Archive for 'Taxes'

Tax Hacks 2012: 6 Scams to Avoid
Feb 08, 2012 - Continuing our series on tax hacks, we turn to some "tricks" you probably want to avoid – the kind offered by scam artists and the kind that you might be tempted to try yourself.

Tax Hacks 2012: 4 Places for Free Help
Feb 06, 2012 - Does $100 billion sound like a lot for taxes? It's not what Americans owe every year – it's just what we pay to get our returns filed. But 70 percent of Americans shouldn't be paying anything.

Tax Hacks 2012 – Home Office Deductions
Feb 03, 2012 - Many eligible taxpayers avoid this part of taxes because they've heard it's complicated and likely to trigger an audit. But if you're eligible, take it. There are lots of rules, but here's the plain-English translation.

Online Sales Taxes May Be Coming Soon
Dec 08, 2011 - It seems there's one thing Democratic and Republican senators might agree on these days: forcing out-of-state companies to collect sales tax for online purchases. A bill has been proposed, but until it passes, here's what you can do now to pocket the cash that might otherwise go to the taxman.

4 Reasons to Start Thinking Taxes Now
Oct 17, 2011 - Nobody wants to think about taxes heading into the holidays. But there are tax opportunities now that disappear at the end of the year, and others where more time means less pain and better planning.

How the Price of Milk Might Lower Your 2012 Taxes
Oct 12, 2011 - You just might pay less in taxes next year – but no thanks to the politicians in Washington. Nope, you can thank inflation.

2011 Back-to-School Tax Holidays: When to Save in Your State
Aug 04, 2011 - This year's sales tax exemption season kicks off on Aug. 5. Read on to find out how to save in your state.

8 Tips to Turn Your Vacation into a Tax Deduction
Jun 13, 2011 - Vacation budgets are down, and IRS audits are up. But that doesn't mean combining a family vacation with business travel is a bad idea – just that you have to be careful and do it right.

7 Tips for Spring Cleaning Your Finances
Apr 25, 2011 - Is your filing cabinet groaning under the weight of old financial documents? Do you have canceled checks from 2004? It's time for spring cleaning, and we can help.

Ask Stacy: Do My Taxes With Software or Use an Accountant?
Apr 15, 2011 - Lorraine has used software to do her taxes in the past, but now she's bought a house and is wondering if the additional complexity should send her to an accountant. As a CPA myself, what do you think I said?

Can’t Pay Your Taxes? File Anyway
Apr 11, 2011 - The tax deadline this year is April 18. But if you find that you owe and can't pay, don't bury your head in the sand by not filing. File your return on time, then check out these options for dealing with the debt.

Best Tax Advice: Don’t Pay With Plastic
Mar 17, 2011 - While credit card companies tout the benefits of paying your taxes with a credit card, this is probably the worst way to pay. Here are some better ideas.

Forgiven Credit Card Debt May Be Taxable
Mar 10, 2011 - If you negotiated a debt settlement in 2010 on the balance of your credit card account, you may owe taxes on the forgiven debt.

Taxes 2011 – 3 Steps to Convert This Year’s Refund Into Next Year’s Tax Credit
Feb 25, 2011 - What if you could take this year's tax refund, spend every dime, then get it all back, plus 30 percent? Impossible? Not at all. Read on...

Taxes 2011 – 10 Dumb Things to Do With Your Tax Refund
Feb 23, 2011 - It's not often in life that we get lump sums of cash, and the temptation is great to do the wrong thing. In case you're not quite sure what the wrong thing is, here's a quick checklist.