by mariettacp | Jul 27, 2015 | Money Tips
Out of school and into the workforce. If the expression describes you or a family member this summer, filling out Form W-4 properly can make your first job less taxing. Here’s why: The amount of federal income tax withheld from your wages depends on how you...
by mariettacp | Jul 24, 2015 | Money Tips
Taxes may be the last thing on your mind when you’re changing jobs, but overlooking their impact could mean missed tax-saving opportunities. Issues to consider include: Your retirement plan. Distributions from retirement plans are generally taxable and may also...
by mariettacp | Jul 22, 2015 | Accounting News, Bookkeeping, Money Tips
If you own a vacation home (some boats and recreational vehicles also qualify) that you also rent out to others, keep track of who uses it during the year to maximize your tax breaks. * Meet the rules and receive tax-free income. If your home is rented for 14 or fewer...
by mariettacp | Jul 17, 2015 | Accounting News, Bookkeeping, Money Tips, Payroll, Tax Planning, Tax Preparation, Tax Tips
The IRS website contains useful information on how to avoid becoming a victim of identity theft, plus steps to take if you do become a victim. Here are the warning signs that you may have had your identity stolen: The IRS notifies you that more than one tax return was...
by mariettacp | Jul 14, 2015 | Money Tips
If you own or manage your own business, you’re probably busy monitoring operations and dealing with everyday problems. But there are a few things that you should make time to do every year. These are important for your long-term business and personal success. 1....
