Tax Preparation

The Latest

  • February 2, 2015

    Beginning in 2014, the Individual Shared Responsibility provision of the Affordable Care Act takes effect. This means that each and every taxpayer (and family member) is now required to maintain basic health insurance, also called “...

  • January 22, 2015

    When you are filing your 1040 tax return, right before you compute your final taxable income, you have the option to either claim...

  • January 14, 2015

    You have two options for filing your Federal income tax return (IRS Form 1040). You can file a paper return or you can file electronically (a.k.a. “e-file”).

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  • January 13, 2015

    For the majority of Americans, the most commonly used document for filing a tax return is IRS Tax Form 1040. This form is due by April 15 each year.

    While there are many...

  • December 29, 2014

    During the month of December, consider these year-end tax tips that could save you money when April 15th comes around.

    1) Give to Charity

    If you plan on a itemizing your deductions, you can reduce your tax liability...

  • December 18, 2014

    Giving to charity has two major benefits: it helps those who receive it, and it can be claimed as a deduction on your income tax return.

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  • December 3, 2014

    Everyone must pay taxes on the income they receive during the year, whether it is from a job, self-employment, or other sources. The IRS expects to receive tax payments as your income is earned...

  • November 26, 2014

    It is recommended that you file any tax returns that are due, whether or not you can pay your tax liability in full. The longer you wait to file, the higher your late fees and interest charges will be.

    You can file a late tax return the...

  • November 6, 2014

    Did you make a mistake on your Federal tax return that you need to correct?

    First, you should know that not all errors require an amended tax...

  • October 16, 2014

    When you’re getting married, taxes are probably the last thing you want to think about. However, it is still important to understand the tax consequences of marriage. This article explains some basic tax considerations for newlyweds.

    Name and...