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Tax Relief SolutionsPublished on Feb 21, 2014
Having an outstanding tax debt is becoming a growing issue that many Americans face. The number of Federal tax liens and levies filed by the IRS has grown significantly in recent years. In 2011, nearly 4 million tax levies were served on […]
Tax PlanningPublished on Jan 28, 2014
If you are eco-conscious, you probably sort your disposables for recycling, wash your clothes in cold water, carry reusable shopping bags to the grocery or perform other environmentally-friendly actions. But did you know that you may also be eligible to receive tax […]
Tax PlanningPublished on Dec 6, 2013
Who wins after every lotto draw? The taxman does, of course! Optima Tax Relief wants to help you save by providing tips for lowering taxes on your lotto winnings. How Much Are Lotto Winnings Taxed? Not only is the lottery a tax […]
Tax PlanningPublished on Oct 31, 2013
What could be better than winning $8.3 million at the World Series of Poker next week? Not paying taxes on all $8.3 million. Since a federal court ruling two years ago, there are tax deductions for professional gamblers similar to those for self-employed contractors […]
Tax ReturnsPublished on Oct 22, 2013
You’re self-employed, which means that you no longer have to punch a clock or make that daily commute to spend the day in a cubicle. However, along with the freedom to set your own schedule comes the responsibility to make sure Uncle […]
Tax PlanningPublished on Oct 14, 2013
Think only celebrities and big corporations get away with outrageous tax deductions? We’ve put together a few reasonable ones you can take advantage of next year, and a few of the more outrageous tax deductions for fun. 1. Put your pup to work! Employing […]
Taxes & Your SavingsPublished on Sep 18, 2013
Before you envy those game show contestants who win big, you need to hear the rest of the story. Some winners scoop up prizes worth tens of thousands of dollars, and maybe even a car. But often they don’t realize that those […]
Tax PlanningPublished on Sep 11, 2013
Football season just kicked off and fans are keenly aware that the players out there are raking in more money in one season than most people will make in a lifetime. New Orleans Saints quarterback, Drew Brees for instance, is averaging $20 […]
RetirementPublished on Mar 20, 2013
Now that you’re retired, your money is finite. Here’s how to avoid overspending on taxes. More The post 8 Tips to Lower Your Taxes During Retirement appeared first on SuperMoney! .
Tax PlanningPublished on Mar 14, 2013
A tax credit reduces the amount of tax you must pay. A refundable tax credit not only reduces the federal tax you owe, but also could result in a refund. Here are five credits the IRS wants you to consider before filing your 2012 federal income tax return: 1. The Earned Income Tax Credit is a […] The post Five Tax Credits that Can Reduce Your Taxes appeared first on SuperMoney! .
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