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Tools & Forms

Deducting Investment Interest

Over the years, many new types of investment vehicles have emerged.  The good news is that the interest paid on money used to generate income…


The Tax Implications of Paying Interest

Add up the interest you're shelling out each month, and by years' end you might be shocked at how big a bite it takes out…


The Standard Deduction vs. Itemized Deductions

What’s the Difference & What Can You Claim on Your Tax Return? Ah, things were much simpler when you were young. When it was time to file…


Tax Calculators

Online tax calculators are helpful tools for anyone looking to compute their tax liability, estimate their tax refund, or simply better manage their finances. While…


Information for IRS Tax Form 5498

Tax Form 5498 is used to report contributions on IRAs, which include traditional and Roth, as well as Savings Incentive Match Plan for Employees (SIMPLE)…


Information for IRS Tax Form 1099-MISC

Tax Form 1099-MISC is commonly used among self-employed professionals to report profits from services performed for other organizations. If you are a sole-proprietor and were…


Information for IRS Tax Form W-4

The purpose of Tax Form W-4 is simple ? it is used by your employer to withhold the proper amount of federal income tax from…


W-3 Forms: Everything Business Owners Need to Know

   How does the Social Security Administration know what your employee wages were? That's the key question when you're looking at the difference between…