May 06
Many taxpayers have more taxes withheld from their pay than necessary. You should try to have your income tax withholding match your actual tax liability, especially if you normally get a large refund and you would like more money in your paycheck. If not enough tax is withheld, you will owe tax at the end …
Permanent link to this article: http://www.easttexasreview.com/escape-tax-surprises/
May 03
It’s sad but true. Following major disasters and tragedies, scam artists impersonate charities to steal money or get private information from well-intentioned taxpayers. Fraudulent schemes involve solicitations by phone, social media, email or in-person. Scam artists use a variety of tactics. Some operate bogus charities that contact people by telephone to solicit money or financial …
Permanent link to this article: http://www.easttexasreview.com/lone-star-state-charity-scams/
Apr 08
Today, corporate profits are setting all-time records while middle class families continue to struggle financially. These trends are intertwined. Whether you’ve clicked to send your tax forms to the IRS along the cyber-highway or dropped your return in the old-fashioned blue mailbox, you’ll be paying extra to cover the growing amount of taxes that the …
Permanent link to this article: http://www.easttexasreview.com/transplanting-taxes-from-corporations-to-the-rest-of-us/
Mar 04
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 …
Permanent link to this article: http://www.easttexasreview.com/should-you-hire-a-tax-preparer/
Jan 22
Hucksters target local churches, seniors with promises of stimulus money. Texas Attorney General Greg Abbott recently issued a warning to avoid using Syam Tax Services pending his department’s investigation of this business for a tax fraud scheme. Court documents now reveal how Syam used recruiters to canvass churches and senior centers throughout East Texas in …
Permanent link to this article: http://www.easttexasreview.com/tax-trickery/
Jul 31
By Jason Alderman If your spouse-to-be is considering postponing the wedding because of fears about the so-called “marriage penalty,” you two probably have bigger issues than whether you’ll have to pay higher taxes as a married couple than when you were single. Having said that, marriage does indeed have many financial ramifications – both good …
Permanent link to this article: http://www.easttexasreview.com/is-the-irs-marriage-penalty-real/
Jul 21
According to Clay Sanford, IRS spokesman one should try to have their income tax withholding match actual tax liability. If not enough tax is withheld, you will owe tax at the end of the year and may have to pay interest and a penalty. If too much tax is withheld, you will lose the use …
Permanent link to this article: http://www.easttexasreview.com/personal-financial-change-adjust-withholdings/
Jul 21
Sen. Lindsey Graham says tax-avoiding gimmicks are “American.” By William A. Collins Don’t just hang Your head and moan, Buy a loophole Of your own. One intriguing aspect of today’s taxation debate is that it’s so shameless. Republican leaders aren’t embarrassed in the slightest to shill for the rich. Consider this gem from Sen. Lindsey …
Permanent link to this article: http://www.easttexasreview.com/shameless-tax-loopholes/