October 03 2022 Tax
Taxpayers have seen their options for tax deductions whittled down in recent years, as the vast majority of taxpayers opt for the standard deduction – which doubled in 2018 – rather than itemized deductions. Still, deductions are a powerful way to lower your tax bill. Let’s take a look on various types of Tax Deductions …
September 30 2022 Tax
Generally, married couples choose to file their income tax returns jointly on their Form 1040. That means, their filing status is Married Filing Jointly. When the returns are filed jointly, the liability arising thereof is also joint and several. But sometimes it happens that one’s spouse or former spouse fails to report income, or may …
March 01 2016 Tax
Make a Wise Choice when Selecting a Tax Preparer As the tax season has already begun, since entering into the March month, there is still time to choose a return preparer. If you file now, and approach the Tax Preparer now, you have time for Tax planning and can relax later, rather than rush tax filing. …
February 22 2016 Tax | Uncategorized
With Valentine’s Day and the love in the air coming to the practical life,  the most  important of the lot being, ARE YOU READY FOR THE TAX SEASON? It’s been over, 40 days , the tax year has been ended, and the time to collect all your documents to bind for your Tax Filing. It’s …
