The first step to maximizing your tax refund - and possibly keeping the
IRS at bay - is to use the correct filing status on your tax returns. If
only it were as simple as choosing Single or Married. But alas, there
are a whopping five (5) filing stat...read more
Be prepared and make tax preparation a breeze! Imagine how beneficial
and stress-free it would be to not rush around last minute gathering
your tax info. You can begin by making a list of what's changed since
last year and gather your supporting docu...read more
The end of the year is more than just holidays, great food, and family!
It’s also the perfect time to make smart money decisions, take action to
reduce your tax liability and give yourself peace of mind! The following
links are filled with tips and s...read more
My 22 year old grandson was a full time student until graduation in May
of this year. His parents paid his tuition and living expenses until
graduation, but will NOT claim him as a dependent. He got a full time
job in June and pays more than 50% of h...read more
bgoodreau01Posted Saturday
| Latest post 20m ago by
rjs
Hello, I just checked my Form 4562 and noticed that the business use
percentage has not increased since I started listing the property as a
rental. I have correctly answered the TT question, indicating that the
property was fully rented in both 2023 ...read more
Can someone give advice on what to do? My husband and I were legally
separated last year so I filed my taxes as separate last year. We are
back together and are planning to do married filing jointly ( so that's
what I used on my W4 for the first half...read more
Thank you all for your responses but may I zero on on specific questions
for clarity? 1. My grandson will not be claimed as a dependent by his
parents and his $25,000 in earned income will be greater than 1/2 of his
living expenses even though he wil...read more