Category Archives: Taxes

Special Tax Benefits for Members of the Armed Forces

Posted on July 31, 2014 by Andrew Schwartz, CPA

From IRS Tax Tips 2014-07: Special tax benefits apply to members of the U. S. Armed Forces. For example, some types of pay are not taxable. And special rules may apply to some tax deductions, credits and deadlines. Here are … Continue reading →

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Top 10 Tax Facts if you Sell Your Home

Posted on July 28, 2014 by Andrew Schwartz, CPA

From IRS Tax Tips: Do you know that if you sell your home and make a profit, the gain may not be taxable? That’s just one key tax rule that you should know. Here are ten facts to keep in … Continue reading →

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Summer Weddings Mean Tax Changes

Posted on July 23, 2014 by Andrew Schwartz, CPA

Summer wedding? Congrats! Make sure to review these IRS tips on the tax issues that come along with marriage, too! IRS Summertime Tax Tip 2014: Taxes may not be high on your summer wedding plan checklist. But you should be … Continue reading →

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Mid Year Tax Projections

Posted on July 18, 2014 by Andrew Schwartz, CPA

Make sure you get a mid-year tax projection now. Find out what you can adjust for the rest of 2014 to help reduce your 2014 taxes. Give us a call at 781.938.0045 to schedule a meeting or you can complete … Continue reading →

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Kids in Camp? Get Credit for that

Posted on July 16, 2014 by Andrew Schwartz, CPA

Kids in camp? Make sure you get credit for child and dependent care this summer. Here are the IRS Tips to “Get Credit for Child and Dependent Care This Summer”: IRS Special Edition Tax Tip 2014-16, June 11, 2014 Many parents … Continue reading →

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FBAR Due on 6/30

Posted on June 24, 2014 by Andrew Schwartz, CPA

FBAR Filing is due on 6/30/14 for individuals and businesses with foreign accounts worth more that$10,000 at any point during 2013. Need help? Please contact us at 781.938.0045 or check out the IRS Guide on Foreign Accounts.

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2nd Q Est Tax Due Today

Posted on June 16, 2014 by Andrew Schwartz, CPA

Don’t forget: Your second Quarter Estimated Tax Payments and vouchers are due today 6/16.

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June 16th Deadline

Posted on June 11, 2014 by Andrew Schwartz, CPA

Don’t forget: 2nd Quarter Estimated Tax Payments for 2014 are due on Monday, June 16. And: Income tax returns or extension requests for Ex-Patriots are due Monday, June 16.

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IRS Warns of Phone Scam that Targets Immigrants

Posted on June 5, 2014 by Andrew Schwartz, CPA

The Internal Revenue Service issued a warning for consumers to guard against sophisticated and aggressive phone scams targeting taxpayers.  Reported incidents of this type of crime continue to rise nationwide. The phone scam frequently targets recent immigrants and threatens them … Continue reading →

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8 Tax Savers for Parents

Posted on March 4, 2014 by Andrew Schwartz, CPA

From IRS Tax Tips: Your children may help you qualify for valuable tax benefits. Here are eight tax benefits parents should look out for when filing their federal tax returns this year. 1. Dependents.  In most cases, you can claim your … Continue reading →

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