Do Your Kids Need to File Taxes?

Posted by Madison on March 23, 2017

Do your kids need to file taxes? Usually filing taxes for the kids is an afterthought. Only after people scramble to finish filing in time for the tax deadline do they realize they didn’t even think about the kids. Will you remember to file taxes for your kids? If your kids earn interest and dividends, […]

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3 Simple Ways to Lower Your Taxes in Retirement

Posted by Don on March 22, 2017

Wouldn’t it be great to not have to worry about taxes during retirement? As great as that sounds, the reality is you are going to be paying taxes until the day you pass away. As the old saying goes, the only two certainties in life are death and taxes. But what taxes will you pay? […]

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We know that if you want to grow your money for the long term, investing in the stock market makes the most sense. While there is risk involved, taking on little to no risk with bank savings accounts will not allow our money to grow at the rate we need in order to reach certain […]

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When is the Tax Deadline? It’s Not April 15

Posted by Madison on February 15, 2017

The 2017 tax deadline for your 2016 tax return is on April 18, 2017. Why is the Tax Deadline Not on April 15? Weekend Days. The tax deadline is extended when the traditional April 15 deadline falls on a Saturday or Sunday. In this case it would be on the next business day (Monday). Emancipation […]

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How Long Does it Take to Get Your Tax Refund Back?

Posted by Madison on February 14, 2017

When filing tax returns, the second question everyone asks is “How long does it take to get my tax refund back?” Of course, the first question everyone asks is “How much is my refund?” Tax Refund Direct Deposit versus Mail If you want to get your refund faster, opt for the direct deposit route. Not […]

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IRS Will Delay Tax Refunds if You Claim These Tax Credits

Posted by Madison on February 9, 2017

There is a new delay this year for tax refunds. The delay will apply to 2016 tax returns filed in 2017. This year, the delay is due to a new law, the PATH Act of 2015. The law requires that tax refunds including the earned income tax credit or the additional child tax credits will […]

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2016 Tax Calculator to Project Your Tax Refund

Posted by Madison on January 25, 2017

The 2016 tax calculator is here! Do you want to get an estimate of how much your tax refund will be before you file? We just updated the 2016 tax calculator with the current tax brackets, credits, deductions, and everything else you’ll need to estimate your tax refund before the tax deadline. How to Use […]

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How Much Money Do You Have to Make to File Taxes?

Posted by Madison on January 18, 2017

How much money do you have to make to file taxes? What is the minimum income to file taxes? Let’s take a look at the requirements for the minimum income to file taxes in 2016 (and due in 2017). 2016 Minimum Income Requirements The IRS released the minimum income to file taxes in 2016. For […]

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17 Tips for End of Year Tax Planning

Posted by Madison on December 16, 2016

It’s time for end of year tax planning! This is your annual reminder to get your financial house in order for tax season! What could be more fun than taking a break from holiday festivities and shopping to start thinking about taxes? Does anyone else need a distraction from watching the Amazon Lightning Deals? It […]

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How to File for a Tax Extension

Posted by Amanda on April 18, 2016

Today is the tax deadline. Have you filed your tax return yet? If you are mailing your tax return, it must be postmarked today. If you are efiling with a program like TurboTax, you must submit your electronic return today. But what if you cannot meet the tax deadline? There are certain circumstances when a […]

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