Tax Resources

The Latest

  • 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...
  • October 15, 2014

    One of the best ways to reduce your income tax liability (and possibly increase your tax refund) is through Federal tax deductions provided by the IRS.

    There are certain...

  • October 10, 2014

    Are you wondering if you need to file a tax return? While most people who earn an income must file a Federal income tax return, that is not true for everyone.

    Depending on your...

  • October 9, 2014

    One thing that many new retirees forget is that they may need to pay taxes on a portion of their Social Security benefits. These benefits include monthly retirement, disability, and survivor payments — but not supplemental security income (SSI)...

  • October 7, 2014

    Are you looking for an expert to help you with your income tax return?

    When it comes to choosing a qualified tax preparer, it is important to know that there are different types of...

  • September 24, 2014

    The ability to work for yourself and be your own boss is an exciting prospect. Becoming self-employed in your field of expertise can give you the freedom to find a work-life balance that is hard to achieve when you are employed by a someone else...

  • September 23, 2014

    Every year, the IRS publishes a list of the “Dirty Dozen” tax scams that pose the most danger to taxpayers at large. If you fall prey to one of these scams, you are at risk for owing the IRS a large sum of money. In extreme cases, a tax scam can...

  • September 22, 2014

    The IRS tries to process electronic returns within 21 days, but during peak season it can sometimes take longer. If you filed a paper return it can take 6 weeks to process a tax refund, so...

  • September 16, 2014

    Members of the U.S. Armed Forces, particularly those deployed in combat zones, are faced with unique tax situations and are eligible for special tax benefits.

    For Federal tax purposes, the U.S. Armed Forces includes the following:

    ...
  • September 8, 2014

    Gambling — whether it’s at the racetracks, the casino, or the lottery — is a source of entertainment for millions of people. It is also a source of income, whether you win the Powerball...