Income Taxes

The Latest

  • January 25, 2016

    Taxes are kind of strange all on their own. We pay all this money and get almost nothing in return – except roads full of potholes, an embarassing public school system, and an annual April stress test.

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  • 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.

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  • 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...