Electronic Income Tax Filing
You can greatly reduce the error rate on your tax returns by e-filing. As a bonus, you can generally receive your refund in three weeks.
Cost Basis Consideration
When determining your capital gains and losses, cost basis information is essential.
Making Budgets Work
Missing your target on your budget does not mean your budget won’t work. You just need to set more realistic targets.
Preparation Tips for a Budget
We offer six easy tips for creating your own budget.
Importance of Budgets
Every day we are surrounded by the realities of rents and mortgages, groceries, children and endless bills. A budget can help make it all work.
Employer Provided Meals—Are They Taxable?
If you stay at work late to meet a deadline and the company buys pizza for dinner, is this taxable? And to whom?
Senior Citizens—Did You Know That You Can Be Charged Tax on Money You Don’t Get?
If you neglect to take your required minimum distribution from your IRA, you will be taxed a 50% penalty on the amount that should have been distributed, but was not.
Selling Investment Property—Like-Kind Exchanges
When we were children trading assets like baseball cards was just fun. Today, if you trade larger assets like a house or business property, it is considered a like-kind exchange, and it can minimize your taxes.
Charitable Giving—Gifts of Appreciated Property
If you are gifting property or stocks, your deduction depends on whether the property is ordinary income property or capital gain property.