Taxes Tips and Bacon

8 Apr

Bacon Wrapped Scallops

April 15 is only a week away! Where did the time go? Here’s some tax links to help you out. Hopefully, doing your taxes will be just as fun as eating bacon-wrapped scallops. Yum!

For small businesses, filing an extension is not necessarily a bad thing.

Avoid errors on your tax return. IRS has a list of common errors. Forgetting to sign your return is one of them.

Don’t believe the hype: Hiring a CPA will not guarantee that you will not get audited.
Do It Yourself for Free. Free File. Check out the IRS’ site.

Tax Act is good to use as well and you don’t have to download any software. I personally used it last year on April 15th with no problems.

Check it twice. HR Block offers a second look review for $29 which may ease your doubts if you plan to prepare your returns.

Are you kinda rich?! Then you’re probably subject to the Alternative Minimum Tax (AMT). The IRS has a guide to help you figure out if you qualify.

If you absolutely positively cannot file by April 15th, then file later.

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