With the school year over or nearly over in some areas, your teenager might be taking a summer job. If so, you both may have questions about taxes. Here are some of the common concerns. If your child chooses a typical wage-paying job, he or she will soon be confronted with the task of calculating withholding allowances on Form W-4....
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Category: Taxes
If you’re planning a wedding or divorce soon, be aware that your marital status as of December 31 determines your tax status for the whole year. Changing the date of a year-end or new-year event could save taxes.
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Category: Taxes
Is there really such a thing as an audit-proof tax return? A way of preparing your return to guarantee that you won’t be subject to an audit? Of course not! There certainly are ways to minimize your risk, however. Here are some tips: Be neat! Consider preparing your tax return by computer. A neatly prepared, computer-generated return looks much better...
Tags: audit proofIRStaxes
Category: Taxes