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Tax Counseling for the Elderly

Do You Need To File A Tax Return in 2015?

Jim T. Miller | Posted 04.19.2015 | Fifty
Jim T. Miller

Whether or not you are required to file a federal income tax return this year will depend on how much you earned (gross income) -- and the source of that income -- as well as your filing status and your age. Your gross income includes all the income you receive that is not exempt from tax, not counting your Social Security benefits, unless you are married and filing separately.

Should You Hire a Tax Preparer?

Jason Alderman | Posted 02.20.2013 | Business
Jason Alderman

Relinquishing the onerous task of calculating your taxes to a professional may save you time and give peace of mind -- they know more about tax law than you do, right? But remember: You're still legally responsible for all information on the return.

Tax Filing Deadline Looms

Jason Alderman | Posted 05.25.2011 | Business
Jason Alderman

If your 2010 federal tax return (or extension request) isn't postmarked or electronically filed by midnight on April 18, the penalty on any taxes you owe increases dramatically -- tenfold, in some cases.