Tax Preparation

If you were unable to file your 2013 individual tax return by April 15th and filed an extension, you should be aware that the October 15 extension deadline to file your return or face a late [...]

Did you discover that you made a mistake after you filed your federal tax return?  If so, you can make it right by filing an amended tax return.

Are you looking for a hard and fast rule about what income is taxable and not taxable? The fact is that all income is taxable unless the law specifically excludes it.

After Dec. 31, there’s nothing you can do to affect your taxes for the year that just passed, right?  Not so.  There are countless things you can do before you file to screw up your return. 

Did you know that you can make tax-deductible retirement savings contributions after the close of the tax year?  Well, you can and with April 15th looming, the window of opportunity to maximize [...]

If you lose your job or your employer lays you off, you may be able to get unemployment benefits.  The payments may be a welcomed relief. But you should know that they’re taxable.

When is an itemized deduction high enough to cause an audit risk? The tables below give you some examples of acceptable numbers. Many things can make a tax return look suspicious, but outsized [...]

Your children may help you qualify for valuable tax benefits.  Here are eight tax savings for parents when filing their federal tax returns this year.

Have you received all of your W-2s? These documents are essential for completing your individual tax returns.  You should receive a Form W-2, Wage and Tax Statement, from all of your employers [...]

Quick…Name all the products and services that charge you taxes.  Most likely, your answer misses the majority.  “The average American thinks he’s only taxed on what he gets a 1099, K-1 or a [...]