Do-it-yourself Taxes Vs. The Cpa

After turning to a professional, one taxpayer went from owing thousands to getting a big refund.

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Topics:  accountant   cpa   diy   do-it-yourself   tax refund   taxes   taxpayer   
  • Owner of Mystic Pizza pleads guilty to tax charges
    The owner of the Mystic Pizza restaurant made famous in a 1988 movie has pleaded guilty to federal tax charges. More
  • On Marijuana Tax, Colorado Asks: What’s Too High?
    If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
  • Senate planning vote on Internet sales tax bill
    The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
  • Where do more tax cheats live? South and West, IRS study shows
    Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More
  • Obamas paid $112,000 in taxes in 2012
    President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. More
  • Remove Financial Worries from Retirement with a Do-It-Yourself Pension
    A deferred income annuity combines a future stream of income with tax-deferral, because you pay no taxes until you begin receiving income. Even then, the payments you’ll receive (unless from an ...
    11/3/2020 - 11:01 pm | View Link
  • Do-It-Yourself Pay Raise for the Holidays
    Before you embark on a shopping spree in any of the 10 worst states for sales taxes, make extra room in your budget. For the average recipient, the 2021 monthly increase won't even cover a fill-up ...
    10/26/2020 - 1:00 pm | View Link
  • Colorado Springs' Do-It-Yourself Government
    But its fiscal problems are especially severe. The city is famously right-wing, and property taxes here are some of the lowest in the nation -- in 2008, the per capita property tax was about $55.
    08/16/2020 - 12:09 am | View Link
  • Generate a Do-It-Yourself 2017 Tax Cut
    Saving money is a marathon not a sprint. And even low gas taxes can help keep money in your pocket.
    06/26/2020 - 7:36 am | View Link
  • Do-it-Yourself Free Tax Programs for Small Businesses
    As a small business owner, you should look for any opportunity to save on costs, and that includes filing your business taxes. Instead of going to a tax preparer, who may charge you hundreds to ...
    07/25/2018 - 12:06 am | View Link
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