Taxes
Filing Tax Returns: Will You Make the 42 Cent Mistake This Tax Season?
When it comes to filing your tax return, spending 42 cents could be the biggest mistake you ever make.
Millions of taxpayers make the mistake of putting their income tax return in a regular letter-sized envelope, sticking on a 42 cent stamp, and placing [...]
Property Tax Delinquency In Texas: What To Expect
When times are tight, people are often faced with the decision of whether to buy food or make mortgage payments. Foreclosure on any property, whether it is a house or a vacant lot, is bad news, and it can happen anywhere in the [...]
Tax Mistakes Not To Make
Are you one of those people who likes to prepare your income tax return by yourself every year? Would you be surprised that the IRS is more likely to audit you as a result? Nobody is saying that you’re automatically being dishonest. Not [...]
Tax Filing Tip - Filing Late
The deadline to submit tax returns for 2007 is April 17th. If you miss the deadline, you must file a return as soon as possible. If you owe taxes, the IRS will impose fines, interest on money owed and penalties. However, interest and [...]
A Quick Jolt For the Auto Economy, Plus Ten
Thirty Billion Dollars is a huge amount of money, but it translates into less than $100 per US person— a small price that we should all be willing to pay to give the Automobile Industry time to restructure itself and to save a [...]
Tax Filing Tips For Faster And Easier Filing
Wouldn’t it be great to get a few extra tips on how to file your taxes? Filing your own individual tax form can be intimidating, but today there are many ways to make your tax filing faster and easier. With a basic knowledge [...]
Tax Deduction For Homeowners
Come tax time, you may feel tempted to accept a standard tax deduction rather than explore the potential benefit of itemizing your deductions. Unfortunately, many homeowners do not realize they are legally entitled to take numerous deductions that would save them money on [...]
Tax Deductions Your Allowed To Take
Sometimes it’s difficult to know what tax deductions we’re allowed to take. A tax deduction or a tax-deductible expense affects a taxpayer’s income tax. It is an expense incurred by a taxpayer, subtracted from a person’s annual gross income when the taxpayer computes [...]
Mortgage Points Tax Deduction
If you are purchasing a home or planning to refinance your current mortgage your lender may offer you the option to pay “points” at the time of closing. The lender will send you a good faith estimate and you may notice that your [...]
Things to Look for in a Tax Consultant
Every business needs a tax consultant. Irrespective of the size of your business, it’s wise to seek the services of a professional tax consultant. But choosing the right one is no easy matter.
There are a number of things to look for in a [...]
