Filing Taxes

As an Employee, Which Business Expenses are Tax Deductible?

December 15, 2011

When you’re working for your employer on the road or from a home office, you’re likely to run up a lot of expenses, some of which may not… Read More

Who Gets Audited by the IRS?

October 25, 2011

Are you worried about being audited by the IRS? Do you know whether or not you fall into a high-target area for an IRS audit? Even though most… Read More

Filing Taxes for a Deceased Person

October 11, 2011

There is an old adage that says "In this world nothing is certain but death and taxes." Ironically, however, even the death of a taxpayer does not eliminate… Read More

How to Calculate and Pay 2011 Self-Employment Taxes

September 21, 2011

If you are thinking of becoming self-employed, it is important to consider the tax impact and to understand the new tax reporting requirements that you will be subject… Read More

Guide to IRS Estimated Taxes: Due Dates, Payment Forms & More

September 12, 2011

If you have income that does not have tax withholding, chances are that you will need to pay estimated tax to the IRS. Estimated taxes are required for… Read More

IRS Tax Relief and Deductions Available After Hurricane Irene

September 7, 2011

If you experienced damages and losses as a result of Hurricane Irene, you may be able to take tax deductions at tax time to help offset the expense.… Read More

2011 Standard Tax Deduction: Amounts & Knowing When to Itemize

August 24, 2011

Preparing and filing your tax return can be daunting, especially when trying to determine which deductions you qualify for and choosing between taking the standard deduction and itemizing.… Read More

Legally Reduce IRS Income Taxes Using These Tax Credits & Deductions

August 10, 2011

If there is one thing that all taxpayers can agree upon, it is the desire to pay less in taxes and keep more of your hard-earned cash where… Read More

When Income Reported on Tax Returns Doesn’t Match Bank Records

August 3, 2011

Wrongly reporting income or claiming false deductions, expenses and credits on tax returns is not worth the severe penalties that may result from doing so. Read More

Back to School Tips: Tax Deductions for Teachers

July 27, 2011

A sad aspect of America's educational system is that, despite the fact that schools are often helped out financially by fundraisers and parent donations, their budgets remain small,… Read More