Financial News, Tips & More!
Tips on Preventing Tax Identity Theft
The tax season is a stressful enough time without the threat of identity theft. But, sadly, that is a worry we need to take into account during the tax season. Although identity theft can seem pretty ominous, there are a few key things you can do to avoid it altogether. What...
The Benefits of Filing your Taxes Early
What is the purpose of services such as TurboTax if not to procrastinate filing your taxes until the absolute last minute? Well, they also exist for you to be able to optimize your filing time in order to get them in ahead of the crowds. The sooner you file your taxes, the more...
The Do’s and Don’ts of Tax Deductions for Small Businesses
Small business owners often struggle with their taxes when they’re just starting out. There are a lot of laws that you need to educate yourself on, and the last thing you want is an audit from the IRS. The government offers small businesses many tax breaks and...
Health Care Reform and your Taxes
Did you know that the Health Care Reform could affect your taxes? Here are some ways in which your taxes will be affected by the health care reform, especially if you do not have health care. Health Insurance Available to All Under previous legislation, not only was health...
Should My Spouse and I File Jointly or Separately?
If you’re newly married and it’s time to file your taxes, you may ask yourself: Should we file jointly or separately? The best option is... up to you. There are many benefits to filing jointly, and this is usually the best way to go. But there are circumstances in which you may...
The Stranger Side of Taxes
When it comes down to it, taxes have been given a pretty dry reputation, but in reality, their past is pretty interesting. Over the years there have been some pretty crazy taxes, and here are some of the highlights: The Naked Tax—wait… what? That’s right, in Utah there is a...
3 Tax Myths That Could Land You in Hot Water with the IRS
There’s a lot of information floating around about taxes: some of it true, some of it false; some of it beneficial, some of it could land you in prison. Here are 5 tax myths that, if you believe them, could give you a whole lot of trouble. Myth #1: I make too little money to...
Tips for Preparing your 2014 Taxes
Some things in life are simple. However, taxes don’t tend to fall into this category. Tax law is a complicated and difficult jungle of information, which can easily confuse you when you are getting ready to submit your taxes for the new year. Thankfully, there are several...
Filing Taxes 101: Filing for the First Time
If you’re a beginner when it comes to filing taxes, you may be feeling a bit overwhelmed about the whole process. You’re headed down the long road of being a tax payer, and it can be difficult to find your bearings at first. First off, get organized A good way to start is to...
The Benefits of Using a Tax Attorney
There are many things in this world that can be understood with the simple application of time and effort. However, tax law is not one of them. These incredibly complex regulations can be extremely difficult to comprehend and if you are experiencing trouble with the IRS, you...