Filing Delayed Two Weeks
January 14, 2014 by admin in category Taxes tagged as Filing DelayedThe IRS is Delaying the Start of Tax Season for 2014 What This Means For You? The U.S. government shutdown in October of 2013 furloughed all non-essential employees, including those at the IRS. Believe it or not, even the IRS had to close its doors while the Congress and Senate wrangled over the debt ceiling. […]
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January 13, 2014 by admin in category irs, Taxes tagged as Agreement Program, IRS, Online paymentWhat is the IRS Online Payment Agreement Program? Owing the Internal Revenue Service (IRS) money is not an occurrence that is all that rare. However, it is also not something that you want languishing for months and years, on end. Indeed, the longer that it is not addressed, the more money you will owe in […]
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January 12, 2014 by admin in category Taxes tagged as Job Changes, taxesHow Job Changes Impact Your Taxes Few people have the same job for their entire working life. Chances are that you have changed jobs at least once and will again before you retire. Even if you remain in the same profession, you may still move to a new employer at least once. Whether you have […]
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January 11, 2014 by admin in category Taxes tagged as 2013 Tax Returns, Common Tax Credits, Deductions, Exemptions, Tax BracketsWhat to Expect for 2013 Tax Returns Another year has come to an end, which means that tax time is right around the corner. The rules for filing 2013 tax returns are similar to those from 2012, but with a few notable differences. Tax Brackets The tax brackets for 2013 are very similar to those […]
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January 10, 2014 by admin in category Deductions tagged as Deductions, Home OfficeDo you regularly work from home? If you do there may be a tax deductions that allows you to deduct expenses for business use in your home. In the past, if you wanted to claim a home office in your tax deductions you were required to calculate, allocate, and substantiate complex and drawn out requirements. […]
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January 8, 2014 by admin in category Tax Debt tagged as Debt SettlementWhat It Is a Debt Settlement and How To Handle It Juggling debt, whether it is credit card debt, student loan debt or other debt, can be quite the challenge. In some instances, managing debt can become overwhelming. This often happens when someone experiences a job loss or other financial disaster. Then, before you know […]
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January 7, 2014 by admin in category Taxes tagged as 1040EZ, 1099-MISC, First Time Filers, Focus on the form, W-2Tax Tips for First Time Filers Filing your taxes for the first time is a major personal milestone. It’s also a task that may seem overwhelming, if you’re not properly prepared. Fortunately for most tax rookies, the process is fairly straightforward and doesn’t require much more than research, effort and patience. Here are some smart […]
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January 6, 2014 by admin in category Deductions tagged as Businesses, Charitable Contributions, Dividends Received, Expenses, Home Office, Tax deductionsU.S. businesses are faced with a myriad of tax regulations when preparing and filing returns. Although it is time consuming, management must sort through these rules to reduce taxable income to its legal minimum. Luckily, the Internal Revenue Code does provide deductions businesses can use, and parsing through the IRC reveals some simple, yet effective […]
0 0 Read moreHow to Pay off Holiday Bills
January 5, 2014 by admin in category Taxes tagged as Holiday BillsThe holiday season is over and now you have a big credit card bill from all your generosity this season. Don’t panic! Those bills will be paid off in no time if you use these five tips: Don’t Ignore Your Bills: It may be easier to just put them on a back burner and forget […]
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