Is your child a student with a summer job? Here’s what you should know about the income your child earns over the summer. All taxpayers fill out a W-4 when […]
Month: June 2016
What to do if you get a Letter from the IRS
Each year, the IRS mails millions of notices and letters to taxpayers for a variety of reasons. If you receive correspondence from the IRS here’s what to do: Don’t panic. […]
Filing an Amended Tax Return
What should you do if you already filed your federal tax return and then discover a mistake? First of all, don’t worry. In most cases, all you have to do […]
Putting Your Home on the Market? Understand the Tax Consequences of a Sale
Putting Your Home on the Market? Understand the Tax Consequences of a Sale As the school year draws to a close and the days lengthen, you may be one of […]
How summer day camp can save you taxes
How summer day camp can save you taxes Although the kids might still be in school for a few more weeks, summer day camp is rapidly approaching for many families. […]
Combine business travel and a family vacation without losing tax benefits
Combine business travel and a family vacation without losing tax benefits Are you thinking about turning a business trip into a family vacation this summer? This can be a great […]
Stock market volatility can cut tax on a Roth IRA conversion
Stock market volatility can cut tax on a Roth IRA conversion This year’s stock market volatility can be unnerving, but if you have a traditional IRA, this volatility may provide […]