Tax Preparation

The Latest

  • April 4, 2013

    If you got married last year, you’ll be checking the “married, filing jointly” box on your tax return. As a couple, your taxes will go up or down, depending on what each of you earns.

    If one of you earns most of the income, you get a...

  • April 4, 2013

    NEW YORK (MainStreet) — As tax day draws near, millions of Americans are sweating over their W-2 and 1099 forms and hoping against hope that everything checks out and their tax returns are...

  • March 21, 2013

    For Shauna Wekherlien, the owner of Tax Goddess Business Services PC in Scottsdale, Ariz., the scariest tax audit she saw was a corker, including threats from the Internal Revenue Service and a dash of ignorance and hostility.

    “This client...

  • March 21, 2013

    You do — which comes to most people as a surprise.

    You probably know that you owe a nanny tax on the wages of a...

  • March 10, 2013

    NEW YORK (MainStreet) — What a difference a year makes.

    Not that 2012 was easy-peasy for tax filers. In fact, the entire U.S. tax code filled...

  • March 5, 2013

    Doing your taxes is not the most pleasant activity in your life - hopefully. However, in the rush of wanting to get your taxes done you may overlook certain important steps. Jim Jelter discusses seven steps that will help you prepare your tax...

  • February 21, 2013

    You do. That is, if hope to take a child-care credit on your income tax return without running into problems with the IRS.

    The child-...

  • February 20, 2013

    NEW YORK (MainStreet) — The National Society of Accountants reports that the average cost of hiring a tax professional to prepare your Form 1040 with a Schedule A and state tax return is $...

  • February 19, 2013

    NEW YORK (MainStreet) — Calculators are humming and pencils are sharpened, all in anticipation of that annual exercise in angst and anxiety — filing your tax returns.

    Last year more...

  • February 19, 2013

    The IRS has been stepping up its efforts to ensure that Americans are accurately reporting the taxes they owe. This means that the IRS is auditing a growing number of taxpayers, especially those with high incomes and complex financial...