eSmart Tax Blogs

When must you file a paper return?

Well, here it is, that dreaded season of the year called, “Tax Time”.  That’s like saying, “Here comes Trouble, with a capital ‘T’”, right?  So, you gather up all of your paperwork.  You know, like your W-2’s, your 1099’s from your bank or broker, your 1098-T from your school, and, oh yeah, your kids’ Social Security cards.  Then, you load all of that stuff up into your wheelbarrow (well, not really, but it feels like that, doesn’t it?), and you trudge into your local Liberty Tax office to file your tax return.  Your preparer diligently asks you questions about your last name and your kids’ last names, if different, and asks questions for Earned Income Tax Credit (EITC) purposes.

Posted To: The Greenhornet Blog
By: The Greenhornet Blog on 2/17/2014 09:30:00 AM

Paying College Expenses? There are Tax Breaks For You.

Even though the price of college increased only 2.9 percent in the last year, the average cost for four years of education in an undergraduate program at an in-state public school is still a staggering $73,564. When searching for ways to lighten the load of higher education costs, the information on tax breaks can seem overwhelming. This simple guide to the tax deductions can help avoid confusion and lower college costs.

Posted To: The Daily Deduction
By: Lauryn on 2/18/2014 05:10:00 AM

Weekly Tax Inventory 02-14-2014

This week in tax news: Obamacare sign-ups, revenue model: tax on college graduates, and more...

Posted To: The Daily Deduction
By: Lauryn on 2/14/2014 02:42:07 PM

Posted To: The Daily Deduction
By: Lauryn on 2/12/2014 02:35:00 AM

How To Keep Your Identity Safe

Few things are as personal as doing your taxes. You offer personal information, social security information, addresses, dependents names and birth dates, and so much more.  Approximately 1.5 million fraudulent tax returns were filed in 2011 using stolen identities, resulting in over $5 billion in refunds claimed and paid out.  Securing your tax information is our highest priority and the eSmart Tax system applies the most current security precautions to ensure that your information continues to be safe.

Posted To: The Daily Deduction
By: Lauryn on 2/11/2014 10:06:52 AM

Things to Bring With You To Your Liberty Tax Service Appointment

It's tax season and your desk is probably piling up with receipts, statements, forms, and miscellaneous mail and documents as you sift through to find out what you need to bring to your Liberty Tax Service office for your tax preparation appointment.  Below is a checklist of documents to bring with you when you visit your local Liberty Tax Service office.

Posted To: The Daily Deduction
By: Lauryn on 2/10/2014 12:25:00 AM

Weekly Tax Inventory - 02-07-2014

This week in tax news: Manny Pacquiao, The buzz about income taxes and federal tax revenue, and taxes on IRA withdrawals.

Posted To: The Daily Deduction
By: Lauryn on 2/7/2014 11:32:48 AM

Depending on Your Employer, You May Still Have Time To Spend Your FSA Money from Last Year

Back in 2005, the Treasury Department changed the rules to allow employers to give workers until March 15 to spend their FSA money from the previous year. The idea was to avoid problems with workers not being able to get medical appointments in December, immediately before the old deadline. While employers aren’t required to extend the cutoff date for FSA expenses, many have. If you work for an employer that has an extended cutoff date for using your FSA, it’s important to know what expenses qualify for it. Read more from eSmart Tax.

Posted To: The Daily Deduction
By: Lauryn on 2/5/2014 03:52:02 PM

Maximum Retirement Contributions

Save for retirement now and reap tax benefits.

Posted To: The Daily Deduction
By: Lauryn on 2/3/2014 11:31:03 AM

E-file is Open

Important tax reminder:  Efile is now open.

Posted To: The Daily Deduction
By: Lauryn on 1/31/2014 10:07:10 AM

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