Payroll Deduction Forms and Calculations for 2013 – An Easy Solution

When it comes to payroll deductions, you may need some with calculations and forms.The Intuit Online Payroll System makes it easy to be sure the proper payroll taxes are deducted from each employee’s check. If you do not have the time, inclination or math skills to figure out your payroll taxes, Intuit Online Payroll can do it for you. It even…

  
  
by | on May 21st 2013

Obamacare and New Taxes

The Affordable Care Act or Obamacare, had two main goals in its conception.  The primary goal was to get more Americans insured and have access to affordable health care.  Presently, about 16% of the U.S. population doesn’t have insurance. Obamacare will provide health insurance for many of these uninsured Americans through either Medicaid or…

  
  
by | on Apr 09th 2013

Obamacare and Tax Credits

Under Obamacare, most Americans will be required to have health insurance in 2014.  Lawmakers have provided us with both the “carrot and the stick” incentive to motivate uninsured Americans to obtain health insurance.  The “carrot” will be financial assistance in the form of tax credits or subsidies for low and middle income people to…

  
  
by | on Apr 08th 2013

2013 Earned Income Credit Table – Calculating your EIC

The Earned Income Tax Credit, also referred to as EIC, is a refundable tax credit that is geared towards working individuals and families that are considered low income. The amount of money an individual will get back greatly varies on a number of factors including the number of dependents they support and their level of income. The Earned…

  
  
by | on Feb 01st 2013

How to Get a Tax Refund in 2013

For many Americans figuring out how to get a tax refund has become the spring season’s big event. For most of us who get a tax refund, the money received comes from overpayments we made to the government after we take all our deductions for personal and family expenses.  For others, their tax refund consists of an amount much greater than any…

  
  
by | on Jan 30th 2013

TurboTax Free Federal Edition for Simple Returns 2012, 2013

There is no longer a need to spend money on seeing a tax preparer for a simple return. TurboTax online is free to file your federal tax return. Your state return can also be filed, for a fee. You can E-file now with TurboTax and get free Federal tax filing and preparation.Not only is the software free, it’s easy to use. The system walks…

  
  
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Will Obamacare Allow Me To Still Get Catastrophic Health Insurance?

Beginning in 2014, the Affordable Care Act or typically referred to as Obamacare, will require that all United States citizens obtain health insurance or face a tax penalty. The options to obtain health insurance will be to get it through your employer, buy an insurance plan through your state (state exchange), get enrolled in your state’s…

  
  
by | on Jan 27th 2013

Tax Refund Schedule Dates for 2013

On January 8, 2013, the IRS stated that E-file will open January 30, 2013. This date is a week later than they had originally anticipated.  The IRS claims they will be capable of processing over 120 million tax returns.  This includes those who have been impacted by the AMT, the deduction expense for educators, the higher education fees for…

  
  
by | on Jan 26th 2013

Why The 2012, 2013 Child Tax Credit Is Worth More Than Deductions

Unlike normal deductions the child tax credit deduction has a dollar to dollar offset on your taxes. Because of this you are now able to claim a credit of up to 1000 dollars per child which in turn, depending on the tax bracket your family falls in, is about the same as a 3000.00 tax deduction.The new laws regarding the tax credit will now let…

  
  
by | on Dec 30th 2012

The 2013 Tax Calculator Helps You Calculate Your 2012 Tax Refund

No matter who you are tax time can be a stressful time. Between figuring out how much you’re going to owe the government, working through all the complicated paperwork, and trying to get together the right forms, tax time is taxing in more ways than one.The 2013 tax calculator helps make tax filing easy. Tax software takes the stress out of…

  
  
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