Tag Archives: tax returns

Do you need to think about the alternative minimum tax?

You may not have thought much about the alternative minimum tax, or AMT, since Congress passed a law that permanently fixed the exemption. But the tax, which you calculate separately from your regular tax liability, is still around. Here’s how … Continue reading

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Three Tips to Start the Tax Filing Season

Check whether your children need to file a 2015 tax return. They’ll need to file if wages exceeded $6,300, self-employment income was over $400, or investment income exceeded $1,050. When income includes both wages and investment income, other thresholds apply. … Continue reading

Posted in Amended Tax Return, Business, business help, Business Owner, Employee Benefits, Filing Taxes, Financial Planning, save on taxes, Tax, tax advice, tax bill, tax exempt, Tax Return, taxes, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Tax Breaks Extended Retroactively; Some are Permanent

In mid-December, Congress renewed a long list of tax breaks known as “extenders” that have been expiring on an annual basis. This year many of the rules are retroactive to the beginning of 2015. You may be able to benefit … Continue reading

Posted in Amended Tax Return, Business, business help, Business Owner, Filing Taxes, Financial Planning, guide, Operational Accounting, Operations, Tax, tax advice, tax bill, tax exempt, Tax Return, taxes, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | Leave a comment