Philip Taylor

Goodbye Tax Season! But Wait, What Records Should I Keep?

April 19, 2017June 7, 2017 / Philip Taylor

The tax deadline has come and gone – time to breathe a sigh of relief! But before you throw all of your tax documents up in the air to celebrate the occasion, we need to discuss just how long you...

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Tax Planning

5 Things You Need to Know About Filing a Tax Extension

April 14, 2017April 17, 2017 / Philip Taylor

Many people believe that a tax extension is somewhat of a cure-all. Don’t have the money to pay taxes? File an extension. Still trying to get everything in order? File an extension. However, the tax extension isn’t exactly what it...

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Home

How Going Green Saves You Green on Your Taxes

April 7, 2017April 8, 2017 / Philip Taylor

We all know that turning off the lights when you leave a room can add up to big savings on your electric bill. And keeping a moderate finger on the thermostat during the summer and winter months can make a...

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Tax Planning

How Do I Know if I Should Amend My Tax Return?

April 6, 2017April 6, 2017 / Philip Taylor

Home Business: Businesswoman at Her Laptop

Have you ever began clearing the clutter after you filed your taxes and found a 1099 or W-2 for that side job you did for a short time. Or maybe you received a K-1 after the tax deadline which is...

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Tax Planning

It’s Pi Day! Have Your Pi and Eat it Too with These Money Saving Tax Tips

March 14, 2017March 14, 2017 / Philip Taylor

Geeks, nerds, and math lovers unite – it’s time to celebrate Pi Day! In honor of all things 3.14159, March 14 is the day to embrace both your sweet tooth and your inner arithmetic aficionado. Pi is a mathematical constant. You...

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Income and Investments

How are Unemployment Benefits Taxed?

March 9, 2017March 9, 2017 / Philip Taylor

Being out of work and filing for unemployment benefits tends to be low on the list of fun and interesting topics to talk about with your friends. It’s no surprise that accurate information about the taxation of unemployment benefits is...

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Family

Can You Claim a Parent as a Dependent?

February 27, 2017February 27, 2017 / Philip Taylor

For that time in a person’s life when he or she begins to take care of their parent, its important to know that the IRS allows those individuals to claim their parents as dependents on their tax return. As is...

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Tax Deductions and Credits

Don’t Miss These Commonly Missed Tax Deductions and Credits

February 2, 2017February 2, 2017 / Philip Taylor

No one likes to feel like they’re missing out. Especially when it comes to opportunities to pay fewer taxes. As this year’s tax deadline approaches, let’s take a look at some of the most commonly missed tax deductions. Tax deductions...

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Income and Investments

Shop and Save From Your Couch on Cyber Monday

November 21, 2016November 21, 2016 / Philip Taylor

Fire up your laptop, charge your tablet, and make sure you’re not overdressed. Forget about Black Friday, it’s time to talk about savings on Cyber Monday. Not to be outdone by Thursday, the Monday after Thanksgiving has it’s own day...

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Tax Deductions and Credits

What Medical Expenses are Tax Deductible?

October 26, 2016October 26, 2016 / Philip Taylor

Even with good insurance and a low deductible, no one truly enjoys paying medical bills. One bright spot to big bills is the opportunity to claim your medical expenses as a tax deduction on your tax return, as long as...

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