Should You E-File Or See A Tax Specialist For Your Returns?
Does the thought of tax time send shivers down your spine? Like it or not, your taxes have to be filed. The question that remains is, how will you get them done? Unless you’re the pen-and-paper type,...
View ArticleNewlywed? Whether To File Separately Or Jointly
You probably weren’t thinking about your tax burden when you said “I do,” but marriage does impact upon a couple’s income tax requirements, sometimes positively and sometimes not. Newlyweds are often...
View ArticleFive Tips for Getting the Most From Your 401(k) Plan
Whether you’re 25 or 55, you know you’ll want to retire one day – and to retire in comfort you must save. And there’s simply no better way to save than the 401(k) plan at work. It’s automatic and...
View ArticleTax Advice: Common Small Business Tax Filing Mistakes
It’s easy to make a mistake, but saying your sorry is rarely enough to satisfy the IRS. Small businesses can innocently make tax mistakes that wind up racking up steep penalties, able to bruise or even...
View ArticleThe “Dirty Dozen” Tax Scams Of 2014
(CBS MoneyWatch) The IRS has a warning for Americans — watch out for tax scams. Every year the agency releases a “Dirty Dozen” list of the worst tax scams out there. This year, identity theft and...
View ArticleDisappearing Deductions Cost Taxpayers
(CBS MoneyWatch) Changes to tax laws last year reinstated some income-based phase outs of some widely used personal exemptions and itemized deductions, leaving many taxpayers with higher tax bills....
View ArticleA Simplified Tax Option For Home Offices
(CBS MoneyWatch) This tax season holds good news for millions of self-employed people who work from home: Home office deductions, which used to require a litany of calculations and the completion of a...
View ArticleWhat’s On Your Tax Return?
BOSTON (CBS) – Review your tax situation now so you have some idea what tax bracket you will fall into this year and decide whether you want to do the long 1040 or the short 1040EZ. Do your taxes both...
View ArticleShould You Itemize Your Taxes This Year?
BOSTON (CBS) – Should you take the time to fill out the long 1040? It really depends. To find out whether you should itemize you will need to do some homework. About a third of taxpayers use the long...
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