Category Archives: Tax Preparation

23 January 2014

Tax Season Do’s and Don’ts

It’s That Time… We frequently hear from others, do this…don’t do that. I am going to focus on the do’s of preparing for tax filing and, I am going to simplify this process for you. Below are a few bottom … Continue reading

11 January 2014

10 Common Income Tax Snafus

Our complicated tax code leads to many common mistakes that are made on returns every year.  I see these mistakes daily in my office with new clients, especially the ones who used to try and do their returns themselves!  Some … Continue reading

11 April 2013

End of Tax Season 2013

It is almost April 15th and that means one thing: Your tax filing is due. No that is REALLY NOT TRUE! The BIG deadline is really not a tax filing deadline, it’s a tax PAYING deadline.  So,  if you owe … Continue reading

24 January 2013

TAX SEASON 2013

Well folks it’s that time of year again:  TAX TIME.  I know you are all so excited about this, but let’s face it, we have to do this every year, right?  It is always best to stay organized when planning for your … Continue reading

7 January 2013

What does the recent tax legislation mean to you?

At the last minute Congress passed a new law that will affect most of us.  Below I outline a few of the changes. 1)      Your payroll taxes are going back up to where they were before the last 2 years.  Total payroll taxes = … Continue reading

3 December 2012

5 Tax Tips as we approach the end of 2012

Last year at this time we reviewed some deductions to close out the 2011 Tax year.   Here are 5 Personal Tax Tips we can look at as we close out 2012: 1)      Check your withholding and boost it in December … Continue reading

16 October 2012

Is your passion a Hobby or a Business?

Who doesn’t have a hobby, right?  We all need something to do when we aren’t working to help us get through the day.  But are you making money from your hobby? The Internal Revenue Service defines a hobby as an … Continue reading

13 September 2012

TAXES: Obama vs. Romney and what it means to you!

Well it is time to get into one of the most important topics this election season:  Individual income taxes, which represents 47% of the entire federal budget. There is one big battle after another when it comes to Obama vs. Romney … Continue reading

14 August 2012

Taxation of Professional Athletes

Win Damon of WNBP.com and Radio 1450 in Newburyport and Stu review the taxation of Professional Athletes as well as the taxation of the medals won by the amateurs at the Olympics. Imagine the pro athlete who works in various … Continue reading

11 April 2012

April 15th means tax PAYING time, NOT filing time!

For many people, April 15th is a panic time.  Running to the post office, all the media outlets chatting about the filing deadline.  Well guess what?  It is NOT the filing deadline.  That is October 15th for individual taxpayers.  April … Continue reading

< NEWER 6 of 7 OLDER >