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Nearly 50% of Americans are not Aware of the Health Insurance Status Filing Requirement in Their 2014 Tax Returns View image | gettyimages.com A recent survey has shown that 48% of American taxpayers do not know that they are required to report their health insurance status when filing their returns for the previous year. As … Continue reading TurboTax 2014 Revelations About U.S Taxpay
The Internal Revenue Service says that the tax-filing season starts on January 20, 2015. Taxpayers have the okay to start filing their 2014 taxes via TurboTax on this day. Although Congress passed a last minute tax law that has already been signed by President Barack Obama, this will not delay the start of the tax-filing season.At the beginning of the month, Congress passed a bill that extends ov
The income tax filing season starts on January 20, 2015, states the Internal Revenue Service. This means that people may begin filing returns for Taxes 2014 on that date. This day will kick-off the filing season even though the United State Congress passed a eleventh hour tax law, and it was signed by President Obama.In addition, the Congress passed a bill which extends more than 50 soon to expir
According to the IRS, tax-filing seasons starts Jan. 20According to a statement made by the IRS yesterday, taxpayers can being filing their taxes 2014 returns on Jan. 20.In spite of a last-minute tax law that as passed by Congress and and signed by President Obama, tax-filing season will begin on time.Early in December, a bill was passed by Congress that extended more than 50 tax breaks that expi
Sales taxes are a fact of American life, and they are really noticeable in the area of fast food.For instance, when a hungry consumer drives through his favorite drive-thru, he should expect to pay the price of his burger plus additional coinage to cover sales tax. Most states, counties and municipalities feed their coffers by charging a local sales tax on most every kind of purchase imaginable.
During the leisure-driven summer season, people should still want to increase their charitable giving. Not only is this a noble enterprise, but it also benefits the taxpayer during tax season. There are many avenues of giving that can earn a tax deduction for the average person.For instance, children’s summer camps provide fun and safe day care to many needy kids. They rely on donations to
Taxation of this Sharing Economy:The Internet, along with its rising social media, has created some very new opportunities for people to earn extra cash. This ‘sharing economy’ theme is defined as this – Putting up some unused resource either for sale or for rent (like a skill, parked vehicle, or empty room). This might seem a bit minor at first, but according to one statistic,
If you are a new graduate, you should start saving now for retirement. Life never stops; one day you are celebrating a special achievement, and the next you are facing yet another life milestone. Congratulations on becoming a college graduate! Have you thought about retirement?If you were to ask this question of many recent college grads, they would probably all look at you and roll their eyes. A

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