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If you receive or are planning on receiving Social Security benefits as part of your retirement, you may be surprised to see that you will pay taxes on them. It’s not a surprise to those of us who do tax preparation and tax returns as our occupation. Washington is infamous for double, and even at […]

We previously discussed 10 Useless Ways They Spend Your Taxes and found some interesting items in our research. In that example, we listed the most expensive forms of tax and government waste. This time we will focus on the ridiculous. WARNING: Do not read if you are angry about writing a check to the fed […]

Yes, it is 2016 and any income or deductions you have after the first of the month must be claimed next year. Unless you are one of the experts who know this neat little trick. As part of any 2015 tax preparation strategy, you can sneak in some more contributions to your IRA to be […]

With over $30 billion paid in tax refunds for the year 2013, the GAO (Government Accountability Office) estimates that 19 percent, or $5.8 billion of it was stolen. If you have completed your tax preparation and are due a refund, you may think the hard part is over and the spending can begin. But can […]

Those of you looking to avoid filing taxes are probably doing so because you fear you may owe the government instead of them cutting you a check. When all your tax preparation is done, will you even have enough to satisfy Uncle Sam? If this may apply to you, don’t panic. There are options we […]