For the new small business owner, navigating the murky waters of taxes, comes with understanding new terms, and regulations on top of the once you have already been trying to understand over the last year.
You have about two weeks left before your taxes are due; here are some quick tips to getting 'em done, getting any refund you are due quicker, and setting yourself up for next year.
With the April 15 tax deadline getting close, consider trying these five strategies that may help you lower your 2014 taxes, enhance your retirement readiness and help you get more organized for 2015.
Are your personal finances a highly-organized, well-oiled machine? Or is there a lot of room for improvement? The answer to that question is more important than you might think, especially during tax time.
The wealthier you are and the more you care about yourself over your neighbor or your country, the more you'll like this Republican budget. It achieves balance entirely on the backs of middle-class families and our most vulnerable citizens, without asking billionaires or big corporations to pay -- forget a fair share -- one penny more toward our nation's prosperity.
Since it's probably safe to say that many of us haven't read the U.S. tax code verbatim, there's quite a lot of room for error when it comes to correctly filling out forms and filing your return.
This week as the House and Senate vote on their respective federal budget proposals, it's important to remind ourselves that how our collective wealth is spent is the purest reflection of what we value as a country.
First, make sure in each of these instances you've actually filed the tax return. Paying is the second part. If you think you cannot pay the entire bill, pay at least a partial payment.
I'm embarrassed to admit I'm one of the few people in Washington who has never watched House of Cards. But this sorry state of affairs is soon about to change. That's because this hot Netflix show has just delivered me a pleasant surprise.
Most taxpayers can use a standard deduction when filing their taxes, but you can possibly save more money if you're eligible for a variety of itemized deductions or credits.
But whether you prepare your own return or work with a tax professional, there are ways to make the process less burdensome. It all hinges on a bit of upfront organization, and having a basic understanding of how your tax bill is calculated.
While Europeans are preparing to solar gaze during the March 20, 2015 eclipse, the power pundits are heating up the debate on whether the solar eclipse will fritz out Germany's power grid.
In fact, depending on whether you live and/or work and/or run a business in my city, you might be paying as many as 44 different taxes, fees and tariffs every single year -- maybe more!
Unfortunately, when you're self-employed this is your problem and nobody else's.
A few years ago, I began to question whether each new version's bells and whistles, many of which I didn't need, were worth the price. Then there were the changes Intuit had made to the program's user interface over the years that forced me to change my habits.