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
Tag: taxes
Estimated Tax Payment Reminder
Your quarterly estimated tax payment is due soon. First Quarter 2017 taxes due by April 18, 2017. Estimated tax is the method used to pay tax
What Deduction Should You Take – Itemized or Standard?
Itemize or Choose the Standard Deduction Most taxpayers claim the standard deduction when they file their federal tax return. However, some filers may be able
How to Report Gambling Income and Losses on Your Tax Return
Six Tips on Gambling Income and Losses Whether you roll the dice, play cards or bet on the ponies, all your winnings are taxable. The
Filing an Amended Tax Return
IRS Summertime Tax Tip 2016-02 You may discover you made a mistake on your tax return. You can file an amended return if you need
2015 Retirement Plan Contribution Limits
The Internal Revenue Service announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015. Many of the pension
Avoid Surprises at Tax-Time
Even though only a few months remain in 2014, you still have time to act so you aren’t surprised at tax-time next year. You should
Individual Shared Responsibility Payment
Beginning in 2014, the individual shared responsibility provision of the Affordable Care Act requires each individual to: Maintain a minimum level of health care coverage – known
Moved? Notify the Insurance Marketplace
Moving Can Affect Your Premium Tax Credit If you moved recently, you’ve probably notified the U.S. Postal Service, utility companies, financial institutions and employers of
3rd Quarter 2014 Estimated Taxes Due
If you are self-employed or have other third-quarter income that requires you to pay quarterly estimated taxes, make sure your third quarter payment is postmarked