Tax Tips


What Can You Learn From Your Tax Return?
 

What Can You Learn From Your Tax Return?

Posted: April 6, 2016
Did you know that you gain many advantages when you analyze your tax return? We highlight some of the wake-up calls you might find on your return.

Do You Have to Pay the AMT?
 

Do You Have to Pay the AMT?

Posted: April 6, 2016
Many people have questions about the Alternative Minimum Tax. With tax filing time upon us, be aware of how the AMT could impact you this year and in the future.

Can’t Pay Taxes On Time? Here Are Five Tips
 

Can’t Pay Taxes On Time? Here Are Five Tips

Posted: March 25, 2016
The IRS urges you to file on time even if you can’t pay what you owe. This saves you from potentially paying a penalty for a late filed return. Here is what to do if you can’t pay all your taxes by the due date.



Top 10 Tax Tips About Debt Cancellation
 

Top 10 Tax Tips About Debt Cancellation

Posted: March 1, 2016
If your lender cancels part or all of your debt, it is usually considered income and you normally must pay tax on that amount. However, the law allows an exclusion that may apply to homeowners who had their mortgage debt cancelled in 2015.