Taxes
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How To Spend Your Tax Refund
Tax refund time is the most exciting time of the year for many people – not those of us who pay taxes into the IRS, though. It means a big check in the bank within a few weeks of filing your tax return, and that means you have money to spend. While it’s always nice […] More
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in TaxesWhere’s My Refund? New Mexico Woman Asks IRS For Billion Dollar Income Tax Refund
Where’s My Refund? ALBUQUERQUE, NM (KRQE) – A federal judge sentenced a 71-year-old woman for filing a false tax return for more than $900 million. Frances Jo Mehner, 71, of Rio Rancho, pleaded guilty to making false claims for a federal tax refund. She was sentenced Wednesday to 207 days, which she has already served. […] More
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Ten Last Minute Ways to Cut Your Tax Bill
The year 2016 comes to an end. It is time to think about your taxes and getting your paperwork together. You hope for a refund, but fear that you may have to pay the IRS a tax bill. You wish that you could have a second chance to be better prepared. You may think that […] More
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Five Overlooked Tax Breaks For The Newly Divorced
Divorce can be one of the most financially disruptive events in a person’s life. Lifelong dreams and plans are dramatically altered. For the newly divorced person, the time can be as economically confusion as it is emotionally confusing. It is important, with a pending divorce, to find out where you will stand tax-wise during the […] More
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Ten Ways to Make Charitable Gifts Work for You
The statistics show that Americans are big on giving to charity. The amounts average approximately two percent of the GDP for the country and it is estimated that the majority of the funding is made by individuals versus corporations with approximately eighty eight percent of households giving to charity. In addition to helping those less […] More
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in TaxesTax Tips for Self-Employed People and Freelancers
Taxes. Yuck. I have nothing else to say about those, but I need a few more words or else it was a pointless post that isn’t helping anyone with anything other than justifying your feelings that taxes are gross. No one wants to earn money by working hard and putting forth so much effort only […] More
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in TaxesThis is the One IRS Scam You Don’t Want to Fall For
We’re in the height of tax season again. In addition to the general grumbling about having to pay the IRS, there’s a growing fear, and one more thing to worry about. The hacking and scamming community, ever-growing in number and the sophistication of their game, have upped their attacks significantly this year. Of course, scammers […] More
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in Taxes
Five Things To Know about Paying Your Tax Debt
Paying back a debt can be a lengthy and expensive process. Handling a tax debt, however, requires careful attention. Although there are a number of specific concerns that may accompany your delinquent tax balance, there are a handful of critical items to keep in mind: The best thing you can do for your taxes – […] More
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Don’t Freak Out If You get Audited by The IRS
You know what they say. There’s only two certainties in life – death and taxes. The good news is that you only have to get your calculator out for one of them. Preparing for an IRS audit is not something that people tend to enjoy. It is fussy, fiddly, and time consuming. But, unfortunately, it […] More
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Make Tax Day A Little Easier with Our Most Important Reminders
It’s tax day, today! For those of you still unaware that you had until today to file your income tax return, we have to tell you one more time that Friday was a federal holiday in Washington D.C. and that means you have an additional three days to file. Now that today is the day, […] More
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in Taxes
Last Second Tax Tips for Filing Your 2015 Income Tax Return
Tax Day is only one business day away now. Today is April 15, which might confuse a few people who don’t live in Washington D.C. where today is Emancipation Day. It’s a federal holiday there, and that means the IRS is delaying the deadline for tax day until Monday, the 18th. Last minute tax filers […] More
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in Taxes
Extension of Time Tax Myths Busted: Stop Procrastinating
The final day to file your income tax return for 2015 is April 18, 2016. Emancipation Day falls on the 15th of April this year, which means tax day was moved back to the following business day. However, despite the fact that people are given a few additional days to file their income tax returns […] More
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