Category: Blog

12

Aug2016
    If you are a regular tax payer, IRS will have all your past records with them. It is important to understand how to request a copy of a tax return so you can access that information in a timely manner.  There are many reasons why you ... Read More
August 12, 2016admin

02

Aug2016
Taxes are levied on every business. A husband and wife business has different family business tax requirements from a normal business. Here are some family business tax rules which are applied when the employees are family members: Employer/employee relationship between husband and wife There are two scenarios in this case: One spouse ... Read More
August 2, 2016admin

02

Aug2016
    Difference between a Child Tax Credit and Additional Child Tax Credit Child Tax Credit is issued to people who have children. They can lower their tax bill by claiming tax credit on a child. If the tax balance is below zero dollars the tax credit cannot be claimed. The ... Read More
August 2, 2016admin

02

Aug2016
The most awaited amount of money is the money you are expecting as a Tax refund from the IRS. If you have filed for the return electronically you should expect a response within 21 days. On the other hand if you have filed on paper you need ... Read More
August 2, 2016admin

02

Aug2016
You don’t keep one job all your life. There are many times when you switch from one job to another or you might start a business of your own. Sometimes you might lose the job completely. All these scenarios are possible in your career. Here are some tax related issues related ... Read More
August 2, 2016admin

02

Aug2016
Taxes are the bitter truth of our lives which are unavoidable in all sorts of circumstances. There are certain events in our lives which have an impact on the way the taxes are levied. Here are the few events listed:  Birth or Adoption of a Child The biggest life changing event in ... Read More
August 2, 2016admin

27

Jul2016
    As a Tax payer you must be aware of all the terms and tax benefits that you can get. May people are unaware of Additional Medicare Tax which was implemented recently in the year 2013.  It was implemented in the basis of Affordable care Act ... Read More
July 27, 2016admin

27

Jul2016
  Newly Wed couples face so many changes in their lives. They start a new home, they adjust to the new routine, decide upon sharing bills and other payments, match their job timings, along with that another major change that they face is in their tax status.  There are ... Read More
July 27, 2016admin

27

Jul2016
  According to the IRS, if you are employed you need to fill out the tax form W-4. Purpose of the W-4 Form Through the W-4 IRS form the employers get a clear idea about the amount of money they need to withhold from the employee’s paycheck. W-4 form serves ... Read More
July 27, 2016admin

27

Jul2016
    Most of the people believe that they will have to pay fewer taxes when they are retired. But in some states the situation gets the other way round. The tax payer has to pay more shares in taxes when he is retired. It depends on the amount of ... Read More
July 27, 2016admin