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Tax Audit Red Flags To Be Aware Of
BOSTON (CBS) - Most tax returns are handled by computers and there are formulas and averages for most of the categories. Most audits are simple paper audits where they send you a letter asking for...
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Invest That Tax Refund In Yourself
BOSTON (CBS) - What is your largest asset? It’s your ability to earn a living! Let’s say you earn an average of $50,000 a year over your working career and you start at age 20 and work until you are...
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What Tax Related Papers Can You Toss Out?
BOSTON (CBS) – Most of us fall into one of three categories; we keep too much of the paper that comes into our homes or there those that try to throw out everything. And of course those that fall in...
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Get Your Taxes In Order Now For Next Year
(CBS Boston) Get a jump-start on next year’s taxes by setting up a filing system now. You can use a folder system where you label the each folders according to your needs. A good filing system will...
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What Procrastinators Need To Know About Filing Their Taxes
(CBS MoneyWatch) - Life can get complicated this time of the year — between work and friends, spring break and spring cleaning and everything else, time goes by quickly. And for some of us, that means...
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7 Deductions That Lower Your Taxable Income
(CBS MoneyWatch) – Most folks looking for tax deductions focus on things like mortgage interest, real estate taxes and charitable donations. These are known as itemized deductions that are claimed on...
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Can’t Pay Your Taxes? Here’s What You Can Do
(CBS MoneyWatch) - In a turbulent economy with constantly changing rules it’s no surprise that the bill from Uncle Sam can sneak up on some of us. Whether you changed jobs, sold a house or became...
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