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Taxpayers Get Health Care Break

IRS, income tax filing, health insurance, health care reform | March 24, 2015

The Department of the Treasury has announced that taxpayers who used incorrect information provided on an erroneous Form 1095-A won't be liable for the corrected amounts, and won't have to file an amended tax return. That should let close to a million taxpayers breathe a little easier.

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Investing For the Future Now

taxes, federaltaxes, investing | March 23, 2015

As you work day in and day out, it’s nice to know that you’ll have a little bit stashed away for your future, when you spend your days playing golf or doing just whatever strikes your fancy. But don’t think those dreams are going to happen by themselves.

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Springing into 2015

income tax, income tax filing, income tax return | March 20, 2015

Does that look mean you haven’t filed our income taxes yet?

If the answer is yes, take a deep breath, grab another cup of coffee and have a seat on the couch. Relax. We’ve got you covered.

While the amount of time left before the income tax deadline is dwindling, there’s still plenty of time to e-file. It just takes a wee bit of planning and, of course, e-filing on 1040.com.

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Deductions: Not What They Used to Be

deductions, income tax filing, income tax return preparation, medical expenses | March 18, 2015

The decision whether to itemize deductions or not has become a little easier to make this year - unfortunately, not for the reason we’d like. Medical expenses now have to total more than 10 percent of the taxpayer’s income before they can be itemized, putting that deduction out of reach on many returns.

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