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Tax Settlement and Tax Debt

January 26, 2014 by in category Tax Debt, Taxes tagged as , , , , , ,

Owing back taxes and tax debt can be one of the biggest bothers, something that is often unforeseen. While it certainly can be an unwelcome and unpleasant situation to be in, it can always be worse, and definitely is not the end of the world. No matter how much tax debt you find yourself in, […]

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Job Changes Affecting Taxes

January 12, 2014 by in category Taxes tagged as ,

How 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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Ridiculous Tax Frauds & Write offs

December 21, 2013 by in category irs, Taxes tagged as , , , ,

Weird Tax Evasions and Tax Frauds Death and Taxes — you’d think people would know by now that those are the only two things you can’t escape. Still, people do some crazy things when it comes to avoiding paying taxes. Let’s look at some of the odd and whacky ways people have tried to commit […]

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Taxes you didn't know you were paying

December 16, 2013 by in category Taxes tagged as , , , , , , ,

It’s obvious when a consumer buys an item from a local retailer that the price that is actually paid will end up being more than the ticket price. Whether it’s a new car or a sweater at the mall, we pay taxes on almost all of our purchases. What many people may not realize is […]

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Teaching Your Kids About Taxes

December 5, 2013 by in category Taxes tagged as ,

How to Teach Your Kids About Taxes They say the only things that are inevitable are death and taxes, and of those two things it’s taxes that occupy much of our time and our lives. There are a lot of disagreements when it comes to taxes, but at least some taxes are necessary in order […]

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Household Tax Organization

November 10, 2013 by in category Taxes tagged as , ,

Organize Your Household Tax Information Once and For All Does the thought of tax season stress you out? Of course it does. Taxes are not easy. That’s why there are CPAs and tax companies out there that have years of education and experience to do them for you. Of course, they are still very doable […]

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Credit vs. Deduction

November 7, 2013 by in category Deductions tagged as , ,

Credits and deductions are two ways you can receive money back from the IRS on your taxes. A tax deduction is a reduction in taxable income that lowers your bill in a percentage format, dependent on your tax bracket. These deductions are broken into broad categories such as medical expenses, state & local taxes, property […]

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