Delaying May Cost You Tax Attorney in San Francisco Says

Are you one of those people who like to wait till the last minute to get things done? Maybe you work better under pressure, but procrastination doesn’t mesh so well when it comes to filing taxes. Tax Tiger, a tax attorney in San Francisco says that your filing costs will go up if you wait too late in the season to file your taxes. According to the Bloomberg Business reports, Turbo Tax, H&R Block and TaxAct are a few common companies that will charge you a higher rate if you wait to get help on your taxes. It says, “They offer cheap, sometimes even free services to early filer. Then, usually in late March they slap customers with price hikes of 30 percent or more. Sometimes they continue ratcheting prices up in the days before the deadline.”

The tortoise and the hare

You know the story of the tortoise and the hare? As we all know, the hare didn’t do so well. He thought he had all the time in the world, took a nap, and next thing you know –the tortoise wins!


San Diego Tax Lawyer Has Pointers for Tipped Workers

Are you someone who works in a restaurant as a bartender or a server? Maybe you deliver pizza, give people massages, or drive a taxi for a living. What do all of these completely different jobs have in common? They all receive tips. And with receiving tips comes a different kind of tax situation than if you were to not receive tips according to San Diego tax lawyer, Tax Tiger.

The basics

Basically the following happens:

1. Keep track of your tips
2. Report your tips to your employer
3. Your employer includes those tips into your income through the payroll processing system
4. Your W-2 will show this reported tip in Box 8

It’s as simple as that! But there are a few extra bits of information you may want to be aware of.

Here are a few pointers when it comes to your taxes:

Don’t make that much in tips but still make tips? Don’t worry about reporting how much you make in tips to your employer if it’s less than $20 a month.

Tax Attorney in San Francisco on How to Avoid IRS Trouble

Nobody wants to be on the bad side of the Internal Revenue Service. That’s why it’s important to make a huge effort on filling out your taxes correctly and filing them on time. Because taxes are so complicated, here are a five steps you should follow in order to prevent the IRS from coming after you:

1. Simply file your taxes on time

We know this one sounds obvious but people still end up by waiting till the last minute to file their taxes. Don’t procrastinate and get it done! Also, if you end up by owing a lot on your taxes, you can use a tax attorney in San Francisco to help resolve these issues with the IRS.

San Diego Tax Lawyer Warns About Top Tax Scams of 2016

It can feel scary to put your information out into the world, even when you it’s on an IRS form. And when it comes to your taxes, there are scams out there that want to trick you in order to steal your money. According to the Internal Revenue Service Commissioner John Koskinen stated, “We are working hard to protect taxpayers from identity theft and other scams this filing season. We urge taxpayers to help protect themselves from scams – old and new.” San Diego tax lawyer, Tax Tiger, really wants to make sure you avoid these scams like the plague so we’ve taken 6 big ones that are coming around that the IRS is specifically warning you about.

San Francisco Tax Attorney Foretells the 2016 Tax Year

With the next year’s elections on the way and Paul Ryan recently becoming the new House Speaker, there has been talk of changes tax changes in 2016. Matt Becker, the BDO USA regional managing partner for tax services stated, “Whether Speaker Ryan will be able to bridge the partisan divide remains to be seen; however, there is no question that politics will shape the business tax landscape in the months and year ahead. Tax reform has already taken center stage at the presidential TAX REFORMprimary debates and will continue to dominate the presidential race up to the November 2016 election.”

Should businesses be wary?

Brecker also mentioned that with the New Year arriving businesses might find the new tax regulations challenging. Taxes are already difficult enough, but when it comes to the election year, that can add an extra amount of stress on top.

Tax Book for Teens Recommended By San Diego Tax Lawyer

One of the many responsibilities of becoming an adult is sitting down and taking the time to do your taxes. But can you remember the first time you ever did your taxes? Take a second to remember how you learned. Did someone teach you how? Did you figure it out on your own? Most people start filing their taxes when they are teenagers because that is the general age of when people tend to get their first job. But it’s so strange that almost every U.S. citizen is required to do taxes but no one is really taught what to do. So now, tax resolution services in San Diego have found a new tool that could help those out wanting to learn more about taxes. Tax-ish: Teens 1.0, is a new guide for teens to learn how to file their taxes.

Get it on the Kindle!

Now on Amazon, a book about filing taxes has been made for the younger generation in hopes that they will use it when doing their own taxes. The book explains the basics of taxes in precise detail.

Moving Tax Tips from San Diego Tax Lawyer

Sometimes our work means so much to us that we will move away from our present nest just to be closer to it. If you have been considering a job change that is farther away from you, then you may have the opportunity to deduct the costs of your move! And because moving is alone already very overwhelming, just know that there is a San Diego tax lawyer that can help you sort through your moving tax concerns.

Are you sure you are eligible?

In order to make sure you are eligible, follow these simple guidelines:
• Make sure to get the work lined up and ready for you before you move.