Income Taxes

Featured Articles

 3 Ways Obamacare Affects Income Tax Returns

January 26, 2015 

3 Ways Obamacare Affects Income Tax Returns

Unless you’ve been way out of touch, you probably know that a key part of the Affordable Care Act (ACA), aka Obamacare, requires that taxpayers have qualifying health care coverage. Those without will need to qualify for an exemption, or pay a penalty.

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January 24, 2015 

R&D Tax Credit Survives Latest Round of Tax Legislation

The research credit is like the cat with nine lives…except it’s more. This credit, which technically expired after 2013, was just reinstated by the Tax Increase Prevention Act (TIPA) retroactive to January 1, 2014. By last count, it’s the 16th time ...

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January 21, 2015 

8 Tips to Spot an Income Tax Phone Scam

It's tax season, and Americans dread doing their taxes. On the other hand, it's tax season, and millions of Americans will soon be anxiously awaiting their income tax refunds. But they need to avoid the scammers.