Every year you can be sure that tax season will come around, but smart tax planning will ease unnecessary anxieties. While many people dread tax preparation, there are ways to reduce...
Posted by Valderas Financial Solutions LLC on 01/30/2018
As they say, there are only two things certain in life, death and taxes. Unfortunately, the saying is true. Even if you have unfiled tax returns, the IRS is going to want their money...
Posted by Valderas Financial Solutions LLC on 01/24/2018
As dreadful as the word might sound, tax basis remains one of the most important components as far as filing tax returns is concerned. Also referred to as adjusted basis or cost basis,...
Posted by Advantage Tax Service on 01/24/2018
For most taxpayers, completing and filing an income tax return is relatively simple. However, there are some tax situations that affect a small number of taxpayers, and it is important...
Posted by Valderas Financial Solutions LLC on 01/17/2018
If you amend your 2017 tax return, it means that you must file a new form with the IRS, namely a 1040-X. Not all situations, however, require you to file an amended return. even though...
Posted by Advantage Tax Service on 01/17/2018
If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by Valderas Financial Solutions LLC on 01/10/2018
Audits and IRS bills and headaches...oh my. Tax prep can leave you feeling like you aren't exactly in Kansas anymore. Avoid getting targeted by the IRS and those pesky flying monkeys...
Posted by Advantage Tax Service on 01/10/2018
If you have unfiled tax returns or unpaid taxes then you may be steering towards an IRS audit. An audit could result in draconian tax sanctions such as a tax levy, tax lien or wage...
Posted by Advantage Tax Service on 01/04/2018
If you own a vehicle for business use or even use your personal car for job tasks, you may be eligible for certain tax deductions. That part probably comes as no surprise, but it's...
Posted by Valderas Financial Solutions LLC on 01/03/2018