Taxes

Choosing a local tax return service can be a critical decision for many individuals and businesses. With the tax laws and regulations constantly changing, it is important to have a trusted and knowledgeable professional on your side to ensure that your tax returns are accurate and filed in a timely manner. By using a local […]

People have all kinds of pejoratives to express how they feel about filing their taxes. The process is stressful, time-consuming, and inconvenient. It’s also expensive… but it doesn’t have to be. There are free tax filing services to offset the burden of tax season, but some of them aren’t as “free” as they sound. Let’s […]

Tax season can be stressful and overwhelming. Unless you’re a numbers person who enjoys filing each year, completing your income taxes is a job you likely want to finish as quickly as possible. That impatience can lead to mistakes. Making small errors can be just as devastating to your tax refund as making big ones, […]

Being a landlord can bring in a significant revenue stream, but it isn’t as easy as it looks. There are a lot of investments involved, including insurance, property taxes, and additional mortgages. On top of that, renting out real estate can make tax season tricky. If you own a rental property, or are considering getting […]

If you’re self-employed, you may feel a little lonely during tax season. After all, it’s hard to gauge which deductions you’re entitled to when there are so many personalized expense categories to consider. Regardless of your income, these tax reductions can lead to significant savings. Let’s break down which deductions are available for the self-employed, […]

With more employees working from home than ever before, the subject of tax deductions has become very topical. Perhaps you’ve heard other remote workers brag about the expenses they’ve managed to trim from their income taxes by working from home. Well, enough with the anecdotal hearsay! Let’s determine whether you’re eligible to save money working […]

When discussing income tax, it’s easy to confuse similar-sounding technical terms. The boundaries around tax exemption and tax deduction are particularly blurry. Although these two types of reductions tend to be used interchangeably, they have separate structures and operate under distinct criteria. Recognizing the differences between exemptions and deductions will help you gain a better […]

Solar power energy provides benefits such as low pollution, energy savings and a reduced carbon footprint. In an effort to encourage people to install solar power in their homes, the U.S. government introduced federal solar tax credits for new residential and commercial systems in 2006. This tax credit can help to offset equipment and installation […]

If you’re thinking about moving to a new state, then you might want to look at its taxes. Since individual income, property, and sales/excise taxes vary from state to state, your total tax burden can vary significantly. So, where do residents pay the most taxes? To figure that out, a recent WalletHub report compares every […]

Whether you realize it or not, April 18th is a big day. That’s when taxes in the United States have to be filed. Even if you didn’t know when the filing deadline was, anyone reading this definitely knows it’s tax season. At this time of year, accounting companies are working overtime to advertise their services […]