Investing, Selling and Your Tax Returns
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Investing, Selling and Your Tax Returns

Most of us are usually keeping a lookout for better methods of financial security. And, although certain monetary risks can feel overwhelming and stressful, taking a calculated risk once in a’while isn’t a bad thing. Like many other life experiences, it is the leap which often ends up being of great value! So, if you’ve come…

October 16, 2017: Final Individual Tax Return Deadline
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October 16, 2017: Final Individual Tax Return Deadline

If you’re a self-employed individual and you requested an extension–heads up! October 16, 2017, is the deadline for filing tax returns for 2016. It is the last day the IRS will accept an electronically filed tax return using forms 1040, 1040A, and 1040EZ. If you file after October 15, you’ll have to mail in your tax…

No State Income Taxes: a Bonus or a Bummer?
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No State Income Taxes: a Bonus or a Bummer?

Florida is currently one of only seven states without a state income tax. The other six are Alaska, Nevada, Texas, South Dakota, Wyoming and Washington. Additionally, New Hampshire and Tennessee only pay taxes on dividends and income from investments (no wage taxes.) There is much discussion over whether the lack of income tax gives a…

Florida, protect yourself from tax ID theft!
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Florida, protect yourself from tax ID theft!

Tax ID theft is rampant in Florida. The IRS is taking steps to protect you. Florida is 1 of 3 test markets to help protect taxpayers. With the incidents of tax identity thefts rising, the IRS is working on curbing this out of control issue. Ordinarily, you would have had to be a victim of…