Tax Planning

What Families Need to Know About Tax Reform

Tax reform impacts the tax outcome for many Americans – including families. Fortunately, however, many of the changes can potentially boost the tax savings for busy moms and dads.
Learn how the new laws could impact your tax situation if you&rsqu…

Income Taxes and Sports Betting in 2018

Welcome to a new day — a day that sports betting fans will remember for the rest of their lives.
On May 14, 2018, the Supreme Court struck down a federal law that effectively banned commercial sports betting in most all states. As a result of ove…

How to Work With the IRS to Pay Your Tax Bill

There’s always plenty of hubbub about tax refunds, but in all reality, lots of Americans end up owing the IRS money after they file. Self-employed people even need to pay a quarterly tax bill! Fortunately, the IRS makes it both simple and conveni…

1040EZ or 1040A: What’s the difference?

When it comes time to file your taxes, it can feel like there are an endless amount of forms, options, and different qualifiers. How do you know what forms you should fill out?The main form filers use is called the Internal Revenue Service (IRS) Form 1…

The Benefits of Filing a Tax Extension Form

With the tax due date of April 17 quickly approaching, you may feel the need to scramble if you haven’t already completed your taxes. But if tax season snuck up on you this year, the good news is you can request a tax extension. That allows you an addi…

The Benefits of Filing a Tax Extension Form

With the tax due date of April 17 quickly approaching, you may feel the need to scramble if you haven’t already completed your taxes. But if tax season snuck up on you this year, the good news is you can request a tax extension. That allows you an addi…

How Long Should I Keep My Tax Return?

Your taxes are filed, so you can now breathe a sigh of relief. Right? Well, almost. After filing taxes, most people are quick to toss their records aside with little consideration. But it is just as important to file your tax records away properly as i…

5 Reasons to File a Tax Extension

If you need more time to file your taxes this year, the IRS allows you to file an extension. That gives you an extra six months to complete your return. And while filing an extension doesn’t prevent you from having to pay your tax bill by the deadline,…