Tag Archive: irs taxes

Oct 09 2013

Lower income? Don’t pass up the saver’s credit

In 2002, Congress passed legislation to create an income tax credit designed to encourage lower- and middle-income people to save money for retirement. The saver’s credit, worth up to $1,000 a year for individuals ($2,000 for couples filing jointly), rewards people for contributing to an IRA or 401(k) plan. benefit from the saver’s credit are …

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Permanent link to this article: http://www.easttexasreview.com/lower-income-dont-pass-up-the-savers-credit/

Mar 04 2013

Should you hire a tax preparer?

The U.S. tax code grows more complicated every year and currently spans thousands of pages – even government experts can’t agree exactly how long it is. So it’s not surprising that millions of Americans hire professional tax preparers to complete their returns. Relinquishing the onerous task of calculating your taxes to a professional may save …

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Permanent link to this article: http://www.easttexasreview.com/should-you-hire-a-tax-preparer/