The first step when it comes to filing your federal tax return is going to be deciding just how you’re going to file. The first major question you’ll need to ask yourself is “Should...
Hello everyone, this is Book 2 Tax here explain how to minimize your income tax losses this year. Virtually no one wants to be subject to more taxes, but do you understand the...
North Carolina income taxes differ slightly from the income taxes of the surrounding states. For instance, North Carolina used to allow taxpayers to take all the itemized...
Many of us know that taxes vary from state to state and the deductions for each state vary as well. Not only does the state account for the cost of living, but it also accounts for...
Now that we’re in the current tax season, you may be wondering how to save money on the returns you file. It isn’t the easiest process, especially since the material distributed...
Americans gave $520.23 billion in charity in 2015, equivalent to 3% of the U.S. GDP (gross domestic product). The majority of that charity, $418 billion, came from the individuals...
With so many options available now, it’s often unknown or misunderstood why one hires a CPA for tax preparation. Hiring a CPA can save you time and money, and is the right...
If you have accidentally misreported or withheld information on your tax return, there is no need to panic. The process for changing or adding information is called filing an...
With marriage, one not only gains a new partner in life, but also a new set of circumstances in terms of their tax liability going forward. For married couples during tax season, their...