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Installment agreements and collections

Installment agreements and collections

by | Mar 20, 2019 | Personal Taxes

Owing taxes to the IRS is no laughing matter. Failure to pay, or making arrangements to pay, can lead to severe consequences, including liens or seizure of property, wage attachments and other actions that can impact one’s employment, credit score and ability to...
2018 Tax Withholding

2018 Tax Withholding

by | Jun 28, 2018 | Personal Taxes

It is always a good idea to examine your tax exposure once per year as you complete your taxes. Changes to the tax law for 2018 have prompted many taxpayers to ask,  “Am I having enough money taken out of my paycheck?”  Now is the time to examine your tax withholding....
Are My Medical and Dental Expenses Deductible?

Are My Medical and Dental Expenses Deductible?

by | May 12, 2018 | Personal Taxes

If you itemize your expenses on your tax return, you may be able to deduct dental and medical expenses. However, you’re only able to claim the portion that exceeds 7.5% of your adjusted gross income (AGI). Here’s an example to make it clear. Your AGI is the income...
How to Change Your Name After Marriage

How to Change Your Name After Marriage

by | May 10, 2018 | Personal Taxes

Traditionally, new brides adopt their husband’s name upon marriage, although sometimes they may choose to hyphenate both names together. Either way, you have to make it official. Your wedding certificate isn’t enough, but it’s a start.  Here is some information on...

Owe Money in Taxes? Here is How You Can Pay

by | May 9, 2018 | Personal Taxes

If you were unable to make your tax payment by April 17th, you may be nervous about what to do.  We recommend that you work with our office and stay in contact with the IRS about your options and payment plans.  It is critical that you do not ignore the situation and...

Do I Have To File Taxes for My Child?

by | Mar 29, 2018 | Personal Taxes

So, your son earned some money at a cool summer job last year. Now that tax season has rolled around, you may be wondering if you need to file a tax return for his income. The answer is…maybe. Here are a few questions to consider about filing tax returns for children....