Tag Archives: tax deduction

Tax Carnival Ecstasy – October 1, 2013

Good Lord, I'm sure that's Councillor Bill Smi...

Good Lord, I’m sure that’s Councillor Bill Smith from Melrose – unless my eyes deceive me (Photo credit: Ninian Reid)

Welcome to the October 1, 2013 edition of Tax Carnival Ecstasy. In this edition we start with an article from Matt Becker on the deductability of mortgage interest and why it’s not the great tax deal everyone thinks. Bill Smith reports on TurboTax and eHealth working together and the IRS Fresh Start Program. Laura Anderson has some Nanny Tax Myths that you should know about. Hope you enjoy all the articles, bookmark, share, tweet and come back soon.

deductions

Matt Read more at 2008 Taxes.

Jackson Hewitt’s Tax Advice For Recent College Graduates

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Jackson Hewitt’s Tax Advice For Recent College Graduates

Jackson Hewitt operates around the country and offers various tax services for taxpayers. With that in mind, millions of people file their state and federal income returns annually. This company helps many of those very individuals on a regular basis while competing with TurboTax 2013. Recently, Jackson Hewitt released its biggest tax tips for college graduates. Recent graduates often make some big mistakes on their returns that are more than avoidable.

Jackson Hewitt Tax Service

Jackson Hewitt Tax Service (Photo credit: kenteegardin)

For instance, most students can deduct their student loan interest on their return. Only … Read more at 2008 Taxes.

Personal Tax Planning

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A lot of money is “lost” through taxes, and personal tax planning ensures that a person gets the most out of their finances while paying less tax. At the end of the day one will be sure of saving up quite some amount of money and hence securing their finances.  There are ways that one can plan their finances in order for them to minimize the amount of taxes that they are to pay. There are a few ways in which one can achieve this and they include the
reduction of one’s income, increasing deductions and making use of tax … Read more at 2008 Taxes.

When Are Taxes Due? And Other Answers to Your Tax Questions

When Are 2011 Taxes Due? And Other Answers to Your Tax Questions

Whether you file your taxes on your own or with the help of a tax professional, the entire process can leave you with questions. From trying to figure out the tax code changes between this year and the last to trying to make sense of the various deductions you can take, filing taxes is rarely ever straightforward.

Here are the answers to some of the most common questions regarding taxes:

1. When are 2011 taxes due?

While April 15 is the classic due date, you must have your … Read more at 2008 Taxes.

5 Critical Accounting Tips for Freelancers

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Freelancing has its privileges. It’s nice to be able to pick and choose your work, set your own hours, work from wherever you want to, and call yourself your own boss. However, along with all of those awesome pluses come a set of responsibilities that are unique to the self employed. One such area that seems to stump freelancers more often than not is accounting. Unfortunately, accounting mistakes can be very costly; therefore, freelancers must make special considerations throughout the year to ensure there are no mistakes come tax time. Here are five critical accounting tips for freelancers:

Automated invoicing.Read more at 2008 Taxes.