Tax Time Blog February 2008 Archive

Reporting Your Investments
If you sold stocks, bonds, or mutual funds, then you need calculate your capital gains or losses when you file your Form 1040. Investors need to have a firm grasp on ... Read More

Friday February 29, 2008 | permalink | comments (0)

Which is Better: the Standard Deduction or Itemized Deductions?
Every taxpayer is entitled to a standard deduction. This is a flat dollar amount that reduces your taxable income, thereby resulting in a lower tax figure when your taxes are ... Read More

Thursday February 28, 2008 | permalink | comments (0)

Saving for Retirement Can Save on Taxes Too
The other day a client came into my office and we were preparing her tax return. Normally I don't talk about my clients, but her tax situation reinforced a simple ... Read More

Wednesday February 27, 2008 | permalink | comments (0)

Finding the Right Tax Professional
Finding the right tax professional can help save money on your taxes. When searching for a tax preparer, here's some things to keep in mind. Put yourself and your needs first. ... Read More

Saturday February 23, 2008 | permalink | comments (0)

Using Direct Deposit to Get Your Tax Refund
Lots of people are using direct deposit nowadays, but you need to be extra careful when it comes to using direct deposit for your tax refund. Generally, using direct deposit is ... Read More

Thursday February 21, 2008 | permalink | comments (2)

Planning Ahead for 2008
Now is a good time to start planning your taxes for 2008, even if you haven't finished your 2007 taxes. Here's why. As I am working through a tax return, I ... Read More

Wednesday February 20, 2008 | permalink | comments (0)

Getting Ready for Tax Time
Are you ready to file your taxes? I'm not. I'm still making sure that I have all the tax documents I need to file a complete return. You should make ... Read More

Thursday February 14, 2008 | permalink | comments (0)

Claiming Past Tax Refunds
Did you know you have only three years to claim a tax refund? This little known tax law -- called the statute of limitations -- becomes vitally important this time ... Read More

Wednesday February 13, 2008 | permalink | comments (0)

Mid-Year Tax Rebates
No tax season would be complete without changes to the tax laws, updates to the annual forms and instructions, and an oddity or two thrown in just to make sure ... Read More

Wednesday February 13, 2008 | permalink | comments (1)