college savings accounts can save you money, one of the quickest and simplest ways to increase your post-tax income is to take advantage of deductions […]

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