Tag Archive for taxes

Do You Have Enough Money To Pay Your Taxes This Year?

It’s tax time, and you may be dreading that moment when your accountant notifies you of your refund—or lack thereof. Being told you owe the IRS money at tax time can be a devastating blow, especially if you don’t have…

Seven Deadly Tax Debtor Sins

Do you think it’s difficult to get into tax debt? Chances are you’re committing one of the IRS’s seven deadly sins right now. 1. Not Filing Tax Returns on Time (Sloth) After the New Year’s ball drops, the IRS gives…

Move For Work Last Year? Get Your Tax Deduction

People move for many different reasons. It may be because of an expanding family, or to get farther away from the in-laws.  Whether you’re moving to Boston to San Francisco or just across town, one thing is for sure, moving…

Tax Defense: Top 5 IRS Audit Red Flags

Do you want to boost your refund without triggering a tax audit? Staying out of the IRS crosshairs is easy if you know how to avoid these common mistakes. Report What You Earn What happens to all of those W-2s…

Outsourcing Your Tax Preparation

In some sections of the world, the word outsource is still seen as a bad thing. Many people, who are too fond of their national identity and their ability to be in charge of their own, see outsourcing as a…

Calculating Your Effective Federal Tax Rate

Income tax terms and laws can be quite confusing; however, one term you will want to learn about is your effective federal tax rate, or simply effective tax rate. An effective tax rate is defined as the net rate that…