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Tax Codes
Tax law is a tricky language, and it takes most people years to understand it. In this section of our blog, you can read up on some of the most commonly misunderstood tax codes out there. Our tax professionals are experts at understanding and employing federal and state tax codes, so it’s time for you to get started. Read up on everything from major tax laws to little-known tax codes that can translate to thousands of dollars in savings on your tax debt or tax return. Of course, we’re here to talk you through everything—just contact one of our tax specialists today through our free live chat, located to the bottom right of your screen – or by clicking here.
Category: Tax Codes
Oct
20
How Your Health Benefits Affect Your Taxes
Your health accounts and medical expenses are probably a large component on your financial radar. It’s important to know the ins and outs to ensure you are taking advantage of what’s offered to you and how this affects your taxes. From account ty...
Sep
28
Calculate the Value of Non-Cash Charitable Contributions
Many taxpayers give to charity – but most don’t simply sign on the dotted line of a personal check. Donations come in forms of clothes, cans, electronics, and more. So how do you value these items for proper deduction? If you’re making ...
Sep
22
Tips for Filing Your Taxes While Unemployed
If you’re currently on the job market, you’ll have to approach your taxes differently when Uncle Sam comes knocking at your door. There are certain ways of filing, particular tax breaks to take, and it may become more crucial for you to consult a...
Sep
16
The Best Ways to Spend Your Tax Refund
The IRS has just graced your bank account with a tax refund in the quadruple digits and you’re already planning your beachy vacation. Not so fast. There are many ways to spend your tax refund, but there are certainly ways that are best for the well...
Sep
08
Selling Your Home? You Should Read This.
Let’s start with the good news: the money you make from selling your home is usually tax-free. Now you’re wondering, what are the exceptions? It depends on several factors, relating to time and money, outlined below. Know the following rules and ...
Aug
31
Self Employed? The Tax Tips You Need to Know
When you’re self employed, you’re already worrying about so may different moving pieces. Independent insurance payments. Client deadlines. Time management. Your work to life balance. The last thing you need to add to this mix are missed tax tips....
Aug
25
Should You File for a Tax Extension?
If tax filing season is upon you and you aren’t quite ready to file, you may be able to file for an extension. This allows you more time to get the documents you need, request forms you don’t currently have, and to go through your accounts and de...
Aug
11
The Secret Ways to Boost Your Tax Refund
There is nothing worse than overlooking tax deductions and credits that could have resulted in more money in the bank. The IRS doesn’t make it any easier either with their constantly changing tax codes and deadlines. But one thing they won’t tell...
Jul
28
The 5 Rules of Deducting Medical Expenses
Medical expenses can take up a major part of your budget, especially if you don’t have funds set aside for any unexpected emergencies. Luckily, just as the doctor ordered, the IRS gives taxpayers a few breaks in the form of tax deductions. Before y...
Jul
13
Finished Your Taxes? What Tax Records to Keep
After completing your taxes and waiting patiently for your refund, it feels like it’s finally all over. But not so fast. The best thing you can do now to set yourself up for an easier tax season next year is to keep relevant records, preferably in ...
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