Article Highlights When to seek professional assistance Examples of times where tax saving moves can be made Waiting for your regular appointment to discuss current tax-related issues can create problems or cause you to miss out on beneficial options that need to be timely exercised before year-end. Generally, you should call this office any time you have a substantial … [Read more...] about Important Times to Seek Assistance
Tuition for School to Treat Learning Disabilities is Deductible
Article Highlights: Tuition To Treat Learning Disabilities is Deductible Medical Deduction Special Teaching Techniques IRS has privately ruled that for a child diagnosed with multiple learning disabilities, tuition paid to attend a school designed to assist students in overcoming their disabilities and developing appropriate social and educational skills was a deductible … [Read more...] about Tuition for School to Treat Learning Disabilities is Deductible
Receive Your Refund Faster With Direct Deposit
Article Summary: Speed Security Convenience Options Funding an IRA Don’t wait around for a paper check. Have your federal (and state, if applicable) tax refund deposited directly into your bank account. Selecting Direct Deposit is a secure and convenient way to get your money into your pocket more rapidly. Speed - When combining e-file with direct deposit, the IRS … [Read more...] about Receive Your Refund Faster With Direct Deposit
President’s Budget Proposal
Article Highlights: Individual Provisions Gift & Inheritance Provisions The President’s Fiscal Year 2016 Budget Proposal was just released and includes a number of tax proposals that would increase the taxes on higher-income taxpayers and provide more tax breaks for low- to middle-income taxpayers. The following are some highlights of the budget proposal that would … [Read more...] about President’s Budget Proposal
February 2015 Individual Due Dates
February 2 - Tax Appointment If you don’t already have an appointment scheduled with this office, you should call to make an appointment that is convenient for you. February 2 - File 2014 Return to Avoid Penalty for Not Making 4th Quarter Estimated Payment If you file your prior year’s return and pay any tax due by this date, you need not make the 4th Quarter Estimated Tax … [Read more...] about February 2015 Individual Due Dates