November 7, 2014

Tax Tip for November 2014

Consider a health savings account (HSA). Investing in an HSA gives you a current-year tax deduction while providing a savings account to use to pay out-of-pocket […]
October 31, 2014

Pay Attention to the IRS Rules for Charitable Donations

As the year draws to a close, you may decide to donate cash or property to one or more worthy causes. Besides the satisfaction of helping […]
October 2, 2014

October 15 Is The Final Tax Deadline

If you requested a six-month extension to file your 2013 income tax return, you face a major deadline on October 15. That’s the final date for […]
September 19, 2014

Health Insurance Premium Tax Credit Checkup

If you purchased insurance through the Health Insurance Marketplace, you may be getting advance payments of the premium tax credit. These are paid directly to your insurance company […]
September 5, 2014

Tax-Saving Strategies for Child Care

Are you a working parent looking for ways to ease the burden of child care expenses? There are several tax-saving strategies available to you. First, there’s […]
August 29, 2014

September 15 Tax Deadlines for Business

September 15 is an important tax filing deadline for partnerships and corporations. It’s the filing deadline for 2013 tax returns for calendar-year corporations that received an […]
August 25, 2014

Oops! You forgot something on your tax return. Now what?

Whew! The rush is over once your personal income tax return is done for another year – or so you thought, right up until the moment […]
August 15, 2014

2015 HSA Contribution Limits Announced

The IRS recently announced the inflation-adjusted contribution limits for health savings accounts (HSAs) for 2015. HSAs allow taxpayers with high-deductible health insurance plans to set aside […]
July 31, 2014

Gift Tax

A gift to one person for over $14,000 may require a gift tax return unless the gift was a direct payment for medical services or education. […]