You’ve seen the commercials, heard the claims of your neighbors, and the other day you realized that they offer tax filing in your local library! So why not take advantage...
Posted by Allan J Rolnick, CPA, CTC on 01/13/2016
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
The Internal Revenue Service has tax benefits for military families with and without children due to their special circumstances. As such if you are from a military family, you...
If you are talking about tax deductions, the richer you are, the better it is for you. The middle class people of America have some tax breaks in their kitty like those of wealthy...
Posted by BHATIA & CO, INC, CPAs on 01/04/2016
Tax returns can be quite a task if you are not aware of what all deductions you can include and how to itemize them. But the Internal Revenue Service website contains all the information...
As the tax deadline is right around the corner, it is important to make sure that you are properly prepared for the big day. Many people are persuaded by friends and family to believe...
Paying taxes is a burden that everyone has to bear but the Internal Revenue Service does have a few tax breaks and deductions that help ease your tax burden. Also, taxes are different...
So, you have finally retired and are all set to sit back and relax when you are suddenly slapped with a tax return form. Managing taxes with a fixed income in retirement can be quite...