Your ability to earn a living is your largest asset.
So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?
Millions of people are getting a jump on filing their tax returns now that they have received their W-2s and 1099 forms. And for most, the incentive to get moving is to get that tax refund in their bank account as soon as possible.
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.
Get a jump-start on next year’s taxes. Set up a simple filing system.
Be wary of anyone that wants you to sign a blank return or who refuses to put their name and Social Security number on your return.
Looking for a tax shelter? The best way to beat taxes is by investing in your retirement plan.
Whether you do your taxes yourself or have someone else do them, only you can do the prep work involved.
Investments that you hold for less than a year and then sell are considered short term investments and are taxed as ordinary income.
February 16, 2013 It’s that time of year again – tax filing season! If you haven’t filed your income tax return yet, that’s actually a good thing! On this edition of Centro, we’ll tell you […]