Income Taxes
7 Facts About Miscellaneous Deductions
Tips for Claiming Miscellaneous Deductions on Your Income Tax Return Itemizing your deductions (as opposed to claiming the standard deduction) means that you may…
5 Tax Tips for New Businesses
Federal Tax Information for People Who Are Starting a Business Starting a new business is an exciting adventure, but also a major undertaking. Although,…
Free Tax Preparation Tips
When it comes to tax preparation many people are far from efficient. In fact, most taxpayers are disorganized and unprepared when they begin to file…
State Income Tax vs. Federal Income Tax
It is important to understand the difference between State income taxes and Federal income taxes. If you don’t, you could end up making mistakes that…
Understanding Income Tax Audits
A Federal income tax audit is a review of your income tax return to determine its accuracy and truthfulness. Note that a tax audit is…
How Do Taxes Work?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_Income_Tax_Basics.mp4"][/video] How do taxes work? Well, if you're paying them, the question surely pops into your head from time to time.…
2 tax benefits self-employed professionals should know about
Undoubtedly the two biggest benefits of having an employer are health insurance and retirement plans, right? Wrong. Both of these pricey items are covered when…
Temporary employee and independent contractor tax issues
How do temp employees file their taxes, and how do you know when you are an independent contractor? The economy might be improving, but…
