Tag Archives: paying taxes

Don’t get stuck with an underpayment penalty

Don’t let penalties for underpaid taxes increase your tax bill next April. Check the total you’ve paid in for 2016 through withholding and/or estimated taxes. If you’ve underpaid, consider adjusting your withholding for the final months of the year or … Continue reading

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Tax breaks are available for disaster victims

When natural disasters occur, they often leave many people with severely damaged or destroyed homes and businesses. Some lose everything they own. If you are affected by a disaster that is declared by the President to qualify for federal assistance, … Continue reading

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Decide when to pay tax on U.S. savings bonds

When you own Series EE or Series I savings bonds, you have a tax decision to make. Both types of bonds earn interest monthly. Usually, you’ll choose to defer paying any taxes on the interest until the bond reaches final … Continue reading

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