Taxes

Apple Invests $1 Billion Dollars to Expand Data Center

Written By: Farah Vitale Apple is working to expand it’s data center east of Reno by investing $1 billion dollars! Reno City Council happily agreed to a deal for Google to invest millions of dollars in sales tax abatements for the data center at the Reno Technology Park. It’s located in the Truckee River canyon east…

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Tax Day 2016 is Today, Not April 15

Today, April 18, is Tax Day 2016. Due to Emancipation Day falling on Saturday, April 16 this year, it had to be pushed to the typical Tax Day, April 15. This in turn, pushed Tax Day to Monday, April 18. Emancipation Day is observed in commemoration of of the signing of the Emancipation Act by President…

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Tax Deductions That Might Lead to Audit

There are certain tax deductions, more so than others, that can lead to an IRS audit. Not many things are as scary as an IRS audit and there are some tax deductions that can lead to a higher risk on your tax return. Be sure to take the right steps when reporting these three. Charitable…

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Why Cashing a Tax Refund is a Bad Idea

Say no to cashing in that tax refund check. Here’s why. Are you excited for tax time for the sole purpose of cashing in that big refund check? In some scenarios, getting a large tax refund may not really be in your best interest and is actually taking money out of your pocket. The Government…

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Tax Filing Costs: How to Minimize

In the middle of tax filing season and maybe you haven’t filed yours yet because you aren’t sure how much you’ll pay? H&R Block lends their tips. Tax expert Jason Huot explains why there is such a large rang of costs for folks using a professional to file their taxes for them. Where do these…

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Early Mortgage Payments Help Cut Taxes

With 2016 right around the corner, now is the time to help yourself save on taxes. There are many tax breaks associated with home-ownership, and the best way to maximize these is to move funds before the end of the year. Making a mortgage payment in early January can lower your IRS bill because it includes…

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Year End Tax Estimate and Tips: Part 2

In the second half of the tax estimate tips and tricks, find out how different kinds of deductibles and rates of taxation can affect your return in April. 7. Claim dividend income Form 1099-DIV will determine whether or not your dividends from mutual funds qualify for the 15 percent tax rate or not. To figure…

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Year End Tax Estimate and Tips for 2016: Part 1

As 2015 draws to a close, organize yourself to be better prepared for April. A little bit of tax planning can equal a lot of savings, so be sure to get your tax estimate started as quickly as possible using these tips. 1. Use a tax calculator Start estimating your taxes now to assess how…

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Important Tax Documents to Bring with You

 Gather your documents before you begin filing your taxes. Thanks to AARP, we have a compiled list of documents of what you should bring when getting assistance from your AARP Foundation Tax-Aide or your tax professional.   General Last year’s tax return(s) Social Security cards or other official documentation for yourself and all your dependents Photo…

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Parc Forêt, Montrêux | Private Luxury Home Community

Up your Retirement Savings…Tax-Free!

You worked so hard for your retirement savings, now boost them further! If you have maxed out your 401(k), there are still ways to make contributions to your retirement funds post-tax. The IRS is now allowing those who are eligible to move after-tax contributions from their 401(k) or 403(b) plan to a Roth IRA upon…

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