Common Questions Regarding Tax Strategies
What's type of loan is ideal for big ticket items?An equity loan is best for those who own their home. Interest paid that comes from credit card debt and auto loans are not eligible for reducing…
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Common Tax Mistakes You Don’t Want To Make
Great tax management is keeping and receiving all the money you’re entitled to while meeting your legal obligations. Here are…
Important Tax Law Updates for 2015
The best way to plan for taxes is to start at the beginning of the tax year. So it’s important…
Didn’t File Taxes Last Year? Here’s What You Need To Do
If you have neglected to file past taxes, you’ll be surprised it isn’t as stressful as it you might think.…
Find Out What Medical Expenses Are Deductible
You may be eligible for a deduction when making your itemized deductions if you incurred a significant amount of healthcare…
How Obamacare Impacts Your Taxes
You may not even be aware of the term, “Advance Premium Tax Credit,” but you definitely need to understand how…
Filing Taxes After a Divorce
For most newly divorced people, doing taxes the following year after the divorce brings up important questions that can be…
Rising Costs in 2015
Your guide to goods and services expected to increase in price in 2015. Abraham Lincoln once said, “The best way…
An Exhaustive Checklist to Start Prepping for Taxes Today
April 15th will be here before you know it. Getting prepared today will set you up for the most peace…
Common Bookkeeping Considerations for New Business Owners
Most people starting a business start the business because they are good at providing the product or service they are…
Accounting Methods: Cash versus Accrual
The IRS requires you to maintain consistent accounting throughout your fiscal year. You must use a method that clearly reflects…
How To Establish Your New Business’ Tax Year
You may be able to elect a tax year that suits your business; how will you choose? The IRS requires…
Strategic Tax Moves To Make Before The End of The Year
With only one month left in the calendar tax year, now is the time to make some strategic moves to…
What’s an EIN and do you need one?
If you’re starting a new business, you may need an EIN (Employer Identification Number) from the IRS. Here’s how to…
Should you file estimated quarterly taxes?
If you’ve always been an employee and are just starting out on your own, you’ve probably started to hear more…
Is an LLC right for your Business?
A Limited Liability Corporation (LLC) is a hybrid between a sole proprietorship and a corporation. So, as the owner or…
Understanding Annuities
An annuity can seem like it’s some word thrown around with retirement and savings on financial ads during football season.…
Tax Guide for Sole Proprietor Service Providers with Big Ticket Equipment
It’s important to know what your tax obligations are when starting out as well as how you can keep as…
The IRS Wants You To “Like” Them
Did you know you can get tax info from the IRS on social media? When you’re on social media, probably,…
Tax Tactics For Your Personal Tax Strategy
The several tactics listed below help you meet all your tax obligations while keeping as much of your income as…
Contributing and Withdrawing from Roth IRAs
Investments in Roth IRAs are quite simple to understand despite what financial ads that run during major sporting events would…
New Simplified Method for Tax Deductions for Telecommuters
In 2013, the IRS launched a new method for claiming a deduction for the work-from-home workforce. Find out if it’s…
Choosing The Right Filing Status for Married Couples
To file separately or to file jointly, that is the question. If you were married this past wedding season, congrats!…
3 Tips for Budgeting for Your Vacation
Take the vacation you really want to go on. Start planning now for next year’s and you’ll be so happy…
How To Benefit From “Payday Someday”
Getting paid next year for this year’s could be a great benefit to you! If you’re self-employed and pay your…