Here are 4 easy steps I wanted to share with you for making it easy to have your 2016 taxes prepared: 1. Gather your forms. Be sure you know where your W-2, 1099, 1098 and other forms are. It’s also important to understand what forms you will use to prepare...
As we near the end of the year and tax season will soon be upon us, I would like to stress the importance of proper tax documentation. Many taxpayers forgo worthwhile tax deductions because they have neglected to keep receipts or records. It might be too late for you,...
When December 31 arrives, there will few ways left to reduce your tax burden for 2016. Read this post for ideas of what you might do to lower your taxes. In addition, just like tax planning for 2016 is almost over, planning for 2017 is already upon us, and should be...
Did you know that if your tax bracket goes from 15 percent to 25 percent, for instance, that this does not mean an increase of 10 percent in taxation. Actually what it means is a 67 percent increase in taxation! The IRS calculates the increase by dividing this 10...
Recent Comments