Merry May Tax Moves
Welcome to the merry, merry month of May, which is particularly joyous for folks who’ve finished up their 2016 tax returns. That’s almost 136 million of us, with around 17 million of those 1040 forms arriving at Internal Revenue Service processing centers in the final days of this year’s main filing season. While the 2017 […]
Tax Tips for Families who Use a Nanny
Hiring a nanny will impact your life in many ways, including your finances. In addition to the salary you pay your nanny, you are expected to pay a combination of taxes. Neglecting to do so could lead to trouble with the IRS, including large penalties. Commonly referred to as the “nanny tax,” this is nothing […]
Still Time to Act to Avoid 2014 Tax Surprises
Even though only a few months remain in 2014, you still have time to act so you aren’t surprised at tax-time next year. You should take steps now to avoid owing more taxes or getting a larger refund than you expect. Here are some actions you can take to bring the taxes you pay in […]
