Happy Tax Day! As I’m finishing up the last few returns for clients today, here are some fun tips to get you through your return. Tax Day Freebies. Check the list of free food and specials for tax day at Slickdeals Tax Freebies. Check Your 2006 Return. Today is the last day to file an [...]
Are you scrambling to finish filing in time for the tax deadline? Did you remember to file taxes for your kids? Since we opened multiple accounts at ING to get $25 Sign Up Bonuses for our kids, they’re earning interest on their accounts, which reminded me to check into the kids tax filing rules. (Signing [...]
Suffice it to say, over the past two years the IRS has made it more of a priority to recoup the money it is owed by individuals and businesses who are not truthfully reporting their earnings. And who can blame them? With the United States debt growing to over $12.5 trillion dollars, it seems only [...]
We all know that we must pay both income and social security taxes on employment income as well as any contract labor. But the IRS levies income taxes on some other sources of income too – some more surprising than others. If you received a windfall or other unexpected funds in 2010, chances are the [...]
A few people that I’ve talked to recently thought that because they had a 401k at work, they couldn’t open an IRA. Not true! Let’s take a closer look at investing in both an IRA and a 401k at the same time. Since the 2010 tax deadline (which is also the last day to contribute [...]
