TaxTip

Pointers, prep tips and analysis from the experts who do this every day.

Article
Jun 26th, 2015

Top 7 Things Same-Sex Couples Need to Know About Marriage and Taxes

Today, the Supreme Court decided same-sex couples have the fundamental right to marry. That means regardless of what individual states may have decided in the past (we decoded the confusing discrepancies here), all same-sex couples can now get married and have those unions legally recognized. Additionally, those already married and living in states that currently […]

buy
Jun 25th, 2015

Tax Tips for New Homeowners

Ed note: Congratulations on buying a new home! While it’s easy to get caught up in picking paint colors and planning where the furniture will go, don’t forget to keep track of important expenses and other home-related things that you will need at tax time. From determining how much you can afford to finding the […]

Jun 9th, 2015

Summer Camp Fun For Kids – And For Tax Refunds [INFOGRAPHIC]

Ready to send your child off to camp so you can get some peace and quiet this summer? I mean, so they can learn important things like leadership, outdoor survival and horseback riding? No matter why you send kids to camp, or whether they go to day camp or sleepaway camp, you may be eligible […]

freelance
Jun 5th, 2015

Paying Taxes All Year Long

Most Americans think about taxes once a year – sometime between the end of January and April 15. For those people, every time a paycheck comes, taxes are paid too. They are automatically deducted before the money hits the bank account. An annual tax return reconciles the amount of taxes paid throughout the year with […]

Audit
May 28th, 2015

What can happen after you file – or don’t file?

Ed note: Getting a letter from the IRS after you file a tax return can be terrifying. It’s also not that uncommon. Learn more about the typical reasons you might hear from the IRS and how to go about handling it. Most people only think about taxes sometime between January and April, when they file […]

dependent
May 22nd, 2015

College Graduate: Are you still a dependent?

Ed note: Over and over again, we hear from clients who are confused about dependency. This is particularly true for recent graduates who may be wondering whether they should claim a personal exemption or whether their parents can still file with them as a dependent. Here’s some help to clear that up. Leer en español. So you’ve just […]