Tax Preparation
Can I get an extension on my tax return?
You can file for an extension on any ground you like. All it takes is filling in Form 4868 to extend the deadline to Oct.…
Do you have any tax tips for newlyweds?
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…
How to avoid tax scams in the countdown to April 15
Tax season is fraud season. Scam artists and identity thieves work double-time to snag more unsuspecting victims in the months leading up to April 15.…
Do I need my babysitter’s Social Security number?
Mary Poppins might play hard ball if you ask for her social. Here's a spoonful of tax advice to help you get her on the…
The real cost of hiring a tax preparer
If a tax professional catches even one deduction or credit a taxpayer would have missed, it can easily justify the cost. NEW YORK (MainStreet) —…
How to avoid getting audited
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…
Understanding and establishing ‘Material Participation’ for tax purposes
When it comes to your income taxes, U.S. tax law makes a distinction between different types of income — including income from passive investments and…
Special rules for deducting moving expenses
There are many costs associated with moving and they can really add up fast. Fortunately, if you are moving because of a new job, or…
