January 19, 2016
The 2016 tax season has officially begun today, January 19, as the IRS is now accepting e-filed tax returns. It’s common for taxpayers to keep putting off their taxes until the last minute, but why wait? The faster you file, the faster you can...
January 18, 2016
Have you ever tried to make a call to the IRS to get questions answered regarding your taxes? It is not a quick or enjoyable experience. Well there is some good news for this year’s tax season. The Internal Revenue Service has announced an...
November 24, 2015
In addition to Federal taxes, you may also be required to file and pay State taxes. Each state in the U.S. has its own local government and taxation department.
November 18, 2015
Families and individuals who get their health insurance through the Health Insurance Marketplace may be able to offset the cost of their monthly premiums with the Premium Tax Credit.
The premium tax credit (PTC) is a...
November 10, 2015
To give you a head start on the 2016 tax year, Bloomberg BNA has released their tax rate/bracket predictions.
The Federal income tax currently consists of 7 rate brackets: 10%, 15%, 25%, 28...
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...