Do Your Own Income Tax

Do Your Own Income Tax

How To Do Your Own Income Tax Moving Out of State

Are you thinking about moving to a different state, or maybe you already spend a lot of your time in more than one state? Some do this to take advantage of a better job opportunity or being closer to a family member. Others who are retired might be looking for a state where the taxes are lower. In any case, if you do your own income tax, it might get more complicated. View full post…

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How To File Your Taxes by Yourself

How To File Your Taxes by Yourself

How To File Your Taxes By Yourself & Avoid These 4 Filing Mistakes

Time and again, many taxpayers make the same errors when filing their tax returns. Every error doesn’t mean that your return will be pulled for an audit, but it’s best to make sure you’re as accurate as can be. Knowing how to file your taxes by yourself isn’t hard either.

Making these common mistakes may delay a much needed refund, especially if the IRS mails you a notice and you mail a response back. Besides, some errors may lead to View full post…

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Best Way to Do Taxes Yourself

Best Way to Do Taxes Yourself

Do You Want to Know the Best Way to Do Taxes Yourself?

The best way to do taxes yourself depends a lot on your knowledge of the current income tax code. If you’re a first-timer, just out of school, you might not want to tackle this job using a pen and ink, and then mail your return to the IRS and your state of residence.

If you have a very simple return such as a W-2 and bank interest, you can file your return for free at one of the do it yourself tax sites who offer that type of service. However, if you’re going to be using itemized deductions and/or other tax credits, you will not View full post…

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Filing Your Own Taxes

Filing Your Own Taxes

Filing Your Own Taxes Doesn’t Have To Be Hard. Read These 4 Tips

When I had enough income that required me to file a tax return, I used my family’s accountant. He was a local accountant, and certainly wasn’t cheap. Over the years, I stayed with this guy for convenience, and hadn’t even considered that maybe filing your own taxes would be better.

It wasn’t until I discovered a major View full post…

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How To Do Taxes When Self Employed

How To Do Taxes When Self Employed

How to Do Taxes when Self Employed – Top 3 Tips

With the massive loss of jobs due to the pandemic, many individuals joined the ranks of the self employed. They became known as gig workers such as an Uber driver, Instacart shoppers, delivering for Amazon, and many others. It meant you had to know how to do taxes when self employed, and these taxes became a little more complicated.

If you worked for an employer at their office, for instance, all required taxes were withheld from your pay and sent in to View full post…

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File Taxes if Self Employed

File Taxes if Self Employed

How To File Taxes If Self Employed In 3 Easy Steps

If you’re a freelancer, or basically work for yourself, you’ll probably need to file an IRS Schedule C when tax time rolls around. This would include you folks that have a side gig, or maybe run a small business too. When you file taxes if self employed, you need to be aware of some of the tips that may save you time and your hard earned money.

We’ll cover who has to file a Schedule C – how it works – what it is, and what it does to your tax return. View full post…

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Taxes on the Sale of a Foreign Home

Taxes on the Sale of a Foreign Home

How Is the Sale of a Foreign Home Taxed?

There are many U.S. citizens who live and work part or full time in a foreign country. At some time, they will be faced with the taxation on the sale of a foreign home when they decide to move back to the USA. Many, as well, have enjoyed the balmy weather of Southern France, but miss the View full post…

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Cheating On Your Taxes

Cheating On Your Taxes

8 Ways You May Be Cheating on Your Taxes

There are many ways you can be cheating on your taxes without even being aware of it. Often times a well-meaning friend or relative will tell you that some type of income isn’t taxable because they’ve been doing it for years and the IRS hasn’t said anything. Ever hear that?  We all have, I believe.

Doing all you can to legally avoid taxes is okay, but it’s never okay to evade taxes. Maybe we’re “old fashioned” here at our firm, but we firmly believe that everyone should View full post…

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More State Taxes Due to the Pandemic

More State Taxes Due to the Pandemic

You Could Be in for a Tax Surprise by Working from Home During the Pandemic

Practically every state in the U.S. has a requirement, that anyone who does work within their state, must file a tax return there and pay state taxes. It doesn’t matter where you live either, and this might be a big tax surprise for some remote workers.

Many wage earners were required to relocate to another state because of Covid-19. Even though their move was temporary, as long as they earned income View full post…

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Do Your Taxes Online

Do Your Taxes Online

Do Your Taxes Online & Stop Paying Those High Fees

Tax Slayer Makes Filing Fast, Easy, and 100% Accurate

Filing your taxes is a process that we all would like to avoid, and for many good reasons. Not only is the process typically very time consuming, but it can also be so intimidating to know how to properly file your tax information and answer all of the questions correctly. You can do your taxes online here and avoid all of that hassle.

You can hire View full post…

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