When It’s Right to Itemize Deductions
April 11, 2015
Itemizing deductions on a tax return may help decrease the amount of tax you owe depending upon a taxpayer’s income, age, filing status and more.
April 11, 2015
Itemizing deductions on a tax return may help decrease the amount of tax you owe depending upon a taxpayer’s income, age, filing status and more.
April 9, 2015
Millions of American workers may qualify for the Earned Income Tax Credit (EITC) for the first time this year, though many are unaware that this credit exists.
April 7, 2015
The Social Security Disability Insurance (SSDI) program is in trouble financially and in less than two years is expected to not be able to pay full benefits.
April 3, 2015
Many married couples don’t realize that each taxpayer is equally responsible under penalties of perjury for filing correct information and paying the tax. This is true even after a divorce.
March 30, 2015
Taxpayers who are salaried company employees frequently overlook tax deductions for their out-of-pocket work-related expenses.
March 27, 2015
If you sold a home in the 2014 tax year, you may be able to exclude part or all of the profit from your income.
March 26, 2015
The new 2015 income tax deduction and exemption updates may directly affect the tax you owe so you should consider your withholding and allowances declarations.
March 25, 2015
Where’s my refund? There are a number of ways to check.
March 23, 2015
If you paid someone to care for a person in your household last year so that you could work or look for work, you may qualify for the Child and Dependent Care Tax Credit.
March 20, 2015
An extension will give you an additional six months to file a completed tax return, but it does not extend the time you have to pay the tax without a penalty.