For anyone who has ended up owing when they file their taxes, it might strain the budget to address this tax liability. However, the IRS has offered an option to eliminate that potential...
While future expenses might be a source of concern for families with disabled dependents, the Federal government offers another savings option, known as the Achieving a Better Life...
The subject of tax is not the most pleasant for many. Though it is what some people live by. Yes, the tax preparer downtown, the CPAs around town and every other tax professional you...
If you are an investor and have received interest income over the 2015 tax year, you must file that income on your taxes. If you’ve received more than $1,500.00 in taxable...
For most investors, and even certain tax accountants, sorting through the multifaceted IRS rules on investment taxes can undoubtedly be a nightmare. Drawbacks abound, and the consequences...
When choosing an investment, many individuals look to savings bonds. While the interest rate might not necessarily match the rate of return on certain stocks, these bonds are typically...
Federal Tax Form 1040Â Every year, taxpayers file their tax returns to the IRS. In order to understand the various aspects of this form and the information you need to complete...
Certain types of income are taxed differently than others. Capital gains are a notorious example of this, but dividends can be taxed differently as well. Dividends are payments that...
If you’re looking to save money this tax season, itemizing deductions claimed on your taxes can the way to go. One problem that we see often is that because there’s often SO many...