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services
- June 15, 2021
A Guide to Where Tax Money Goes
Every time you receive a paycheck, I am sure you see a nice portion of it being taken by the federal & state governments. If you do not have that money withheld on a paycheck you really notice when tax time comes, and you owe a good amount of money to the IRS. We all […]
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- June 3, 2021
Gambling Winnings: Should You Report Them?
One of the biggest issues I come across with my clients is unreported income. A major form of income that is left off tax filings is gambling winnings. Be it purposefully or just sometimes people forget and do not receive the form from the casino reporting this income. It can turn into major tax liabilities. […]
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- May 17, 2021
States without Income Tax
The deadline for the federal income tax may have already been pushed back until May 17, but some taxpayers might be luckier than others. In nine U.S. states, individuals do not have to file a state tax return, as they (the states) don’t oblige taxpayers to pay tax on personal income. This means that each […]
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- December 20, 2020
Filing Taxes: Is It Necessary?
Filing taxes can be burdensome, especially considering the complexity of filing a tax return. With tax laws changing almost overnight sometimes, it goes without saying that taxpayers often find themselves midst a tax storm that they do not know how to handle. Questions like ‘Do I need to file taxes if I collect Social Security?” […]
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