Mar 12, 2024 | Taxes
Common Missing Tax Return Items Want your tax return filed quickly and without error? Then, double-check this list of items that are often overlooked. These missing items often cause delays in getting your tax return filed: Forms W-2 and 1099. Using last year’s...
Mar 6, 2024 | Taxes
Avoid a Penalty and Tax Surprise when Withdrawing from Retirement Accounts Retirement accounts that provide tax breaks have very specific rules that must be followed if you want to enjoy the financial rewards of those tax breaks. One of these rules defines WHEN...
Feb 15, 2024 | Taxes
Reasons to File Your Tax Return Early When it makes sense to file a tax return as soon as you can The 2024 tax season for 2023 tax returns is now officially underway. Here are several reasons to consider filing your tax return early. To get your refund. There’s...
Feb 8, 2024 | Taxes
Yes! You Owe Tax on That 6 Surprising Taxable Items If something of value changes hands, you can bet the IRS considers a way to tax it. Here are six taxable items that might surprise you: Surprise #1: Hidden treasure – In 1964, a married couple discovered $4,467...
Jan 31, 2024 | Taxes
Best Way to Avoid an IRS Audit: Preparation Getting audited by the IRS is no fun. Some taxpayers are selected for random audits every year, but the chances of that happening to you are very small. You are much more likely to fall under the IRS’s gaze if you make...
Jan 17, 2024 | Taxes
Tips for a Smooth Tax Season With tax season officially underway, here are tips to make filing your return as stress-free as possible: Gather your tax information for filing. Items you’ll need include W-2s, 1099s, K-1s and other forms you receive from your...
