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Archive of ‘Taxes’ category

Tax Deductions for the Unemployed

tax deductions for unemployed

Losing your job is one of the most stressful things you can go through. However, it doesn’t give you an excuse to not pay your taxes or pay attention to tax deductions that you qualify for. Unemployment checks are taxable It is important to remember that unemployment compensation is taxable. Take it from me, you […] Read more…

Top 10 Tax Deductions for Parents

tax deductions

Being a parent is perhaps one of the most important responsibilities in life. It changes your life as well as your finances. And that’s why the IRS provides multiple tax deductions for it. Why not lower your taxes and get all of the tax deductions you qualify for? Whether your child was just born, is […] Read more…

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Last Minute Tax Tips

tax tips

Tax Day is almost here and if you haven’t gotten started yet, there’s good news. You have 2 extra days this year! Taxes aren’t due until April 17, just like last year. Why? Typically Tax Day is April 15. The deadline was delayed since it lands on a Sunday this year and the following Monday […] Read more…

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6 Best Online Tax Preparation Software

online tax preparation software

For many people, tax season is a dreaded time of year. They worry about keeping up with all of their deductions, the possibility of owing a substantial tax or if they will be audited for their past years’ tax returns. However, one thing that doesn’t have to be a chore is finding a reliable and […] Read more…

New Tax Laws for 2011

tax table 2011

The new tax law, signed by President Obama on December 17, 2010, temporarily extends the 2001 – 2003 federal income tax rate cuts, extends unemployment for 13 months, implements new payroll tax breaks, reestablishes the estate tax, and more. This is good news for most taxpayers. With this long recession, we all need tax breaks, […] Read more…

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