Preparing for Your First Joint Tax Return

So for those of you who missed the memo, I’m married now. While I can hear the hearts of single women around the world breaking as these words are read, I have something else churning in my mind. I have to change how I file my taxes. This whole married money thing has been going […]

How to Fill Out Your Tax Forms on Your First Day of Work

I remember every first day of work I’ve ever had. That feeling of nervousness and excitement. Knowing that I have a great opportunity in front of me and an opportunity to prove myself for future promotions and career growth. New passwords and logins. Meeting new people. And, oh yeah, paperwork.

3 Simple Tax Tips for Self-Employed People

I used to enjoy doing our taxes. I know, I’m a dork, but I genuinely liked sitting down at the end of the year to see how everything shook out for the previous 12 months. We didn’t have anything too extravagant going on so it was fairly straightforward. That all changed once my wife and […]

Dealing With Extra Income: IRS Form 1099

This year, I received lots of forms for my tax filing. While most of us receive a W-2 from our main employer, any other income is usually reported with a variation of form 1099. Just like the W-2, a 1099 form is an integral part of your tax filing and ignoring them can lead to […]

4 Potential Uses for Your Income Tax Refund

Like it or not, tax time is upon us as taxes are due a little more than a month from now. Many dream of getting that large income tax refund and going out to blow it on something nice they’d not normally be able to afford, but there generally isn’t much wisdom behind that. I’m assuming that […]

Which Tax Filing Method is Right for You?

The year is almost over, and you know what that means… tax time is coming. People can start filing their 2013 income taxes on January 31st, so it is time to get your tax forms in order and decide how you will file in 2014.

How Tax Deductions Work and The Right Number to Take

Each time you start a new job, you are required to submit a W-4 and I-9 form. Those forms tell your employer how much tax to deduct from each paycheck and verify that you are a legal US resident who can take a job. Most of us only spend a few minutes on those forms but don’t understand the long term ramifications.

Should You Pay Someone to do Your Taxes?

It’s that dreaded time of the year, tax time. Only a select few individuals actually like doing their taxes because of the potential headache it can be. The tax code is thousands of pages long, so how can it be easy to fully understand what to do? Thankfully, there are a options that make it less of a nightmare for most of us to file our taxes.

Year End Tax Deductions

There is a reason non-profits press hard for donations during the holiday season, and it is not just counting on your generosity. The end of the year is your last opportunity to plan for tax deductions and expenses for your next tax filing.