Watch Out for Shady Tax Preparers

watch out for shady tax preparersOne of the ways you can increase your tax refund and ensure that you aren’t leaving money on the table is to have a professional prepare your taxes. This year will be the seventh that I’ve used an accountant to […]

Move This Year? You May Need to File More Than One State Tax Return

relocation package taxesWhen we think of taxes, we often focus on federal income tax. However, it’s important to remember that your state wants it’s cut, too. If your state collects income tax, you need to file a state return as well as a federal return. If you’ve moved in the […]

4 Signs Your Tax Preparer is Shady

shady tax preparerEvery year, I bring my documents to my accountant and he prepares my taxes. This year, he told me that there has been increase in the number of people that bring their returns to professional tax preparers. The IRS reports that around 60 percent of taxpayers […]

March 5th, 2014|Tax Filings|0 Comments

What Makes a Donation Tax-Deductible?

tax deductionsWhen it comes to donating to charity, it’s important to understand whether or not you are actually making a tax-deductible contribution. If you don’t plan to itemize on Schedule A in order to deduct your contribution, it doesn’t really matter what sort of donation you are making. However, […]

January 22nd, 2014|Tax Filings|0 Comments

Can You Go to Jail for Failing to Pay Taxes?

prison and not filing taxesFew us enjoy paying taxes, but it’s one of those things we’re required to do by law. And, since paying taxes is a matter of the law, there is the possibility of going to jail if you don’t pay your taxes.

Civil vs. Criminal Tax […]