Five Things I’m Thankful for This Tax Day
Happy Tax Day! After three weeks of working without a day off and dissecting hundreds of returns, the end – at least for the moment – is finally here! Yes,…
Category: Tax
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Three Scenarios That Keep My Work Interesting
I know the past few posts have been pretty tax heavy, but I can’t think of much else when I spend most of my day reviewing return after return. Despite… -
When All Else Fails, File This Form on April 15th
It’s been a crazy couple of days at work. And it’s only going to get worse before it gets better. Our tax preparation team, which I manage, received a mountain… -
Three Tax Deductions That Make Life Easier for Schedule C Filers
I run into a lot of Schedule C filers in my practice. They have the hardest time calculating and justifying their returns. Part of the problem stems from the fact… -
What You Need to Know For the April 15th Tax Deadline
We are in the home stretch! For those of you that still haven’t filed your income tax return, you have a little more than two weeks until the initial filing… -
What Everyone Ought to Know About Their Income Tax Returns – Part 5
GET RID OF TAX RETURN ANXIETY ONCE AND FOR ALL Congratulations! You’ve made it to the end of learning the fundamentals of your income tax return. A couple of more… -
What Everyone Ought to Know About Their Income Tax Returns – Part 4
THE SECRET BEHIND YOUR TAXABLE INCOME We’ve made our way to the second page of the 1040. And believe it or not, the knowledge you acquired from the previous… -
What Everyone Ought to Know About Their Income Tax Returns – Part 3
YOU DON’T HAVE TO BE RICH TO REDUCE YOUR TAX LIABILITY In the first part of this series, you learned about starting off your return on the right foot and… -
What Everyone Ought to Know About Their Income Tax Returns – Part 2
THE SIMPLE GUIDE TO GROSS INCOME In Part 1, I introduced you to two key components at the beginning of your Form 1040. Now we get down to business and… -
What Everyone Ought to Know About Their Income Tax Returns – Part 1
HOW TO START YOUR RETURN ON THE RIGHT FOOT As in any important relationship, you need to make a good first impression on your return. Messing up your name,… -
What Everyone Ought to Know About Their Income Tax Returns – An Introduction
Happy Monday! Now that we are a couple of weeks into the New Year, most of us are easing our way back into regular, post-holiday life. That life, for me,… -
Additional Year-End Considerations for Same-Sex Couples
In compiling my year-end checklist, I couldn’t help but think about those same-sex couples whose lives have changed this year because of the Windsor case. And because of this new… -
Retirement 101: Roth Contributions vs. Regular Contributions
I want to go back to a pretty important concept regarding the savings vehicles I have covered. I mentioned that you can choose accounts that allow you to contribute pre-tax…