Posts by zestsms
Claiming an Elderly Parent as a Dependent
Are you taking care of an elderly parent or relative? According to the U.S. Census Bureau, there were 44.7 million people age 65 and older in the United States in…
Read MoreThe Facts: Medical and Dental Expenses
If you, your spouse or dependents had significant medical or dental costs in 2015, you may be able to deduct those expenses when you file your tax return. Here are…
Read MoreStart Planning Now for Next Year's Taxes
You may be tempted to forget about your taxes once you’ve filed your tax return, but did you know that if you start your tax planning now, you may be…
Read MoreStarting a Business? Five Things You Must Know
Starting a new business is an exciting, but busy time with so much to be done and so little time to do it in. If you expect to have employees,…
Read MoreFiling an Amended Return After Receiving a Corrected Form 1095-A
If you enrolled in qualifying Marketplace health coverage, then you have probably filed a tax return based on a Form 1095-A that you received from the Marketplace. Your Marketplace may…
Read MoreFiling an Amended Tax Return
What should you do if you already filed your federal tax return and then discover a mistake? First of all, don’t worry. In most cases, all you have to do…
Read MorePaying Taxes on Household Helpers
If you employ someone to work for you around your house, it is important to consider the tax implications of this arrangement. While many people disregard the need to pay…
Read MoreTax Implications of Retiring Overseas
Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it’s important to…
Read MoreEight Facts to Know if You Receive an IRS Letter
The IRS sends millions of letters and notices to taxpayers for a variety of reasons. Many of these letters and notices can be easily dealt with without having to call…
Read MoreEight Facts on Late Filing and Payment Penalties
April 15 is the annual deadline for most people to file their federal income tax return and pay any taxes they owe. If, for whatever reason, you missed the deadline…
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