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Credits to Reduce Your Taxes
Credits to Reduce Your Taxes A tax credit reduces your tax bill by the exact amount of the credit and is therefore the number #1 way to reduce your tax burden. And for some will little income, credits...
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Tax Changes in the American Recovery and Reinvestment Act
Tax Changes in the American Recovery and Reinvestment Act A number of tax law changes were made in the recently passed and signed American Recovery and Reinvestment Act also know as the Federal...
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Don’t Take Your Losses!
Many people have been troubled by the impact of the financial crisis on their savings. If you are retired, you probably know that there is an annual minimum distribution that you are required to take...
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Help Me In My Tax Preparation
Help Me In My Tax Preparation Nothing can make you grind your teeth more than the thought of tax preparations. Fortunately, there are some people making a living out of this. If thinking about...
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The Process of Minimizing Tax Returns
The Process of Minimizing Tax Returns Claiming an interest payment deduction would help you decrease your taxes. Those who are shouldering the burden of student loans would hardly want to add to the...
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5 Tax Write-offs for Freelancers
2010 is officially over, and you know what that means–it’s almost time to prepare your taxes (cue groaning.) Tax preparation can be a daunting task, especially if you plan to do it yourself. And for...
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4 Scenarios Where You May Want Assistance with Your Taxes
Let’s face it: taxation laws can be complicated. The average person has limited knowledge of things like mergers & acquisition, San Diego tax laws, management consulting, San Diego business...
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TurboTax ItsDeductible Is Going Mobile
On December 3, 2013, Intuit Inc announced that its’ new TurboTax ItsDeductible app for iPhone had become available. This app is aimed at helping the estimated seventy-five percent of US citizens who...
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Watch Out For IRS Tax Scams
There have been reported incidents of swindlers using an IRS pitch as a 2016 IRS Tax scam. One such incident happened to Brett. He panicked after hearing a phone message that the IRS was about to...
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