April 2015 Tax Calendar
April 10
Employees who work for tips – If you received $20 or more in tips Continue reading April 2015 Tax Calendar
Penalty Relief for ACA Tax Credits
Penalty Relief for ACA Tax Credits for Overpayments of Estimated Tax Credits
Many customers of ACA Exchanges may find they have no 2014 refund … and may be in dire need of ACA Penalty Relief.
Beginning in 2014, an eligible individual or family member covered under a qualified health plan through a Health Insurance Marketplace (Exchange) is allowed Continue reading Penalty Relief for ACA Tax Credits
Grab These Business Car Deductions!
Grab These Business Car Deductions
How can you maximize your business car deduction? Whether you’re self-employed or an employee, if you use a car for business, you get the benefit of business car deductions on your taxes.
There are two choices for claiming your Continue reading Grab These Business Car Deductions!
Who MUST File a Tax Return in 2014?
Who MUST File a Tax Return in 2014?
Most people file a tax return because they have to, but even if you don’t, there are times when you should because you might be eligible for a tax refund and not know it. This year, Continue reading Who MUST File a Tax Return in 2014?
Overlooked Tax Breaks for Individuals
Overlooked Tax Breaks for Individuals
Confused about which credits and deductions you can claim on your 2014 tax return? You’re not alone. Here are six often overlooked tax breaks for individuals that you won’t want to Continue reading Overlooked Tax Breaks for Individuals
Tax Calendar for March 2015
Tax Calendar for March 2015
March 2
Businesses – File information returns (Form 1099) for certain payments you made during 2014. These payments are described under February 2. There are different forms for different types of payments. Continue reading Tax Calendar for March 2015
Obamacare Changes to Tax Forms
Obamacare Changes to Tax Forms
This year, there are some Affordable Care Act Changes to Tax Forms. Along with several new lines on existing forms, there are also two new forms that Continue reading Obamacare Changes to Tax Forms
Missing Form W-2
You should receive a Form W-2, Wage and Tax Statement, from each of your employers for use in preparing your federal tax return. Employers must furnish this record Continue reading Missing Form W-2
IRS Warns of Phishing & Phone Scams
rs about rampant Phony Phishing & Phone Scams with criminal impersonation in phone calls, as well as phishingYour Taxes and Obamacare
Your Taxes and Obamacare
I have addressed certain components of the Affordable Care Act in previous posts alerting readers to some of the highly discriminating new taxes targeting high earners, which were Continue reading Your Taxes and Obamacare