Victims of Hurricane Isaac may qualify for tax relief from the IRS. After FEMA (Federal Emergency Management Agency) issued disaster declarations for individual assistance, the IRS announced September 7, 2012 that affected taxpayers in Louisiana will receive tax relief, and based on additional damage assessments by FEMA other locations may be added in coming days. [Read More...]
Between getting the kids back into the school routine, packing lunches and scheduling after-school activities, back to school time can be stressful around most households. Not to mention, the cost of the kids going back to school seems to be increasing. From clothes to gear to school supplies, it seems that we are spending a fortune. Here are a few tips to help you cut down on some of the costs when your kids are going back to school. [Read More...]
11. August 2012 01:30
With the U.S. unemployment rate at 8.3%, many Americans are left looking for a new job. You may be able to deduct some of your job hunting expenses like phone calls, career counseling and the costs of preparing and mailing your resume if you are looking for a new job that is in the same line of work. The IRS recently released a list of seven tips to keep in mind when deducting costs related to your job search. Here is what you need to know. [Read More...]
1. June 2012 00:37
Now that tax season has passed, it’s time to start planning to ensure you get the biggest tax refund for tax year 2012.
1. Estimate your 2012 taxes now with our tax calculator
The easiest way to find out if you are on the path to the largest refund next year, is to simply enter your income and w... [Read More...]
As if your tax return wasn’t confusing enough, you have now gotten a job across the border from the state where you live. So now that you live in one state and work in another, to whom do you pay state taxes?
Let’s look at the various possibilities for state tax filing, from the most tear-induci... [Read More...]