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.read more
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.read more
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.”read more
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?read more