Twitter Tax Tips #10
If you file MFS and your spouse opts to itemize, you must also itemize your deductions. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
If you file MFS and your spouse opts to itemize, you must also itemize your deductions. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
It’s officially fall here in Pennsylvania (wait… gimme a minute… I just had to savor that thought a little longer) and that means that it’s only a few short weeks away from the party season. You know what I mean, holiday parties, back to school parties, tailgate parties, galas, premiere parties, you name it. One…
Happy Columbus Day! It’s a holiday for many across the country. I can think of a bunch of fun ways to spend a day off. However, if you’re one of those taxpayers who filed an extension waaaay back in April to get a little extra time to file your federal income tax return, you might…
Remember to report alimony received as income, alimony paid as a deduction but child support? It’s tax neutral. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.) Kelly Phillips Erb Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime,…
There’s some good news for a Pennsylvania woman this week: she can keep her home. A decision from the Pennsylvania Supreme Court has put an end to litigation involving the sale of her home due to an alleged underpayment. The woman, Eileen Battisti, allegedly failed to pay $6.30 (downloads as a pdf) in interest on a late payment of property taxes…
June is a busy month for taxpayers and tax pros alike. Nestled amid due dates for estimated tax payments and deadlines for taxpayers who were out of the country on Tax Day is one of the most overlooked dates for taxpayers: June 30. June 30, just two weeks away from today, marks the due date…
Tax issues cause some folks to act in an irrational manner. True, the taxman shouldn’t be ignored. But feared? Nah. Here’s my list of the top five things that taxpayers are irrationally afraid of – and shouldn’t be: Being aggressive when it comes to deductions. You’re entitled to take deductions. C’mon, say it with me…