Putting off your taxes until it’s too late can be damaging.
Filing your taxes late can mean that you’ll owe even more money. Or, if you have a refund due, it can lessen how much you get back. Either way, you’re losing money.
If you bought a house or owned in house in 2013, there may be more deductions than you knew about.
For itemized deductions, most people know that you can deduct the interest you pay on your mortgage. Here’s a list more deductions you may be able to take as well.
Sure getting married means you’ll more than likely change your filing status, but there are also some other administrative things that need to happen as well.
The distinction between capital expenditures and expenses may seem obvious. But the IRS may see it differently.
There are capital expenditures and there are expenses. And most of the time, the line between them seems pretty clear to business owners come tax season. But there can be some gray areas.