For some people, filing their taxes is like playing the lottery. They often do not understand the taxing process (no one understands it completely), but they assume that they...
Posted by Allan J Rolnick, CPA, CTC on 01/21/2016
As your family grows, there are also options to assist you in saving on your taxes and contributing to your family’s financial future. One of the main ways to save is through exemptions....
Posted by James Wells EA MBA Tax Office on 01/21/2016
Paying tax can be painful, but have you considered that your tax-filing status could make a big difference in your tax bill? The amount you ultimately pay as tax is largely dependent...
Posted by Shannel Reed on 01/13/2016
Tax deductions are popularly known to diminish your taxable earnings. Lesser earnings mean that you incur a small tax bill. But, the main confusion here, for many taxpayers is...
Posted by Allan J Rolnick, CPA, CTC on 01/13/2016
During tax season, you’ll often hear phrases brought up in conversation that you’re not familiar with. Two of the most common and essential terms that you should...
Posted by Allan J Rolnick, CPA, CTC on 01/13/2016
If you think that Halloween is scary, wait till you see what is going to be required for your 2014 income tax preparation for the Affordable Care Act! The Affordable Care...
Posted by Oraschin & Associates on 01/05/2016
If you are divorced, you might have to rethink many issues related to taxes before the month of April. You must know what the treatment of dependents by the federal government...
Want to reduce your tax burden? Learn what the term ‘dependents’ mean as defined by the IRS. You will be happy to know that you can save up to $4,000 income tax for...
Posted by Financial Balance LLC on 01/04/2016
When it comes time to file your taxes, you may be wondering what head of household is and why you should or should not claim it. If you have never heard of the term, you are not alone...
Posted by Stephen Elmore on 11/19/2015
