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Are You Missing Form W-2?

If you worked as an employee last year, your employer must give you a Form W-2, Wage and Tax Statement. This form shows the amount of wages you received for the year and the taxes withheld from those wages. It’s important that you use this form to help make sure…

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Important Reminders about Tip Income

If you get tips on the job from customers, here are a few important reminders: ♦ Tips are taxable.  You must pay federal income tax on any tips you receive. The value of non-cash tips, such as tickets, passes or other items of value are also subject to income tax. ♦ Include…

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Choosing the Right Filing Status

Using the correct filing status is very important when you file your tax return. You need to use the right status because it affects how much you pay in taxes. It may even affect whether you must file a tax return. When choosing a filing status, keep in mind that…

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Taxable and Nontaxable Income

Are you looking for a hard and fast rule about what income is taxable and what income is not taxable? The fact is that all income is taxable unless the law specifically excludes it. Taxable income includes money you receive, such as wages and tips. It can also include non-cash…

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Eight Tax Savers for Parents

Your children may help you qualify for valuable tax benefits. Here are eight tax benefits parents should look out for when filing their federal tax returns this year. 1. Dependents.  In most cases, you can claim your child as a dependent. This applies even if your child was born anytime in…

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When Will I Get My Refund?

The video below will guide you on how to to us the IRS tool “Where’s my refund?” Click here to be directed to Where’s My Refund Home Page. For more information or help with checking the status of your refund or any other income tax related matter, contact our offices…

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Five Great Reasons to E-file

Are you still doing your taxes on paper? If so, join the 122 million taxpayers who e-filed last year. Here are five great reasons why you should e-file your tax return: 1. Accurate and complete.  E-file is the best way to file an accurate and complete tax return. The tax software…

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Which Tax Form Should You File?

Which form should you use to file your federal income taxes? These days, most people use a computer to prepare and e-file their tax forms. It’s easy, because tax software selects the right form for you. If you file on paper, you’ll need to pick the right form to use….

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