Tax Strategies

The Latest

  • August 21, 2017

    Everyone must pay taxes on the income they receive during the year, whether it is from a job, self-employment, or other sources. The IRS expects to receive tax payments as your income is earned...

  • April 12, 2017

    Identity theft is one of the fastest growing crimes in the country, costing billions in damages. According to the Bureau of Justice Statistics, there were 17.6 million identity theft victims in 2014 – a number that has continued to grow year...

  • November 9, 2016

    The Federal income tax is based on a “pay-as-you-go” system. There are 2 ways to pay as you go: withholding tax or estimated tax. This article discusses withholding tax (also...

  • October 3, 2016

    If you have to move because of your job — whether you’re starting a new job or working at the same job in a new location — you may be able to deduct some of your moving expenses on your income tax...

  • August 16, 2016

    During the busy months of summer, the last thing on your mind is your income taxes. However, reducing your tax liability is a year-round occupation and now is the time to consider some pertinent tax breaks and obligations.

    Have you moved...

  • August 3, 2016

    Did you make a mistake on your Federal tax return that you need to correct?

    First, you should know that not all errors require an amended tax...

  • June 16, 2016

    The Earned Income Tax Credit (EITC or EIC), which has been around since 1975, essentially provides a subsidy for low-income working families. To claim this tax credit, you must meet certain eligibility...

  • 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...

  • October 30, 2015

    If you owe taxes, it may feel as though you’ve been cast adrift upon a sea of uncaring bureaucracy. Don’t despair—you have rights! In fact, there is a new “...