New ‘Tax And Tag’ Together Program Begins Sept. 1
RALEIGH, N.C. (AP) — North Carolina motorists are going to have to pay their vehicle property tax and registration bill at the same time if they want to get their tags. The new combined tax and tag law...
View ArticleGovernor Spending $230,000 On Mansion Bathrooms
RALEIGH, N.C. (AP) — Gov. Pat McCrory plans to spend up to $230,000 in taxpayer funds remodeling bathrooms in his private living quarters at North Carolina’s Executive Mansion even as he demands...
View ArticleNew NC Tax Changes In 2014
RALEIGH, N.C. (AP) — Significant changes made to the tax laws approved this summer and taking effect starting Jan. 1, unless otherwise noted: INDIVIDUAL INCOME TAX: — Eliminates the current...
View ArticleBill Allows Gay Couples To File Joint Tax Returns
COLUMBIA, S.C. (AP) — The top Democrat in the South Carolina House says same-sex couples who are legally married in other states should be able to jointly file their state income taxes. A bill filed...
View ArticleTax Tips For Retirees
Retirement brings plenty of changes, and with those come changes to your tax situation. Here’s a rundown on the top five things you need to know when it comes to paying taxes in retirement. Remember...
View Article5 Tax-Deductible Items You May Have Missed
Who doesn’t want to save a little (or a lot of) extra money at tax time? Claiming all the deductions for which you are eligible can significantly reduce your tax bill. The problem is, it’s hard to...
View Article5 Tips For Doing Your Own Taxes
Tax laws can be complicated, which is why many people hire an accountant or tax professional. At the same time, tax professionals can be pricey, and tax season gives you a chance to get a closer look...
View ArticleBest E-Filing Programs For Tax Returns
Doing your taxes often feels like a daunting task, but it doesn’t have to be. E-filing not only streamlines the process, but it also means getting your refund faster. While e-filing may be easiest for...
View ArticleShould You E-File Or See A Tax Specialist For Your Returns?
Does the thought of tax time send shivers down your spine? Like it or not, your taxes have to be filed. The question that remains is, how will you get them done? Unless you’re the pen-and-paper type,...
View ArticleNewlywed? Whether To File Separately Or Jointly
You probably weren’t thinking about your tax burden when you said “I do,” but marriage does impact upon a couple’s income tax requirements, sometimes positively and sometimes not. Newlyweds are often...
View ArticleFive Tips for Getting the Most From Your 401(k) Plan
Whether you’re 25 or 55, you know you’ll want to retire one day – and to retire in comfort you must save. And there’s simply no better way to save than the 401(k) plan at work. It’s automatic and...
View ArticleTax Advice: Common Small Business Tax Filing Mistakes
It’s easy to make a mistake, but saying your sorry is rarely enough to satisfy the IRS. Small businesses can innocently make tax mistakes that wind up racking up steep penalties, able to bruise or even...
View ArticleThe “Dirty Dozen” Tax Scams Of 2014
(CBS MoneyWatch) The IRS has a warning for Americans — watch out for tax scams. Every year the agency releases a “Dirty Dozen” list of the worst tax scams out there. This year, identity theft and...
View ArticleDisappearing Deductions Cost Taxpayers
(CBS MoneyWatch) Changes to tax laws last year reinstated some income-based phase outs of some widely used personal exemptions and itemized deductions, leaving many taxpayers with higher tax bills....
View ArticleA Simplified Tax Option For Home Offices
(CBS MoneyWatch) This tax season holds good news for millions of self-employed people who work from home: Home office deductions, which used to require a litany of calculations and the completion of a...
View ArticleWhat’s On Your Tax Return?
BOSTON (CBS) – Review your tax situation now so you have some idea what tax bracket you will fall into this year and decide whether you want to do the long 1040 or the short 1040EZ. Do your taxes both...
View ArticleShould You Itemize Your Taxes This Year?
BOSTON (CBS) - Should you take the time to fill out the long 1040? It really depends. To find out whether you should itemize you will need to do some homework. About a third of taxpayers use the long...
View ArticleBuyer’s Guide: What To Look For In A New Digital Camera
The sheer amount of digital cameras available on the market can be overwhelming. From the camera’s zoom capabilities to video options, there are so many different bells and whistles from which to...
View ArticleAdvice For Successfully Getting A Small Business Loan
Even during challenging times, a small business with a sound strategy can obtain a loan. If you’re looking to start or expand your business, here are strategies that may help you acquire the financing...
View ArticleTax Education Credits And Deductions
BOSTON (CBS) – College is very expensive. Congress and the IRS have given us ways to offset education costs. 1. The American Opportunity Credit: This credit can help parents and students pay part of...
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