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View image | gettyimages.comWhen it is time to use TurboTax 2014 to complete your taxes for the past year, you may want to consider a few tips that can save you money in the coming year. Planning early in the year makes it easier to reach your financial goals by the end of the year. Since you are already running the numbers with Turbo Tax 2014, you have records that can show you where to mak
  Many people may be thinking that it’s too early to think about next year’s taxes. However, if you own a small business, or you’re making moves in the coming months, you absolutely need to think about your next year’s or even quarterly tax returns. A lot of things happen throughout the year, and if you aren’t keeping tabs on anything, you may find yourself at a loss when March comes ar
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
As the deadline for filing 2013 taxes approaches, beginners are faced with a much bigger challenge. Many of them do not know that there are fines and penalties for missing the deadline. That is because they have never filed tax returns in the past. Mistakes are more likely going to be made, but proper preparation can help to minimize errors. For instance, putting all your financial records for th
Did you know that there are hundreds of little things that you should be declaring on your tax returns? Here are some of the most important items that must be declared on your federal and state tax return.All Sources of IncomeThe tax code of the Internal Revenue Service (IRS) requires that all income earned or received must be reported on your income tax returns. The categories of income recogniz
Small business owners know that taxes can be confusing. This is true whether you have filed for several years now, or this is your first year in business. The laws change from year to year, and making sense of the federal tax laws is nearly impossible for anyone except an accountant or an attorney. If you are not careful, you could end up paying far more than you really owe. You could also end up
If you would like to do your own taxes, you will be happy to know that the process is actually simpler than most people think. Paying tax accountants to prepare your taxes may not be the best option especially if your finances aren’t complicated. To do your own taxes, you will need three things; accurate records of your annual income, some basic knowledge of the country’s tax code, an
The new tax season is approaching quickly, and now is the time to get helpful information about state and federal tax filing.The recent government shutdown prompted the Internal Revenue Service to delay federal income tax processing until the end of January 2013. Income tax agents may complete your return prior to January 31st, but they will have to hold onto it until the 31st.Federal refunds sho

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