October 30, 2019 9:04 pm
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If it’s been a few years since you last filed your taxes, you might have some questions about what you can do to prepare for this year’s tax preparation in Union City, NJ and help you get yourself back in good standing. Your reasons for not having filed a return may vary—perhaps you weren’t able to pay your taxes, or simply couldn’t get all of your paperwork together. Whatever the reason, it’s important that you get organized and back in good standing as soon as you can, and working with a tax preparation professional is the best way to accomplish... View Article
October 13, 2019 9:30 pm
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No one wants to pay more than necessary when it comes to their state or federal taxes. Ideally, everyone would receive a refund on their taxes. Accountants specializing in tax preparation in Union City, NJ are regularly asked the best ways to get the most back with a tax refund. We advise our clients to take the following steps to maximize their refund. Adjust your filing status Married couples assume they have to file a joint tax return each year, but that is not the case. Switching to the Married Filing Separately status may increase your tax refund. The Internal... View Article
September 29, 2019 9:30 pm
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As an accounting firm in Union City, NJ, we receive a lot of questions from clients based on inaccurate information and common myths. Unfortunately, too many people fall victim to these prevalent misconceptions, causing them to incur fines or undergo audits from the Internal Revenue Service. Rather than experiencing these terrible inconveniences, learn more about common tax myths and how to avoid them. You don’t have to file taxes In the Form 1040 instruction book, the IRS describes our nation’s tax system as “voluntary,” which causes quite a bit of confusion. Many interpret this to mean that filing taxes is... View Article
September 18, 2019 11:26 pm
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There’s no getting around it: the American tax system is complicated, opaque and seemingly deliberately frustrating. The only way to truly ensure that you’re minimizing your personal tax burden and not overpaying is to hire a qualified service for tax preparation in Union City, NJ. When you work with a tax professional, you’re ensuring that you’re not overpaying the government with your income taxes. Additionally, tax professionals can help you ensure that you’re not underpaying, which could result in stiff fines and serious penalties. While some people with a single source of traditional W-2 employment may think that their taxes... View Article
September 4, 2019 11:26 pm
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While it may seem like it’s far away, the new tax season is actually just around the corner. Employers will begin sending out tax return documents at the end of January, which is only a few short months from now. Savvy taxpayers know that the more they prepare for tax season, the more likely they are to receive an attractive refund. You should work with a tax professional early and often to ensure that you’re reaping the best possible refund and minimizing your tax burden. Hiring a tax consultant in Union City, NJ will help you avoid overpaying. When you’re... View Article
