-
Tax Return Review Hints
Tax Return Review Hints Prior to e-filing or mailing your tax return, you will want to spend some time reviewing your information for accuracy. Here are some tips. Prior to e-filing your tax return, you will want to check it for accuracy. Outlined here is a checklist of things to review on your tax return. The Basics Confirm the basics for you, your spouse and your dependents: Name, address, Social Security Numbers and proper identification of dependents that are under age 17 Double check filing status Confirm your income amount. Start with line 22 total income. Does the amount seem
-
IRS May Retain $1 Billion in Taxpayer Refunds – File now to receive your refund
IRS May Retain $1 Billion in Taxpayer Refunds – File now to receive your refund The IRS is going to keep close to one billion dollars in unclaimed refunds from those who have not filed a 2012 tax return. Do not let this happen to you or someone you know. The IRS estimates that one million taxpayers may lose close to $1 billion in refunds if they do not file their 2012 tax return before the upcoming April filing deadline. Don’t let this happen to you or someone you know. Here is what you need to know. The three-year rule.
-
Supplement Your Retirement Outside Retirement Savings Accounts – Five great ideas
Supplement Your Retirement Outside Retirement Savings Accounts – Five great ideas In addition to Social Security, retirement accounts are a primary resourse for income when you retire. But these aren’t the only tax advantaged tools available to you. Here are five other great ideas to supplement your retirement income. The tax code is very specific in helping you save for retirement through use of IRA’s, 401(k)’s, 403(b)’s, and benefit accounts. However, there are other tax savings to be had if you know where to look. Here are some tax-advantaged ways to earn more during your retirement. Rent your home. You
-
Five Tips for Non-Cash Charitable Contributions
Five Tips for Non-Cash Charitable Contributions One way to protect the value of your charitable donation deduction is keeping good records. Here are five tips to help ensure your deductions are iron clad. The IRS is quick to disqualify your non-cash charitable contributions if you do not have adequate records to support your donation. Here are five quick tips to ensure this does not happen to you. Get a receipt. Whenever you donate items of value please get a receipt from the charitable organization. It should include the name of the organization, the date of the gift, a general description
Opening : Mon-Fri 08:00 – 17:00