Taxes

What to Do With Your Tax Refund

What to Do With Your Tax Refund

So you’re getting a refund. And you’re imagining how you’ll celebrate: Fund your next vacation, maybe? Or buy a new spring wardrobe?

While it’s certainly okay to treat yourself, it’s…

How to Fix a Tax Mistake

How to Fix a Tax Mistake

Do you ever wonder if you’re really filing your tax return correctly? Do you worry about a possible audit by the IRS? If so, you’re not alone.

Sometimes tax returns do end in difficulties. Maybe you checked the…

What You Need Before You File Your Taxes

What You Need Before You File Your Taxes

Whether you love filing your taxes or push it off as long as possible in fear of what you might find, tax preparation is non-negotiable. Doing all the work yourself, however, is.

If you opt to see a tax…

What Forms Do You Need for Your Taxes?

What Forms Do You Need for Your Taxes?

Confused about what you need to file your taxes? We've got you covered:

Gather These Documents

• Last year’s tax return: To file your tax return, the tax accountant will need some important documents. If…

What Is the Alternative Minimum Tax?

What Is the Alternative Minimum Tax?

What is the alternative minimum tax, and how do I know if I owe it?

The alternative minimum tax, or AMT, is an income tax levied by the U.S. government on certain individuals, corporations, estates and trusts and was…

Tax saving strategies for 2013

Tax saving strategies for 2013

With the end of the year quickly approaching, you are probably focused on finalizing travel plans and squeezing in last-minute holiday shopping. There’s a good chance that the last thing on your mind is tax planning. However…

Inflation Translation

Inflation Translation

Remember when a slice of pizza was $1 or a cup of coffee was 50 cents? (If that was before your time, bear with us.) These days, depending on where you live, a slice is about $2 and a cup…

Tax Facts for the Jobless

Tax Facts for the Jobless

If you were unemployed in 2012, or if you’re still out of work, make sure you know your tax facts—many Americans don’t. Did you know…    …that unemployment benefits are taxable? If…

Benefits of a Ready-to-Own Business

Benefits of a Ready-to-Own Business

There’s a reason that women make up more than 25% of franchise business owners. Buying a franchise is like starting your own company, but with less hassle. You’re working with an existing business model, using an…

What the Fiscal Cliff Really Is

What the Fiscal Cliff Really Is

The term: “Fiscal cliff” sounds dire, but it describes a combination of old tax breaks expiring, new tax increases and federal cutbacks that all take effect by January, 2013.
President Obama or Governor Romney can’t steer…

Repent at Tax Time for a Year of Spending Sins

Repent at Tax Time for a Year of Spending Sins

Every year at this time, because of the inevitable confluence of Easter and tax day, my inner Catholic gets resurrected, big time.
This year’s guilty, post-itemizing revelation: What the hell happened to our budget…

An Easy Paycheck Fix for 2012

An Easy Paycheck Fix for 2012

If your tax refund (or bill) wasn’t quite what you expected, the problem could be that you claimed the wrong number of allowances on your W-4.
Tax expert and CPA Kasey Pittman offers some guidelines on claiming…

Do a Little Math for Your Biggest Refund

Do a Little Math for Your Biggest Refund

Everyone wants to save money on their tax bill. But nearly two-thirds of taxpayers never itemize their deductions—a move that could add up to giving the government free money.
If your itemized deductions are more than the…

Why AMT is Still on the Table

Why AMT is Still on the Table

Want to avoid the Alternative Minimum Tax? We don’t blame you. 
Alas, we Googled around, interviewed experts, and learned… there ain’t nothin’ you can do about it.
The AMT is a “parallel…

Tax Tips from a Pro

Tax Tips from a Pro

Getting a fat refund check from the IRS can feel like winning the lottery—but luck has nothing to do with preparing your tax return.
To help you make the most of your deductions this year, here are some…