November 20, 2015
The Federal income tax is based on a “pay-as-you-go” system. There are 2 ways to pay as you go: withholding tax or estimated tax. This article discusses withholding tax (also...
November 5, 2015
When tax time comes around, inevitably there are people who are not able to pay everything they owe.
Although the IRS always prefers that you find a way to pay your taxes in full, circumstances can sometimes prevent that from happening. If...
October 30, 2015
October 29, 2015
If you have to move because of your job — whether you’re starting a new job or working at the same job in a new location — you may be able to deduct some of your moving expenses on your income tax...
October 28, 2015
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...
October 26, 2015
October 20, 2015
Many people believe that once they retire, they will pay less in taxes due to a lower income. While that may be true for some people, it is not always the case.
Depending on what income you have coming in (e.g., from Social Security,...
October 8, 2015
A change in life circumstances, whether good or bad, can affect your tax return.
Here are some instances where you will need to reevaluate your tax situation:Job Changes
If you lose your job, you should be aware that unemployment...
October 6, 2015
A wedding is a joyous occasion – but with marriage comes a host of new tax considerations.
Whether you are soon-to-be-married or newly married, you should take the time to review your tax situation as a couple. There are a number of steps...
September 21, 2015
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...