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Posts tagged status

What you’ll Need

What you’ll Need
Tweet             Well here we are, January and it is time to start getting your tax information ready. But what do you need? Twelve months have passed. With the economy the way it is many have already been thinking about their taxes, some haven’t.               Getting things ready to take in to your tax preparer is sometimes a gruelin [...]

Five Important Facts about Dependents...

Five Important Facts about Dependents and Exemptions
Tweet           When you prepare to file your 2009 tax return, there are two things that will factor into your tax situation: dependents and exemptions. Here, the IRS gives you five important facts that you should know about dependents and exemptions before you file your 2009 tax return. If someone else claims you as a dependent, you may sti [...]

Five Filing Facts for Recently Marrie...

Five Filing Facts for Recently Married or Divorced Taxpayers
Tweet (Having your name on your SS Card match is a growing issue. This could help.)            If you were married or divorced recently, there are a couple of things you’ll want to do to ensure the name on your tax return matches the name registered with the Social Security Administration.            Here are five facts from the IRS for recen [...]

The Truth About Paying Fewer Taxes.

The Truth About Paying Fewer Taxes.
Tweet              I read a lot about the taxing world. Often I am searchingto find books to recommend to my clients to give them a better understanding how a tax return works and what is needed to make it work best and what they can do to minimize their liability. The Truth About Paying Fewer Taxes is by far the best book I have ever come ac [...]

Notes From the IRS

Notes From the IRS
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Filing Status

Filing Status
Tweet This is of course could be the greatest misunderstood of filing statuses. Or at least one would think considering how many misuse the claim. Let’s examine so you don’t make this mistake.             The IRS defines this as:                         Head of Household 1.      You are unmarried or “considered unmarried” on the last day of t [...]

Are You sure you are Having Enough Wi...

Are You sure you are Having Enough Withheld?
Tweet How are you supposed to know? This is a re-post for your tax planning needs. A few easy steps and some light planning can help you figure this out. What you need to know:             If you fail to estimate your federal income tax withholding properly, it may cost you in a variety of ways. If you receive an income tax refund, it essenti [...]

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