Tag Archives: taxes

Six Reasons Why You Should File a Tax Return

Posted on February 26, 2015 by Camron Hoorfar

  Most people are required to file an income tax return. But even if you are not required to file an income tax return, here are six (6) reasons why you still may want to file a federal income tax … Continue reading →

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8 Tax Mistakes to Avoid

Posted on February 25, 2015 by Camron Hoorfar

Here are a few tax mistakes you should try and avoid this tax season: Grammatical errors – Make sure your name is spelled correctly and that you used the correct Social Security Number. Taking the Wrong Education Write-off – Always … Continue reading →

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Tax Benefits for Parents

Posted on February 10, 2015 by Camron Hoorfar

While the 2014 income tax season has already begun, be sure to keep these tax breaks in mind if you are a parent: Dependents – You may be able to claim your child as a dependent, earning you a $3,950 … Continue reading →

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Tips to Avoid Surprises at Tax Time

Posted on January 28, 2015 by Camron Hoorfar

Here are some things you can do to try and reduce the taxes you will owe come tax time: 1. Adjust your withholdings on Form W-4 2. Report any changes in circumstances to the health insurance marketplace in order to … Continue reading →

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Driver’s License Suspensions, Back Taxes, and Bankruptcy

Posted on January 7, 2015 by Camron Hoorfar

If you had your driver’s license suspended for back-owed taxes, bankruptcy may be an option to get rid of the taxes and get your driver’s license back.  If you had your driver’s license taken away for back-owed taxes and want … Continue reading →

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Two Percent Deductions

Posted on October 17, 2014 by Camron Hoorfar

Below is a list of some expenses that you may be able to deduct as long as the expenses are more than two percent of your adjusted gross income. 1. Unreimbursed employee expenses 2. Expenses looking for a new job … Continue reading →

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Tax Tips When Traveling for Charity

Posted on September 24, 2014 by Camron Hoorfar

You cannot deduct the value of your services that you give to charity, but you may be able to deduct some of your out-of-pocket costs. The deductible expenses must be unreimbursed and incurred only on behalf of the charity. In … Continue reading →

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Avoiding Tax Surprises

Posted on August 20, 2014 by Camron Hoorfar

There are usually two things that you can adjust in order to try and avoid a surprise come tax time. 1. Adjust your withholdings from your paycheck to have the right amount of taxes taken out. Come tax time, if … Continue reading →

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Tips When you Owe the IRS

Posted on August 13, 2014 by Camron Hoorfar

If you owe the IRS any money, here are a few tips that you might be able to use to remedy your situation: 1. Payment in full. This one is pretty straight-forward. If you pay your tax bill in full, … Continue reading →

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2014 Filing Season Continues with Higher Refunds Issued

Posted on March 13, 2014 by Camron Hoorfar

The IRS released 2014 tax filing season statistics showing that 15 percent more refunds were already issued this year, compared to 2013 figures. Additionally, the average federal refund totaled $3,3211, an increase of $190 compared with the same period a … Continue reading →

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