For taxpayers who contribute to an IRA, tax time can lead to many questions regarding how those contributions may affect your taxes. If you chose to save for retirement through an IRA, there are some important things you should know.
IRS Tax Brackets 2015 – 2016 Here we provide clear idea and solution of IRS Tax Brackets 2015 – 2016. Every year, the IRS adjusts more than 40 tax provisions for inflation. This is done to prevent what is called
We have had numerous questions regarding the Affordable Care Act (Health Care Reform or Obamacare) and how it will affect your 2015 Tax Refund. The short answer for most is: Little, if not none at all. For most individuals who
Why Wait for Your Income Tax Refund? Looking forward to filing your 2015 taxes so you can get that big, fat tax refund check you’ve been waiting for? You’re not alone. But does the idea of that check make you
As an employee or small business owner, there are many expenses that you may be able to deduct on your tax return. The home office expense deduction is often one of the largest write-offs available. However, there are several IRS rules that
Avoid The Social Security Tax Trap In the good old days Social Security was tax free. But times have changed, and now many taxpayers can expect to see at least a portion of their Social Security income make its way onto the
The convergence of taxes and technology continues to run into trouble. The latest issue is personal information of around 6,000 Louisiana taxpayers and another 7,000 or so in Connecticut. Those estimated 13,000 individuals in the two states received their state
It’s finally here! Everyone’s favorite month. The final 31 days in which you can take steps to reduce your 2014 tax bill. What? You thought I was talking about Christmas? C’mon! If you’ve been reading the ol’ blog for the last eight