by Attiyya | Apr 27, 2014 | Taxes
You only have 1 week left – that’s 7 more days – until your 2013 federal tax return is due! If you’re still waiting for the tax fairy to magically appear and prepare your tax return…give me a call, I may be able to fit you in. 😉 For you...
by Attiyya | Apr 27, 2014 | Taxes
The goal for most tax payers is to keep their taxable income (line 43 of the 1040) as low as possible. Your taxable income is used to determine where you fall on the 2013 Tax Brackets chart below and the amount of tax you’ll owe for the year. Luckily, there...
by Attiyya | Apr 27, 2014 | Taxes
Currently, the IRS has no mandatory testing or education requirements for paid tax preparers, which leaves the door wide open for preparer fraud. Some states, like California, have implemented stipulations that must be met to legally prepare taxes for a fee. I...
by Attiyya | Apr 27, 2014 | Taxes
Who must file? There are many great tax benefits to turning your passion into profit. Whether you’re an independent contractor, a direct sales consultant or a tutor for neighborhood kids, the IRS considers you a sole proprietor. Since you were your own boss last year,...
by Attiyya | Apr 27, 2014 | Taxes
Whether you have a rental property for investment reasons or, like many military families, it’s time to PCS, you need to complete and attach IRS Schedule E to your 1040. This information is based on both my personal experience investing in rental real estate...
