Americans have recently been inundated with reports that they are not saving adequately for retirement, as well as the consequences and ramifications of falling short during their golden years. Althou...
Taxpayers who are struggling to make ends meet may see some additional relief in 2012. The Internal Revenue Service recently announced inflationary adjustments relating to a number of income and estat
For tax year 2012, personal exemptions and standard deductions will rise and tax brackets will widen due to inflation, the Internal Revenue Service announced this week. Each year, the IRS reviews the...
It’s quite simple – the more deductions you have for your small business, the less taxes you will pay on your return. Don’t cheat yourself out of any deductions, but by the same toke...
With a struggling economy the typical sources of income for the government, start-up fees, new property taxes, application fees, and similar fees and taxes are very limited. The government is ...
Recent health care reform legislation has both extended and revised the adoption tax credit. If you or someone you know has adopted a child this year, you may want to take note of these recent c...
I understand the value of a deadline and, in fact, I love the pressure that comes with a deadline. Seriously, I'm a tax professional. However, October 17th is one deadline that you do...
Election time brings excitement, frustration, concern, and hope for change, true hope, and not just a slogan that we are accustomed to hearing recently. However, it is often presented with id...
With many people pinching pennies and looking for ways to save money and make do with less, we’ve put together a list of overlooked tax deductions that qualified taxpayers shouldn’t pass u...
Recently, President Obama asked Congress to consider an extension of unemployment benefits allowing workers to receive up to two years of benefits. Currently, in some states people ca...