Bookkeeping & Taxes

Tips for Filing an Amended Tax Return

April 13, 2018

Your taxes have been filed and you might even have a return on its way. That is when you realize that you made a mistake. If this sounds like you then don’t worry. All you need to do is follow these tips on how to file an amended tax return.

Common Errors to Avoid When Filing a Tax Return

April 06, 2018

To ensure you meet your tax obligations, taxpayers should file accurate tax returns. If a taxpayer makes an error on their tax return, it will likely take longer to process and could delay a refund if one is owed to you.

Things to Remember When Considering Early Withdrawals from Retirement Plans

March 14, 2018

Many taxpayers may need to take out money early from their Individual Retirement Account (IRA) or another qualified retirement plan. Doing so, however, can trigger an additional tax on early withdrawals.

6 Tax Deductions and Credits for Families

February 23, 2018

It’s not a big secret that raising kids costs a lot of money. $233,610 to be exact...but who’s counting? If you’re a parent, then you know this firsthand. Luckily, the Internal Revenue Service (IRS) understands the expenses that come from parenthood. That’s why they created several tax credits and deductions just for families.