Pages
March 2026 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Categories
Archives
Blogroll
Category Archives: General
Take Credit for Your Retirement
Saving for your retirement can make you eligible for a tax credit worth up to $2,000. If you contribute to an employer-sponsored retirement plan, such as a 401(k) or to an IRA, you may be eligible for the Saver’s Credit. … Continue reading
Seven Important Tax Facts about Medical and Dental Expenses
If you paid for medical or dental expenses in 2012, you may be able to get a tax deduction for costs not covered by insurance. The IRS wants you to know these seven facts about claiming the medical and dental … Continue reading
Posted in General
Tagged Dental Expenses, Internal Revenue Service, IRS, Medical Expenses, Tax Deduction, Tax Facts
Leave a comment
Important Reminders about Tip Income
If your pay from your job includes tips, the IRS has a few important reminders about tip income: Tips are taxable. Individuals must pay federal income tax on any tips they receive. The value of non-cash tips, such as tickets, passes or … Continue reading
Save Money with the Child Tax Credit
If you have a child under age 17, the Child Tax Credit may save you money at tax-time. Here are some facts the IRS wants you to know about the credit. Amount. The non-refundable Child Tax Credit may help reduce your … Continue reading
The 7 Tax Deductions You Shouldn’t Overlook
The good thing about taxes is they’re only filed once a year. The bad thing is it’s almost impossible to remember which tax deductions you qualify for each year. “Credits come and go. It’s hard to remember,” says Bob Wheeler, … Continue reading
Posted in General
Leave a comment
What Taxpayers Should Know about Identity Theft and Taxes
Protecting taxpayers and their tax refunds from identity theft is a top priority for the IRS. This year the IRS expanded its efforts to better protect taxpayers and help victims dealing with this difficult issue. When your personal information is … Continue reading
Safeguard Your Refund – Choose Direct Deposit
Direct deposit is the fast, easy and safe way to receive your tax refund. Whether you file electronically or on paper, direct deposit gives you access to your refund faster than a paper check. Here are four reasons more than … Continue reading
EMPLOYEE VS. INDEPENDENT CONTRACTOR, UNEMPLOYMENT INSURANCE, AND EXOTIC DANCERS
FACTS: Milano’s Inc. appeals the Kansas Department of Labor’s (KDOL) determination that its exotic dancers are employees rather than independent contractors for purposes of unemployment insurance. The KDOL held that the dancers’ tips qualified as wages. The district court and … Continue reading
Posted in General
Leave a comment
Determining Your Correct Filing Status
It’s important to use the correct filing status when filing your income tax return. It can impact the tax benefits you receive, the amount of your standard deduction and the amount of taxes you pay. It may even impact whether … Continue reading
Posted in General
Tagged Filing Status, Internal Revenue Service, IRS, Taxation, taxes
Leave a comment
Taxable and Nontaxable Income
Most types of income are taxable, but some are not. Income can include money, property or services that you receive. Here are some examples of income that are usually not taxable: Child support payments; Gifts, bequests and inheritances; Welfare benefits; … Continue reading