Articles - Page 66

Understanding the Credits of the Affordable Care Act

For many individuals, the provisions of the Affordable Care Act (ACA) have resulted in specific tax credits and potential penalties. Individuals and employers all have criteria to...

ACA: Tips for the Taxpayer and Employer

For many companies, the provisions of the Affordable Care Act (ACA) have phased in specific tax credits and potential penalties. Individuals and employers all have criteria to meet...

The Ins and Outs of Tax Brackets and Rates

When filing your taxes, most individuals see the current tax bracket system as a mystery and are often left scratching their heads over how much tax they actually owe. The system may...

Here are the 11 Ways you can use to save on Your Taxes This Year

AccountantIt is officially tax time – a crucial time to reminisce the previous year with an eye toward maximizing tax credits and deductions and significantly lowering your tax burden....

Could This Actually Be the End of Tax Refund Loans?

Openly citing that they target the working poor and include certain fees that can easily translate into yearly interest percentage rates ranging between 50% and as high as 400%, the...

How to Beat the Stress That Comes During IRS Tax Preparation

Little can be compared to the pressure that typically comes at around that April deadline when you begin to think more seriously about your relationship with the Internal Revenue Service-...

IRS Tax Liens

If you owe the Internal Revenue Service a large amount of money from previous tax years, and have not answered correspondence or started a payment plan, you may end up with a lien...

Dividend Income

If you received dividend income for 2015, you will need to report this income to the IRS and to the State of Maryland.  Dividend income is divided into two categories by the IRS,...

Hello everyone! This is Donna from Donna J. Jackson & Associates, PLLC. It seems that topic on everyone’s minds these days: how can I get more tax savings? I think we can all...