Archive for the ‘taxes’ Category

Tax Tips From Turbo Tax

This tips from TurboTax are good basic tips for filing taxes, but make sure to review any possible tax deductions. File Your Taxes and Pay On Time Complete  all of the work yet to be completed from the 2011 tax year before filing 2012.  April 17th is the last day to file taxes. Double-Check Your Income [...]

Paychex Introduces Two New Products For Small Business Owners

Paychex Inc. has recently introduced two new tools that aim at solving certain tax credit related problems for the small and medium businesses (SMBs).  The two new products arteSmall Business Tax Credit Estimator and Small Business Tax Credit Package, have been innovated by Paychex Insurance Agency, a wholly owned subsidiary of Paychex. These tools will [...]

What Are You Deducting? Popular Deductions for 2011

Gina Noy is a CPA and a fellow member of New Work City. She has a blog post detailing the most popular tax deductions of 2011.  Here’s a few that may be of special interest to the self-employed/freelancer/sole proprietor. 9. Business Startup Costs Startup Costs are “amount paid or incurred for creating an active trade [...]

What To Do When You Can’t Pay The Taxes You Owe

An article from Entrepreneur magazine gives advice on what to do if you can’t pay taxes you owe. File an extension to pay. A little-known provision allows taxpayers suffering severe hardship additional time to pay their taxes without incurring penalties, although interest continues to accrue at the standard federal rate plus 3 percent per month. You [...]

Six Cool Charts And Graphs of Your Taxes

Taxes are all about numbers, but it is pretty cool to see a visual representations of your hard-earned cash. From Mashable’s 6 Ways To Visualize Your Taxes, Google, in partnership with non-profit art and technology center Eyebeam, started the Data Viz Challenge — a call to information architects, designers and developers to tap the WhatWePayFor.com [...]

File An Extension If You Have To

Procrastinators, you can breathe easy. April 15 is less than a week away.  This year the tax deadline is the April 18, but the three extra days may not help you if you have a pile of receipts in a shopping bag. If you absolutely know you won’t be to file your taxes on time, [...]

Follow The NYCAccountant On Twitter For Write-Off Advice

Yesterday as I was watching football, I kept seeing these great tax tip tweets from NYC Accountant.  Max Kleynburd Accountant and Advisors has a twitter feed that is talking about overlooked tax write-offs. Here are a few. Overlooked Tax Write-Off #1: Don’t forget to deduct state & local income tax (or state sales tax) paid [...]

Worst Tax Procrastinating Cities

Free Tax Filing, Efile Taxes, Income Tax Returns – TurboTax.comIf you need file for an extension, then you may want to use File Later.