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Three Simple End Of Year Tax Saving Tips!
Although the year is almost over, you still have time to take steps that can lower your 2014 taxes. Start a Filing System. If you don’t have a filing system for your tax records, you should start one. It can be as simple as saving receipts in a shoebox, or more complex like creating...Continue reading→
There is a Tax Penalty for Not Having Health Insurance?
Obama Care’s individual mandate requires that most Americans obtain health insurance by 2014 or pay a tax penalty. The individual mandate went into effect January 1st, 2014. The penalty will be applied to your year-end federal modified adjusted gross income for each month you don’t have health insurance or an exemption. To avoid the penalty you needed coverage that started by May...Continue reading→