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Tax Relief for Unemployed Taxpayers Who Can’t Pay

Tax Relief for Unemployed Taxpayers Who Can’t Pay

As if being unemployed isn’t difficult enough, unemployment benefits are taxable, which can just add to the financial burden. ­It may seem like the unemployed can’t catch a break, but the IRS may have a heart (even a small one) after all. In early March of 2012, the IRS made an announcement stating they planned [...]

24 Ways to Save on Your Tax Preparation Fees

24 Ways to Save on Your Tax Preparation Fees

In today’s economy, everyone is looking to save money on their groceries, car insurance, monthly rent expenses, and more. Luckily, this can work for tax time too. Below, we’ve outlined some of the top ways you can save money as April 15 nears, including: 9 ways to get prepared for your tax appointment 10 ways [...]

Do You Have to Pay taxes on Unemployment Income?

Do You Have to Pay taxes on Unemployment Income?

Finding Out if You have to Pay Taxes on Unemployment Benefits Unemployment remains high and is still in the double digits in some states, but many Americans are filing taxes while unemployed for the first time. Tax laws are governed by the state of the economy, and the government makes amendments from time to time [...]

Do I Need an Accountant or CPA? Knowing When to Outsource Your Taxes

Do I Need an Accountant or CPA? Knowing When to Outsource Your Taxes

Finding an Accountant Can Lead to Big Tax Savings If you’re like most Americans you probably have a good handle on completing your taxes on your own. Over the years it has become incredibly easy for anyone with a computer thanks to TurboTax and H&R Block At Home to sit down and go through their [...]