5 Tips For Preparing For 2014 TaxesTaking these easy tax-planning steps will not only make your life easier come tax season, it could also end up keeping more money in your bank account.doi:urn:uuid:39670b5ea9373410VgnVCM100000d7c1a8c0RCRDBonnie Lee...
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Part 1. Top 5 Tips for Getting the Biggest Tax RefundTip 1: Start EarlierStarting earlier has a lot of role to play if you intend to get a good tax refund. When it comes to filing taxes, procrastination is deadly are you find yourself being under unnecessary pressure as the filing day...
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4. Plan for taxes Tax planning is a crucial part of year-end financial planning. Review your tax situation and take steps to minimize your tax liability. This may include making charitable donations, harvesting tax losses, or increasing retirement contributions. ...
Don’t let taxes become an afterthought, though, as doing so could trigger a substantially larger tax bill for you as your business matures. “A lot of people don’t know what they don’t know,” saysJohn Waters, Vice-President and Director of Tax Consulting Services at BMO ...
(CBS MoneyWatch) -- The IRS expects that 75 percent of all 2012 returns will be entitled to a refund, so if you haven't started preparing your taxes yet, do it: There's no reason to wait for April 15 to roll around to get that money back from Uncle Sam. And remember: If you ...
For many firms, managing different U.S. federal taxes and unique tax filing requirements adds to the pressure. Seasonal staff can help but training them, while preparing for tax season deadlines, isn’t easy. Keeping Up with Evolving Tax Laws Practitioners must adapt to annual IRS updates and...
Also, remember to write off all bad debts that you may have already paid taxes for. This will allow you to claim a refund for those taxes under your annual tax returns. To make the most of these benefits, hiring an accountant or a bookkeeper is advisable since they are experts in analys...