Posts Tagged ‘tax deductions’

4 Easy Ways to get Fired By Your CPA…Guaranteed…


Last week we told you How NOT to Fire Your CPA.

This week we are turning the tables and showing you 4 Easy Ways to get Fired By Your CPA.

7 Things Connecticut Taxpayers Should Do Before Filing Their Income Tax Return

1) Don’t panic. The returns are due on April 17th this year. This is due to April 15th falling on the weekend and April 16th being a holiday in Washington DC. If you can’t get your return completed and filed on time, file an extension. The federal form is 4868 and the Connecticut form is CT-1040-EXT. This will allow you until October 15th to file. The extension however only extends the time to file, it does not extend the … Continue reading »

Can I Take a Home Office Deduction?

The home office deduction is a confusing topic for many taxpayers.  Can I only take it if I am self-employed?

What if you’re not self-employed, but work at home frequently? 

And isn’t it true that the IRS is more likely to audit you if you take the deduction?

Because of these types of concerns and questions, many taxpayers that are entitled to this deduction do not take … Continue reading »

Five Last Minute Tax Deductions

April 15th is near and you're looking for a few more tax deductions.  Look no further.  Here are five last minute tax deductions.

Seven Things to Do Before You File Your Income Tax Return

The time is drawing near.  April 15th is right around the corner.  What do you need to do before you file your income tax return?