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Category Archives: Individual Tax

Estimated Quarterly Tax Payments

When you start a new job, one of the first things you typically do is fill out your tax information, usually in the form of a W-4. A lot of people don’t really understand what they’re doing while they do …
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What to Do with Your Tax Refund

Tax season is over! Congrats, you made it. Unless, of course, you didn’t submit your taxes on time. But let’s assume you did. Even better, you got a refund this year. Now you have all of this extra money lying …
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Taxes and Identity Theft – What You Need to Know

Imagine that you’ve gone through all the work of completing your taxes. The forms are gathered, filled out, and submitted. And the best part? You get a return this year. All you need to do is sit back and wait …
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Underpaying Your Taxes – Fines, Fees, and Other Fun Things

Recently, we talked about what happens if you don’t pay your taxes. The short version is: you should just pay your taxes and save yourself a lot of trouble. But what happens if you under pay your taxes? Well, it …
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What are the Chances I Get Audited?

Did you know the president of the United States is audited every year? It’s just one of the many sacrifices they make for our country. Thankfully, for the rest of us, the odds of being audited are considerably lower. But …
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What Happens if You Don’t Pay Your Taxes?

\To paraphrase an old saying, taxes are like death: you can’t escape them. But that doesn’t stop people from trying. Every year, countless people will either not file their taxes or purposely misreport them. This might seem tempting, especially for …
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Why You Should Start Your Taxes Sooner

There are two types of people in the world. Those who try to get their taxes done as soon as possible so they can get their refund money, and those who put it off to the last possible minute because …
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Who is the IRS?

It would seem that government organizations with three letter names are the scariest: FBI. CIA. NSA. And of course, the IRS. While certainly much different than the first three, in the business world, few organizations strike up a sense of …
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Student Debt and Taxes

Go to college, they said. Take out loans to pay for it, they said. You’ll land a great paying job that will take care of your debt in no time. Right? Unfortunately, every year, many graduates learn that’s not necessarily …
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How do Taxes Work When You’re Retired?

Ah, retirement. A well-earned rest after decades of hard work. From now on, you can sit back and focus on your hobbies and family and whatever else you’d like to. Meanwhile, you’ll receive social security checks and possibly pension money …
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