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Parents: Don’t Miss Out on These Tax Credits and Deductions

Children can reduce the amount of taxes you pay every year. There are many tax benefits for parents. When filing your federal tax returns, look out for these benefits: Dependents: Children can be...

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Tips to Help You Plan for the Next Tax Season

The April 15th tax deadline is gone, your taxes are done, but why should you even still have an interest in your taxes? You don’t have to jump into tax planning at this very moment, but you should be...

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What to do if Your W-2 Form is Incorrect

If any of the information on your W-2 is incorrect, you have to ask your employer to correct it and give you a new copy. The employer is also responsible for giving the Social Security Administration...

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Two Websites That Can Get Your W-2 Forms Online

Towards the end of January every year, numerous envelopes overwhelm post offices throughout the country as companies mail out W-2’s to their staff by the January 31st due date set by the IRS. The W-2...

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Reasons Why the IRS Changed Your Refund

If you worked throughout of the entire year, getting a tax refund is important to you. However, waiting for your refund to arrive is frustrating, but it is even more frustrating when you get less than...

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How to Handle a Fraudulent Tax Return Being Filed With Your Information

Identity theft is something that is all too common in this day in age. You may not want to believe it but numbers show us that it is more common than anyone likes to think. According to the Wall...

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Tips for New Side Business Owners

You have just started a new side business, congratulations. However, your work is just beginning. You will have to manage your time, display your talents, and manage your home and career life. This is...

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E-File to Jumpstart Your 2016 Tax Refund

The IRS always suggests filing as soon as you have all of your tax forms and documents together in addition to efiling. By doing so you will be able to have your tax return processed and receive your...

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Six Ways New Parents Can Save on Taxes

If you had a baby recently, they are bringing you more than joy this year. They also bring in bundles of tax savings for you during tax season. New Parents Tax Guide When you become a parent, you get a...

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Filing Taxes in 2016 & Important Information Dates

You are able to file your taxes anytime once the New Year roles in, however, the IRS doesn’t start processing returns until the IRS e-File goes live. Regardless of when this happens taxes are always...

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IRS Tests W-2 Verification Code for Filing Season 2016

This tax season the IRS is going to be verifying the W-2 data. This is one of a new series of tax related identity theft and refund fraud prevention steps. The main goal is to make sure that the W-2...

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Five of the Most Common Tax Questions for 2016

Tax season will be here before we know it. Therefore, tax questions will be being asked left and right. There will be questions about claiming parents as dependents, deducting books for college and...

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Why Your Business Needs a Website

The internet has definitely changed how businesses interact with their customers. Websites are no longer considered expensive and not needed. Instead, every business has to have one if they want their...

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Deducting Mortgage Points on Your Tax Return

If you have decided to purchase a home, you know that your mortgage is one of your largest debts – if not the largest. You may also find yourself paying fees known as “mortgage points”. The good news...

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Which 1040 Tax Form Should You File?

Are you unsure which form you should be using to file your federal taxes? Many people use their computers to e-file tax forms because it’s easy and the software will automatically select the best tax...

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Mortgage Tax Breaks for Buying a Home

For many Americans, purchasing a home is more than just setting out a personal goal. It is eliminating the need of renting. It is building equity in an investment that is proven to never die out –...

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Things Employers Must Do To Process Employee Payroll and Pay Payroll Taxes

When it comes time to process payroll, there are several tasks you must carry out in processing the regular employee payroll and paying and reporting payroll taxes. The information provided does not...

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Why My Business Has To Submit Form 941 & 940 to the IRS

Filing For Payroll Taxes Using Forms&  940 941? Here’s How and When To Do It Payroll reporting time seems to come up quickly on a regular basis. Form 941 is the primary payroll report and has to...

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Payroll Employee Deductions Online & Outsourcing Payroll

Do you want more details regarding payroll deductions? You see them on your paycheck and knowing why they are made and what they are will help you in understanding your compensation. Deductions from...

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Basics of Bookkeeping and Accounting

Starting out in a small business, you might have heard the terms bookkeeping and accounting being used interchangeably. But the terms are different and they are synergistic in a small business setting...

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