Category: Tax Preparation
If you’re like most taxpayers, tax season means two things: Ugh! and money. Ugh should be pretty self-explanatory, since most people just hate doing their taxes. But once you leap over that hurdle and get down to filing, it’s all about the green....
Congratulations. You’ve officially made it to 2021! Or actually, perhaps we should rephrase since we’re over two months into the year. Instead, we should say you’ve officially made it to the 2021 tax season. But oddly enough, for the same reaso...
Imagine: It’s the end of the year, and you’re looking forward to the next one. After a full calendar’s worth of positives and negatives, you’ve almost reached the reset button and move forward. We know the feeling! There’s nothing quite lik...
Make no mistake: Owning and operating a business will be the hardest job you ever have. Because your job is supporting and facilitating everyone else’s job—and making sure your business thrives. Your business is your livelihood! Not only does it ...
Taxes come but once a year, and when they do, good luck ignoring them. From constant ads to news reminders, we bet you’ve had at least one sleepless night or distracted workday thinking about tax return filing. To sum up, your individual tax return...
You know the feeling. While the clock is ticking toward half-past-who-knows-when, you’re staring at a stack of tax forms and receipts as your computer dares you to quit. But quitting is not an option when it’s officially Tax Day. Right about then...
Let’s talk tax credits. Ignoring every other complicated equation and factor, your tax bill really comes down to two things: how much you’ve earned and how many expenses you’ve accrued. On the earning side, your income serves as the main fa...
“Should I itemize my deductions?” “Do you take the standard deduction, or itemize?” Not to make too many assumptions here, but there’s a good chance that in the past couple of years, you’ve take the standard deduction. And...
