There’s only a little over a week left until personal and small business tax returns are due. As you’re finalizing your tax return, you may want to consider if you’ve claimed certain business related tax deductions. You could be leaving money on the table. Read More.
Have you filed your 2009 tax return and claimed your refund yet? If not, you may be one of the 984,400 taxpayers that are owed $917 million in 2009 tax refunds. The IRS estimates more than half of the refunds are for at least $500. Read More.
There are many tax deductions that we all know about such as deducting mortgage interest, traditional IRA contributions and state income tax. What about the other lesser known tax breaks? Read More.
Lawmakers provided certain taxpayers that commute to work with a nice gift to bring in the New Year. The tax-free fringe benefit for using public transportation as well as qualified parking was increased for 2013 and retroactively applied to 2012. The change can save certain taxpayers several hundred to a thousand dollars annually. Find out if you’ll be a beneficiary. Read More.
The end of the year and the tax filing season is upon us. As you prepare to gather your tax documents, it’s important to understand all of the nuances for claiming personal tax deductions. Read More.
The window is quickly closing for investors to sell their long-term capital gains and pay no tax in 2012. While this specific tax break applies to investors that are currently in the 10% tax bracket, many mid to high-income earning families can benefit too. Find out how. Read More.
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