Monthly Archives - March 2016

Whoa! Even if you’ve filed, you’re not done with taxes yet!

Whoa! Even if you’ve filed, you’re not done with taxes yet! Whether you’ve filed your taxes or not, you can’t quite put this tax season behind you because you have a few more tasks to complete. Calculate your average and effective tax rates. The average tax rate is the federal marginal rate plus your state rate (see the chart below). This is the tax that is applied to the last dollar you make. You use this to determine what you really made [...]

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Prepare! The Tax Man Cometh!

This is going to be a short blog ‘cause you got stuff to do…like your taxes. We’ve procrastinated long enough and April 15 is around the corner, along with spring. Here are some helpful hints to get you on your way to prepared for getting taxes checked off your list! GET TIME SCHEDULED ON YOUR CALENDAR. Gather your papers. If you followed our paperwork management January suggestions, you should be in good shape. You have a box with last year’s tax papers [...]

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