Tax Tips for Parents, Self-Employed, the AMT and more
Listen to any of the 2014 Tax Tips you might have missed from the week of Feb 24-28...or those you want to hear again.
Lots of joys and frustrations come from being a parent. Well at tax time, you want to use your mom or dad status to your advantage.
Dependents, Deductions, Credits, Schedules – all figure into Tax Time. But there could be an alternative thing to think about – here’s a ‘head-up’.
Ahh…being your own boss, staying in your P-J’s, slippers on, taking calls in your underwear. O-K enough of that visual…Small Biz owners and self-employed do have perks, but also some tax concerns.
At one time or another we all need a hand – to help us along, or save us from disaster. Either metaphor just might apply to doing your taxes.
When you pocket that paycheck – or get cash in your hand for a job well done, you know the tax-man is lurking. You might not know just what income is and isn’t taxable.