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Square One

personal finances, income tax | January 04, 2016 image description
personal finances, income tax | January 04, 2016

If you're about to embark on doing your taxes for the first time, you might feel a bit … lost. Sound familiar? Well, you can relax. We can shed some light on what you need to know and do now.

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Get Ready, Get Set …

income tax, preparation | December 28, 2015 image description
income tax, preparation | December 28, 2015

In these last few days of 2015, let's take a look at how to get a jump on your yet-to-be-filed 2015 tax return, long before the first W-2 has been printed. Just one hour or less of work now can mean your next income tax return could be e-filed in the blink of an electron.

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When Your Number Comes Up

IRS, income tax, your tax return | December 01, 2015 image description
IRS, income tax, your tax return | December 01, 2015

At some time in your life, it’s a fair bet you’ll get one of those nice “invitations” from the IRS, telling you you’re being audited. And while there are some definite steps you should take, the first rule of thumb comes from our British friends: “Keep Calm and Carry On.”

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When You Miss the Boat

income tax, preparation | November 09, 2015 image description
income tax, preparation | November 09, 2015

OK – you came running down the pier,  financial baggage in hand, expecting to jump on the ship that leaves promptly on time. Your ticket requires a filed income tax return, but for whatever reason, you weren’t able to do that.

Maybe that W-2 you were banking on just didn’t show up in time; maybe your son at college decided to do his own taxes and you lost the exemption; maybe the time just got away from you. No matter.

What matters is, the S.S. IRS has pulled away from the dock. Now what?

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