Tax Tips

With only one month left in the calendar tax year, now is the time to make some strategic moves to lower your taxable income for the year.

If you’ve always been an employee and are just starting out on your own, you’ve probably started to hear more about this “quarterly taxes” thing. And with good reason and it’s something you need to take seriously for sure.

Here are a few reasons why you may need to make estimated quarterly tax payments:

In 2013, the IRS launched a new method for claiming a deduction for the work-from-home workforce. Find out if it’s right for you!

If you incurred a significant amount of healthcare and dental cost costs last year, you may be eligible for a deduction when making your itemized deductions.

There are several things that you can deduct provided your healthcare costs were over at least ten percent of your yearly gross income: