TaxTip

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

baby
Oct 23rd, 2014

Unmarried With Kids: Who Claims the Baby? [INFOGRAPHIC]

If you’re one to follow birth trends (and I mean, really, who isn’t?), there has been some interesting news as of late. The number of births to unmarried women has been falling, however, it’s now become more likely that those unmarried women aren’t truly single – they’re in a cohabiting relationship. In fact, for the first […]

Oct 22nd, 2014

Why Baby Might Pay Taxes Too – 3 Myths Corrected

Ed note: Having a child can be a great thing for your tax return (the credits!) but it can also introduce a lot of new complexity. This is especially the case if your child makes any money, whether through more regular forms of income or investment accounts. We address a few of the common myths […]

aca
Oct 6th, 2014

Los cambios de vida y el Mercado de planes de seguros de salud: Qué tienes que hacer

Nota del editor: Independientemente de lo que pienses sobre la Ley de Atención Médica Asequible (ACA, en inglés), esta generará nuevas cuestiones a tener en cuenta en lo que respecta a la temporada de impuestos. Esto es especialmente cierto para aquellos contribuyentes que han experimentado un cambio de vida importante durante el año. Aquí encontrarás […]

extension
Oct 3rd, 2014

About That Tax Return Extension – File Before October 15

Remember way back to April 15. Your friends and family were scrambling. Everyone was talking about returns and refunds and e-filing and so forth. But you were a cool cucumber and filed an extension. The IRS recently said more than 3.25 million taxpayers who filed an extension have yet to file their tax return. Leer en […]

charity
Oct 1st, 2014

The Basics of Charitable Deductions

This summer, The ALS Association raised more than $100 million dollars from contributions related to the “ice bucket challenge.” Even our own CEO got involved. And, of course, it isn’t the only nonprofit out there. National Breast Cancer Awareness Month has just begun, and over the next few months there will be a slew of […]

debt
Sep 30th, 2014

3 Myths About Taxes That Newlyweds Need to Know [VIDEO]

Love and marriage, love and taxes. Wait, what? If you’re engaged, you are probably daydreaming about cake and flowers, not contemplating the changes that will come as a married taxpayer. But if you don’t give it much thought, you could fall victim to a couple of common tax misconceptions that float around. Here we debunk […]