When it’s time for you to buy a house, make sure that you aren’t just blindly following any advice. Make sure that you take your time to fully understand that you are getting into. Your finances are going to either take a major hit, or you’re going to be able to gain leverage when purchasing your dream home. The key to moving forward within this world is simple, you need to have patience, and you’ll need to also make sure that you’re in line with the tax breaks that help you, not hurt you. Without fully understanding some of the … Read more at 2011 Tax.
Education expenses can be claimed as a tax credit on an itemized return, but under what circumstances? For instance, does a long-term course of study as an electrician count as a 4-year post-grad program?
According to income tax experts H&R Block, the American Opportunity Credit, or AOC, may be claimed by individuals who are working toward an educational credential such as a certificate or bachelor’s degree. That’s it.
Filing taxes for the first time can be nerve racking and it is worse if you are late with your preparation. You may experience challenges gathering all your information so that is why it is important to plan ahead so that you are on time with your filing.
If your 2013 taxes are your first filing, you have to be mindful of who is preparing your taxes. You may choose to prepare the taxes yourself or hire a tax preparer. If you have been asking friends and family about filing yourself, you may have heard about TurboTax.com. TurboTax.com … Read more at 2011 Tax.
Welcome to the February 15, 2014 edition of Tax Carnival Ecstasy. In this edition we start with an article from Bill Smith on taxes and retirement. And Kurt from MyMoneyCounselor.com presents an article on the Alternative Minimum Tax for 2013? Hope you enjoy all the articles, bookmark this carnival, share, tweet, and come back soon.
Bill Smith presents You Need To Know A Lot About Retirement posted at FastSwings, saying, “2014 Taxes are here causing many people to worry a lot about retirement. If you are among these people, i.e. you feel you are far behind in … Read more at 2011 Tax.
It’s hard to put taxes and fun in the same sentence; Taxes are nobody’s favorite thing. The confusing jargon and often complicated form names, exceptions and rules lead to many Americans dreading having to file their taxes each year. What a lot of them don’t realize though is that filing taxes doesn’t have to be so confusing. In fact, it can be easy, with the help of technology.
We let technology guide us through the day, from waking us up in the morning to letting us do our jobs … Read more at 2011 Tax.
The 2014 Tax Deadline
Like most years, the tax deadline for 2014 falls on April 15. Failure to file federal income taxes by this date results in penalties. Most people seek to avoid these financial penalties and get their taxes in on time. Still, thousands of taxpayers run into trouble and can’t meet this deadline each year. Each American adult is required to pay taxes, and taxpayers should strive to meet these deadlines.
Many late filers simply procrastinate until the very end and … Read more at 2011 Tax.keep looking »