What Income is Taxable and What is not Taxable Income?
All income is taxable unless the law excludes it. Here are some basic rules you should know to help you file an accurate tax return: • Taxed income. Taxable income includes money you earn, like [...]
Change your name last year – It may effect your taxes
Did you change your name last year? If you did, it can affect your taxes. All the names on your tax return must match Social Security Administration records. A name mismatch can delay your refund. [...]
IRS Warns again against Bogus Phone Calls!
Tax scams take many different forms. Recently, the most common scams are phone calls and emails from thieves who pretend to be from the IRS. They use the IRS name, logo or a fake [...]
Maintaining Health Insurance Coverage for your Taxes
Gathering documents and maintaining well-organized records make it easier to prepare a tax return. They can also help provide answers if the IRS needs to follow-up with you for more information. You will not need [...]
Top 10 re: Capital Gains/Losses from IRS
When you sell a capital asset the sale results in a capital gain or loss. A capital asset includes most property you own for personal use or own as an investment. Here are 10 facts [...]