At the end of the 2012 tax year the Bush (or Obama) tax rates will increase to previous levels. Will the President and Congress act to avoid a tax increase?
Tax Hikes, Increased Costs And Tax Breaks We’ll See Due To Health Care Reform
In January 2014 H.R.3590, the Patient Protection and Affordable Care Act, will go live. As a result many people will see increased taxes, and others will receive tax breaks. Let’s take a look.
What Is A Health Care Flexible Spending Account (FSA)? How Does It Work?
Flexible spending accounts are a way to allow employees to save money on taxes by setting aside money to pay for health care costs. But how do they work?
Estimated Tax Payments: How They Work, When They’re Due And Why You Should Pay Them
If you’re self employed or if you have significant side income you most likely should be paying estimated taxes on the income throughout the year. Here’s how.
Top 5 Things To Do With A Tax Refund
Expecting to receive a tax refund this year? Here are some ways you can invest that refund in yourself this year.
Taxmageddon: Will We See A Huge Tax Increase Due To Expiring Tax Breaks At End Of 2012?
At the end of 2012 a whole host of tax breaks are all expiring at once. It is being called “Taxmageddon” and unless something is done the average household could see a huge tax increase.
8 Tips For Amending Your Tax Return When You Make A Mistake
It’s not uncommon for people hurrying to file their taxes before the deadline to make a mistake. What are some things to remember when amending your tax return?
What Should I Do If I Can’t Pay My Taxes? What Options Do I Have?
Tax returns are due on April 17th this year, and many people have already filed. What if you haven’t filed yet, and you’re not able to pay your taxes? What options do you have?
Tax Tips Every Dad Should Know
One way dads can help keep their family financially stable is to make sure they are cashing in on every available tax break available. Here is a look at some tax tips to help you save.
Beware Of Tax Scams When Filing Your Return
Filing your taxes can be confusing enough without having to deal with scam artists and their tax scams. Here are some scams to be wary of this year when you file.
Payroll Tax Cut Extended Through The End Of 2012
Congress has passed and Obama will sign an extension of the payroll tax cut through the end of the 2012 tax year. Here is what it means for you.
How I Ended Up With A $5000 Dollar Tax Bill This Year. Oops!
This past week I started getting all of my tax forms. I got my W2 from the company I work for at my day job, 1099s from a variety of companies that I do freelance work for, some miscellaneous tax forms from investments that we have and reporting forms showing how much we’ve donated to […]
How To File Your Federal Taxes For Free Using Free E-File Programs
Filing your taxes doesn’t have to be a pain. There are several places that will allow you to do it for free if you meet certain guidelines.
How To Prepare And File A 1099 For Contract And Freelance Workers
If you’ve paid contract or freelance workers more than $600 throughout the tax year, you are required to file a 1099-MISC. Here’s how.