4 Easy Steps to File Your Income Tax Extension

April 7, 2013 Tax News 0 Comments Print this page Share

Your 2012 income tax return is due on April 15, 2013. What if you can’t get it done on time? Here are 4 easy steps to file your income tax extension.

 

 

1) Prepare a Tax Projection

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4 Easy Ways to Start Your 2013 Tax Planning and Save Money

January 20, 2013 Tax News 0 Comments Print this page Share

The New Year’s celebrations are over.

 

The New Year’s Resolutions are starting. We’ll see how long they last.

 

Many people feel income taxes are going up. I’m confident they are for the higher income earners.

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Why the Fiscal Cliff is Fiscally Irresponsible

December 3, 2012 Tax News 0 Comments Print this page Share

 

The Federal Government and the country are set to go off the Fiscal Cliff on New Year’s Day.

 

The term Fiscal Cliff refers to number of laws that if they remain unchanged, could result in significant tax increases and spending cuts.

 

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8 Reasons You Will Pay More Taxes in 2013…Guaranteed

October 30, 2012 Tax News 0 Comments Print this page Share

1) Increase in Ordinary Income Tax Rates

The highest ordinary income tax rate is 35%.  This is scheduled to go up to 39.6%

 

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Fifty Shades of Tax Deductions

October 22, 2012 Tax News 2 Comments Print this page Share

 

No Fifty Shades of Grey here.  Here are Fifty Black and White Tax Deductions and Credits.

1) Standard Deduction – Taxpayers can take the higher of the Standard Deduction or their Itemized Deductions.

2) Medical Expenses

3) Medical Miles – The deduction for medical miles is currently 23 cents per mile.

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