Tips

When it comes divorce or being an unmarried parent, who gets to claim your dependents can be a bit tricky. Here’s what you need to know.

Posted March 27, 2014
Tips

Ever wonder about what the Earned Income Tax Credit is? You just might qualify!

Posted March 27, 2014
Tips

Putting off your taxes until it’s too late can be damaging.

Filing your taxes late can mean that you’ll owe even more money. Or, if you have a refund due, it can lessen how much you get back. Either way, you’re losing money.

Posted March 27, 2014
Tips

If you bought a house or owned in house in 2013, there may be more deductions than you knew about.

For itemized deductions, most people know that you can deduct the interest you pay on your mortgage. Here’s a list more deductions you may be able to take as well.

Posted February 23, 2014
Tips

Sure getting married means you’ll more than likely change your filing status, but there are also some other administrative things that need to happen as well.

Posted February 23, 2014
Tips

Not sending out 1099s can be costly. Here’s what business owners are responsible for.

Posted February 23, 2014
Tips

The distinction between capital expenditures and expenses may seem obvious. But the IRS may see it differently.

There are capital expenditures and there are expenses. And most of the time, the line between them seems pretty clear to business owners come tax season. But there can be some gray areas.

Posted February 23, 2014
Tax Tips

If you incurred a significant amount of healthcare and dental cost costs last year, you may be eligible for a deduction when making your itemized deductions.

There are several things that you can deduct provided your healthcare costs were over at least ten percent of your yearly gross income:

Posted January 28, 2014
Tips

If you’re taking care of a parent in their sunset years, you may be able to claim them as a dependent.

It doesn’t have to be a parent per se, it can be a family member that you are giving care to. It can be a family member such as an aunt or uncle.

Posted January 28, 2014
Tips

Did you invest in making your home more energy efficient last year? If so, you may qualify for a tax credit.

Posted January 28, 2014