Tax season is wrapping up, but for those of you that haven’t completed your records yet, there are some things you should know. Implementing the following tips could save you from making critical errors on your return and significantly lower your stress level.
Is this Deductible?
When you become a new parent, you understand how expensive—and joyous—it is to care for a child. Luckily for you, there are tax breaks to help you pay for some costs associated with a new child.
5 Things You MUST Bring to Your Tax Preparer’s Office
1. Identification
When filing your own taxes, you need to prove that you are, in fact, who you say you are.
4 Things You Need to Know About Capital Gains Tax
A capital gain occurs when you sell something for more than you bought it for. For instance, if you bought a car for $3,500 and sold it for $3,750, you have a capital gain—and you will be taxed on it! Here are 4 things you need to know about capital gains tax:
5 Last-Minute Things to do NOW to CASH-in at Tax Time
Now is the perfect time to review your finances and estimate your taxes for 2015. This will serve as an incentive to consider all possible strategies. Here are 5 things you can do to maximize your return at tax time!