Blog

Blogs

Should I File a Tax Return?

Should I File a Tax Return? Most people file a tax return because they have to. Even if a taxpayer doesn’t have to file, there are times they should. They may be eligible for a tax refund and not know it. Here are five tips on whether to file a tax return: General Filing Rules.  […]

Read More
Eight Tips to Prevent Identity Theft

Eight Tips to Prevent Identity Theft Identity theft happens when someone steals personal information for financial gain. Tax-related identity theft happens when someone uses another person’s stolen Social Security number (SSN) or Employer Identification Number (EIN) to file a tax return to obtain a fraudulent refund. Many people first find out they are victims of […]

Read More
Debt Cancellation May be Taxable

Debt Cancellation May be Taxable If a lender cancels part or all of a debt, a taxpayer must generally consider this as income. However, the law allows an exclusion that may apply to homeowners who had their mortgage debt canceled in 2016. Here are 10 tips about debt cancellation: Main Home. If the canceled debt […]

Read More
Moving Expenses Can Be Deductible

Moving Expenses Can Be Deductible Did you move due to a change in your job or business location? If so, you may be able to deduct your moving expenses. Moving expenses can be deductible and taken as a deduction to Adjusted Gross Income. Here are some tax tips for moving expenses. In order to deduct […]

Read More
Late Filing and Late Payment Tips

Late Filing and Late Payment Tips April 18 was this year’s deadline for most people to file their federal tax return and pay any tax they owe. If you are due a refund there is no penalty if you file a late tax return. If you owe tax, and you failed to file and pay […]

Read More

Latest Tips

Debt Cancellation May be Taxable

Debt Cancellation May be Taxable If a lender cancels part or all of a debt, a taxpayer must generally consider this as income. However, the law allows an exclusion that may apply to homeowners who had their mortgage debt canceled in 2016. Here are 10 tips about debt cancellation: Main Home. If the canceled debt […]

Read More
Should I File a Tax Return?

Should I File a Tax Return? Most people file a tax return because they have to. Even if a taxpayer doesn’t have to file, there are times they should. They may be eligible for a tax refund and not know it. Here are five tips on whether to file a tax return: General Filing Rules.  […]

Read More
Moving Expenses Can Be Deductible

Moving Expenses Can Be Deductible Did you move due to a change in your job or business location? If so, you may be able to deduct your moving expenses. Moving expenses can be deductible and taken as a deduction to Adjusted Gross Income. Here are some tax tips for moving expenses. In order to deduct […]

Read More