You are here: Home » Taxes


Tax Season is Here: Are You Ready?

by Miranda Marquit January 18, 2013

With a new year underway, tax season has arrived. If you don’t want to be subject to the last-minute rush, you need to start preparing now for April. Here are a few things to take care of now: Update Your Personal Information Double-check the personal information you provide to others. If you are a freelancer, […]

Read the full article →

What To Do If You Can’t Pay Your Taxes

by Kevin Mulligan January 15, 2013

“but in this world nothing can be said to be certain, except death and taxes.”  Benjamin Franklin had it right. If there is anything just as inevitable as death in this world, it is that the government will want to tax you. Whether or not you agree with the taxes you pay or what the […]

Read the full article →

2013 Tax Changes – New Laws and Tax Brackets

by Kevin Mulligan January 9, 2013

Congress was able to come up with a fiscal cliff deal at the last possible moment, but the deal will result in some significant tax changes for some Americans in 2013. If you want to know how your personal income taxes will change this year, read on. Income Tax Changes in 2013 The tax changes […]

Read the full article →

New Year, Smaller Paycheck: Payroll Tax Cut Expires

by Miranda Marquit January 4, 2013

The recent “fiscal cliff” deal addresses only the tax portion of the issue, putting off the spending portion for a couple of months — at which time the debate will pick up again, with the added “fun” of a debt ceiling debate. For the most part, the Bush era tax cut expiration for those making […]

Read the full article →

Fun and Terrifying Facts About the National Debt

by Kevin Mulligan October 15, 2012

The United States Federal Government National Debt sits just over $16 trillion. That’s $16,000,000,000,000. At current rates and assuming no changes, the debt will grow to $22.5 trillion by 2016. We thought it would be interesting to find some “fun” and truly terrifying facts about the national debt. A lot of numbers get thrown out […]

Read the full article →

Amazon, Internet Shopping, and Sales Tax

by Emily Guy Birken August 17, 2012

One of the few bipartisan efforts going through Congress right now is a bill called the Marketplace Fairness Act. This proposal would require online retailers to collect state sales tax for purchases—taxes that would then go into the state coffers. Even though the bill has bipartisan support, it is still controversial and by no means […]

Read the full article →

What is the Alternative Minimum Tax and How Does It Work?

by Miranda Marquit June 29, 2012

One of the most confusing things about our tax code is the Alternative Minimum Tax (AMT). As the name suggests, the AMT is alternative method of figuring your tax. In order to determine whether or not you are subject to paying the AMT, you are required to figure out your taxes twice: Once using the […]

Read the full article →