Archive for the ‘All Items’ Category

What Income Bracket is the Highest for Taxes?

in All Items, Highest Taxes, Income Bracket, Tax Information

Everybody wants to pay as few taxes as they can; that’s just a fact of life. As a result, people are often curious to know who pays the highest taxes, usually in a quest to try and avoid being one of those people. Most think that the amount of taxes you will be forced to pay is based … more


Can Self-Employed People Get Lower or Higher Tax Rates?

in All Items, Self-Employed, Tax Information, Tax Rates

It can often seem like the self-employed person has to pay higher tax rates than the traditional employee. While every person and every situation will be different, the self-employed can find ways to save money on their taxes. One of the very best things you can do for yourself, as a self-employed person, is to seek out a skilled accountant … more


What Common Mistakes are Made on Tax Forms?

in All Items, Tax Forms, Tax Information

Tax forms typically feature lots of lines and spaces, all just waiting for you to leave your mark and to fill them with facts and figures. With so many things expected of you coupled with the fact that most taxpayers are in a rush to get their forms in under the deadline, it’s all too easy to make … more


Tips to Avoid Overpaying Taxes

in All Items, Tax Information, Tax Tips

Most of us don’t have a lot of money to throw around and, in this economy, need to save every penny possible. This is why it can be so disheartening to find out that you’ve been overpaying on your taxes. The good news is that, even if you’ve made the mistake of overpaying in the past, you don’t have to … more


When is the Last Date Allowable for an IRA for this Year’s Taxes?

in All Items, Retirement, Tax Information

When it comes to filing your taxes successfully, it’s all about meeting deadlines. Yes, you do have to work hard to ensure that all of your tax forms are filled out correctly and accurately. Even if you have the most meticulous tax forms around, however, it still won’t matter if you get those forms in past the April … more


Why Should Self-Employed People File Quarterly Taxes?

in All Items, Filing Taxes, Quarterly Taxes, Self-Employed, Tax Information

Many self-employed individuals feel that it is a wise choice to file their taxes on a quarterly basis. Some feel that doing so helps them to stay more organized and to keep better track of deductions, earnings, and other related figures. No matter how you feel about quarterly taxes, you should know that, in some cases, you may … more


What is the Estimated Wait Time to Receive Your Tax Refund?

in All Items, Tax Information, Tax Refund

Nothing feels better than finding out that, instead of being forced to pay taxes, you qualify for a tax refund. If you’re like most people, you probably immediately start making big plans for what you’re going to do with that refund check. The thing is, however, that it can take a while for the money to actually arrive, … more


Do People with Disabilities or Handicaps Get Special Tax Deductions?

in All Items, Disabilities or Handicaps Tax Deductions, Filing Taxes, Tax Deductions, Tax Information

If you suffer from a disability or a handicap, you should be aware that you may be qualified to certain money-saving tax breaks. Many individuals with such conditions are unaware of the special deductions for which they can qualify and, thus, end up missing out. If you have a handicap or a disability, take the time to research … more


What Forms are Required for a Self-Employed Person to File Taxes?

in All Items, Filing Taxes, Tax Forms, Tax Information

There are many wonderful benefits to being self-employed. You get to work when and where you choose. You can set your own pay rate, deadlines, and more. One downside to being self-employed, however, is that you’re on your own when it comes to paying taxes. While others are provided necessary forms by their employers, it’s up to you … more


Tips for Preparing for Tax Season

in All Items, Tax Information, Tax Tips

Ready or not, tax season is here, and the sooner you file your taxes, the better! Whether you’re doing the job yourself or going to a preparer, know that you can’t receive your refund or get those payments out of the way until the filing has been done and done correctly. Before you can file, however, you’ll need … more