Tag Archives
withholding taxes

Is it Time to Change Your Tax Withholding Code?

Every so often, it pays to update your tax withholding code to avoid owing a big tax bill at year’s end. Otherwise, you are essentially loaning the government your hard-earned money at zero interest. Especially if you’ve gotten married or had a baby in the last year, consider updating your information with the IRS today.

irs scams

Learn to Recognize the 3 Most Common IRS Scams

Around tax season, it’s important for everyone to remain vigilant with protecting personal data because of an increasing number of IRS scams nationally. By learning these warning signs now, you can avoid becoming the next victim.

interest expense

Interest Expense Deductions You May Be Missing

Businesses and individuals begrudgingly pay interest, because it appears little is to be gained. This is not entirely true. Interest expense, in certain cases, is tax-deductible.

investing your tax refund for retirement

Smart Options for Investing Your Tax Refund for Retirement

After tax day, we are rewarded with the fun task of deciding what to do with our income tax refund. Before buying anything this year, consider some of our smart strategies for investing your tax refund for retirement.

irs audit myths

Unfounded IRS Audit Myths

Like old wives tales, IRS audit myths, often with little basis in reality, have been handed down through generations of American taxpayers.

IRS Audit Triggers

IRS Audit Triggers and How to Avoid Detection

Everyone dreams of paying no taxes (or claiming a significant sum of cash in the form of deductions), but filing taxes is rarely as enjoyable as Christmas. That becomes especially true when an IRS agent comes knocking at your door and accuses you of tax evasion. Listed below are a few techniques that you can use to avoid key IRS audit triggers with 007-esque stealth.

3 Small Business Tips that Will Lay the Path to Saving Money in 2015

These 3 Small Business Tips For Landscapers Could Save You Thousands this Season

While winter may be a bit of a down season for landscapers in terms of physical work but, that doesn’t mean it has to be entirely unproductive. It’s tax season which means you’re probably working together with your office manager or your accountant to make sure your taxes are filed correctly. Regardless of who does your taxes, it is still a relatively painful process but, there are ways to alleviate some of the financial stress associated with filing. Listed below are some of our money-saving small business tips for landscapers that you can use this tax season.

pay your tax debt in monthly payments with an installment agreement!

Income Tax Installment Agreements

After filing your taxes, if you’re unable to pay your tax debt immediately because it’s beyond your means, the Internal Revenue Service (IRS) gives you the ability to enroll in an installment agreement. This allows you to repay your tax debt in monthly payments to lessen the financial burden.

tax extension deadline

How Will the Government Shutdown Affect the Tax Extension Deadline?

The simple answer is that the tax extension deadline won’t be affected, and you’re still expected to file your tax return. The not-so-simple answers are to the questions about how and why this is happening, how else we’re being affected, and what we can do to help ourselves.

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