The drop-dead date for on-time tax payments is April 15. If you can’t make the full payment, the IRS provides options to lessen the immediate financial burden, but the time to act is now. Miss this deadline by just one day
Tag: irs
The Tax-Free Retirement Savings Option- Is a Roth IRA right for you?
Deciding between a traditional or Roth IRA can be confusing, but one thing is clear – Roth IRAs are subject to fewer IRS rules and restrictions, giving you more flexibility while still providing some great tax savings. Read more at
Where’s My Refund?
Your return is filed and you’re expecting a refund. Where is it? The IRS has an online service to check on the status of your tax refund. Here is what you need to know. Read more at Weekly Tax Tip
Save Those Receipts!- These tips are money in your pocket
Too often during the course of an audit, the auditor throws out valid deductions. Not because they did not occur, but solely because you did not provide adequate documentation. When it comes to taking qualified deductions on your tax return,
Tax Scam Alert! Defend Yourself Now
Now is the time for tax fraud and theft. As the IRS continues to neutralize these threats, scammers are developing improved tactics to steal your identity and tax refund. Here is a recap of what the IRS is seeing this
Good News for Taxpayers Who Under-Withheld
The Internal Revenue Service warned taxpayers to check their income tax withholding for almost all of 2018 due to how the Tax Cuts and Jobs Act (TCJA) affected tax brackets. Despite these warnings, it started to look like many taxpayers
Small Business Owners’ Tax Checklist
Keeping your tax documents organized is a challenge, but it can not only make the tax filing season go smoothly, it can also reduce your company’s tax liability. Here are some tips to keep your business on track:
2018 Tax Highlights Video
Video includes key information about the TCJA tax reform changes that will affect you in the upcoming tax season. The highlights consist mostly of the individual tax changes. Start collecting your documents now, so you’re ready to file taxes and
December 2018 Tax Newsletter
Charitable Giving Planning In 2017, Americans donated over $410 billion to charity. As 2018 closes, you may be considering your charitable giving. You can deduct charitable gifts of cash and property, plus deduct your charitable mileage (14¢ per mile). To
2018 Year-End Tax Tips
Everyone wants to save money on their taxes, right? Well you’re not going to be able to do this unless you plan accordingly. To make the most of some tax deductions, you have to act before the year is over.