Job and Business
5 Tax Deductions for Businesses
Beyond normal day-to-day business expenses, there are many other tax deductions that can help business owners reduce their tax liability. Not using all the deductions…
Tax Tips for Independent Contractors
Information for Self-Employed Persons For Federal income tax purposes, it is important to know whether you are an employee or an independent contractor. Employee…
7 Facts About Miscellaneous Deductions
Tips for Claiming Miscellaneous Deductions on Your Income Tax Return Itemizing your deductions (as opposed to claiming the standard deduction) means that you may…
Tax Tips for the Affordable Care Act (ACA)
Learn How the New Health Care Law Impacts Your Taxes Beginning in 2014, the Individual Shared Responsibility provision of the Affordable Care Act takes…
5 Tax Tips for New Businesses
Federal Tax Information for People Who Are Starting a Business Starting a new business is an exciting adventure, but also a major undertaking. Although,…
Free Tax Preparation Tips
When it comes to tax preparation many people are far from efficient. In fact, most taxpayers are disorganized and unprepared when they begin to file…
State Income Tax vs. Federal Income Tax
It is important to understand the difference between State income taxes and Federal income taxes. If you don’t, you could end up making mistakes that…
Understanding Income Tax Audits
A Federal income tax audit is a review of your income tax return to determine its accuracy and truthfulness. Note that a tax audit is…
