When It's a Good Idea to Hire an Accountant to Do Your Taxes
21 November 2016
If you're like a lot of people, you hate doing your taxes. You may even put it off until the last minute and then spend all day calculating and worrying if you're doing things right. The solution to this problem is to hire an accountant to do your taxes for you. However, hiring an accountant might cost a couple of hundred dollars depending on how complicated your taxes are. Here are some times when it's probably worth the expense to hire a professional.
How An Online Accounting Program Can Help With Your Financial Situation
18 October 2016
Trying to keep up with your finances can be a bit daunting unless all transactions are through, to, and from one bank account. When you add credit cards, cash, a line of credit, a mortgage, and other ways cash comes and goes, things get left out or forgotten. This is where using an online accounting program comes in handy. Here are just a few ways using the online financial program can help you set up and stick to your budget.
Five Questions To Ask Yourself When Deciding Whether To File Jointly Or Not
15 September 2016
Whether you file jointly or separately, filing for taxes means a lot of paperwork and maybe a few headaches along the way, so you'll want to make sure you get the most out of it. One way to do this is to calculate whether you'll get a higher tax return with a joint filing or two independent filings. Here are some questions to ask yourselves when deciding which is the best way to go this year.
Taxpayers Shouldn't Make A Frivolous Return Filing Situation Worse
27 July 2016
Taxpayers who choose to file frivolous income tax returns often do so without realizing the severity of their actions. Those who receive a frivolous tax return letter in the mail should speak with a tax professional to straighten out the matter to avoid a disastrous situation from playing out.
The Warning Letter
Anyone who files a frivolous tax return, a return that contains blatantly false assertions or egregious omissions designed to prevent the collection of taxes may receive a letter in the mail stating the return is being rejected and a proper return must be filed instead.