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Month: May 2012

Why nearly half of us don’t pay income tax.

May 31, 2012Business, Tax Tips

It’s a provocative fact about the tax code: Nearly half of U.S. households end up owing no federal income tax. But it’s not surprising given the addiction to tax breaks […]

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Why Filing Your Taxes on Extension Is a Good Idea

May 30, 2012Business, Tax Tips

If you need more time to get your taxes done right, then file a Form 4868, Application for Automatic Extension for Time to File U.S. Individual Income Tax Returns. If […]

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3 Last-Minute Ways to Lower Your Tax Bill

May 30, 2012Business, Tax Tips

  Although 2011 is way back in the rearview mirror, it’s still not too late to make some moves that will save taxes on last year’s Form 1040 and maybe […]

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