When is the Earliest You Can File Taxes?

Posted by Madison on January 14, 2016

We’re pretty familiar with the tax deadline on April 15 (although it’s extended to Monday, April 18, 2016 this year). However, the first day to file taxes each year often depends on what Congress has done recently with any new laws that were implemented. This year is no different as congress signed new legislation at […]

Continue reading…





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 2015 (and due in 2016). 2015 Minimum Income Requirements The IRS released the minimum income to file taxes in 2015. For […]

Continue reading…





2015 Tax Rates & 2015 Tax Brackets

Posted by Madison on August 1, 2015

What do the 2015 tax rates and 2015 tax brackets look like? 2015 tax rates are used to file your 2015 tax return due in 2016. A few years ago the fiscal cliff deal made the tax bracket structure permanent. The 2015 income tax brackets will continue to keep the 10%, 15%, 25%, 28%, 33%, […]

Continue reading…





12 Occasions You May Have to Pay Taxes

Posted by Madison on April 13, 2015

With the tax deadline just a couple days away, finishing your taxes is a pretty common theme across America right now. In fact, the White House just released the tax returns for the Obamas and the Bidens. If you are the President, you have to pay tax. Here are twelve more situations you may need […]

Continue reading…





11 Ways to Lower Your Taxes with Kids

Posted by Madison on April 9, 2015

With the tax deadline creeping up on us, it’s time to focus on some ways to save money on your tax return. Raising kids is expensive. However, at tax time, there are ways those little bundles of joy can save money. Many people know about the tax credits for kids, but they are unaware about […]

Continue reading…





There is a possibility that you may be suffering from double taxation. I know, we all suffer from double taxation, like when we pay sales tax when we purchase items with money that has been taxed by the federal government. Or when I used to work for the state government, and when I used my […]

Continue reading…





Claiming Dependents on Your Tax Return

Posted by Jill on March 19, 2015

Most taxpayers are well aware of the deduction that comes from claiming dependent children on their taxes. But what are the rules on claiming dependents on taxes? And what about other relatives? And, when can those formerly claimed as dependents on someone else’s return begin to claim themselves? If someone else can claim you as […]

Continue reading…





How to Find TurboTax Discounts

Posted by Madison on March 11, 2015

Need a Turbotax Discount? It seems like every communication I receive from brokerages, insurance companies, and banks recently are for offers for a Turbotax discount. If you missed the offer for Free Federal and State Tax Filing, and you still need to find a discount here is a list of all the discounts I could […]

Continue reading…





How to Claim College Tax Credits

Posted by Kristen on March 9, 2015

Being a college student is an expensive job. Throughout the year, hopefully you are keeping in mind ways to save money in college and how to avoid student loan debt. You can get creative to save money on food in college, apply for scholarships, and save money on textbooks that can become quite pricey. But […]

Continue reading…





Health Care Tax Forms May Contain Error: What to Do

Posted by Madison on March 2, 2015

In order to claim the new health insurance premium tax credit on your tax return you need form 1095-A from the health insurance marketplace. Last week the Department of Treasury announced that 800,000 (about 20%) of the 1095-A forms sent were wrong. Corrected forms will be sent this week. The errors impacted tax returns in […]

Continue reading…