Filing your taxes when you move out of state can quickly become complicated. Consider all of these factors before you file. Q: We sold our house in Connecticut and moved to Virginia. Do we have to file income taxes in both states? Our house was sold in end of July of last year and we [...]
If you've waited to the last minute to file your taxes, you probably need a few tax hacks to both reduce the amount of tax you owe and make sure that you don't run afoul of the IRS. Here's my list of favorite things you can do before your taxes are due: 1. April 18, [...]
Everyone makes mistakes, but if your mistake happens to come in the middle of filing your taxes, you may find yourself facing a delayed refund (if you’re owed one), or a lengthy amendment process. According to the IRS, people who manually file their tax returns are about 20 times more likely to make mistakes than [...]
The deadline to file your taxes is nearly here. Perhaps you are still waiting for the right paperwork in order to file your tax return. Or maybe your life circumstances have changed, and you are feeling overwhelmed. You may be considering filing for either a federal or state extension in order to effectively manage this [...]
If you lose your job, your tax bill probably isn’t going to be the first thing on your mind. But when you file for unemployment, you’ll need to pay attention to your state’s tax laws. I live in California, which doesn’t tax unemployment benefits, so I was surprised to find that the majority of states [...]
This article was written by guest blogger Eva Rosenberg. Whether you understand enough about tax law to prepare your own tax return or you called in a pro to file your taxes, you probably believe your tax return was correct. But what if your refund is much less than you expected it to be? Why [...]
This article was written by guest blogger Miranda Marquit. Are you a participant in the last-minute dash to the post office every Tax Day? Does the sprint to get your tax return post-marked by midnight stress you out each year? If so, break the cycle. Jumpstart the tax filing process and avoid the long lines. [...]
After 20 years of working with the same clients, it still astonishes me that every year the very same people forget to bring the very same documents to me when they are filing taxes. One of the nice things about working with a tax pro is the organization that he or she can offer you. [...]
This article was written by guest blogger Eva Rosenberg. Did you know that some states—including Alaska, Delaware, Montana, New Hampshire, and Oregon—have no state sales taxes at all? On the other hand, some states have a complex variety of local sales taxes with which you may want to be familiar. Deducting sales tax for a [...]
