life changes that change your tax filing

If you have recently gone through any major changes this blog can help you understand what you need to do for your taxes and how it can change the outcome.

life changes that change your tax filing

Tax Tips For Small Business Owners

12 June 2015
 Categories:
, Blog

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 individual or as a part-time business owner. Your accountant can help you find the right balance between your business and personal income taxes to make sure you are receiving the best tax rate possible for both.
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Debt Settlement And Filing Your Taxes

11 June 2015
 Categories: , Blog

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 scrambling to find the money that you owe the IRS. How It Affects Your Taxes
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How Can You Maximize Your After-Tax Income?

10 June 2015
 Categories: , Blog

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 that are taken from your paycheck before FICA taxes are withheld. These taxes fund programs like Medicare and Social Security Disability and retirement benefits, and can take a hefty chunk of your paycheck -- 7.
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Tax Return Tips: The One Path To Reducing A Frivolous Filing Fine

9 June 2015
 Categories: , Blog

Those who file a federal income tax return and make the claim they owe no tax based a very frivolous claim could find themselves in a lot of trouble. Several categories of protest are commonly used by filers in an attempt to evade paying tax. Citing any one of these categories while filing a blank or "zero tax due" return automatically leads to the submission being deemed a frivolous filing. Once a tax return has been judged a frivolous, you could be hit with a significant penalty.
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About Me
life changes that change your tax filing

Last year, I went through several changes in my life that changed a lot of things on my taxes. I got married in January, bought a house in February and had a baby in November, so there were a lot of changes that I wasn't sure how to handle. I decided that this was the year to work with a professional tax preparer to ensure I was going to get as much of a refund as possible. If you have recently gone through any, or all of these changes, my blog can help you understand what you need to do for your taxes and how it can change the outcome.

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