Finance Blog
Avoid Paying Penalties on Estimated Taxes
Written by Eva Rosenberg on April 11, 2012
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It’s bad enough having to face paying a fortune in taxes—there’s no reason to also get stuck paying penalties when filing taxes. Yet many people just don’t review their financial status or withholding during the year—and they end up coming up short over and over…
File Your Taxes for Free
Written by Eva Rosenberg on April 9, 2012
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A good friend once told me, “Free is worth the paper it’s written on.” You’ve likely heard all the warnings about how there’s no such thing as a free lunch. Is this equally true when it comes to free tax preparation and tax filing services?…
Filing Taxes: Paperwork For Your Tax Professional
Written by Eva Rosenberg on April 6, 2012
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After 20 years of working with the same clients, it still astonishes me that every year the very same people forget to bring the very same documents to me when they are filing taxes. One of the nice things about working with a tax pro…
Moving and Changing Your Tax Withholding
Written by Eva Rosenberg on April 5, 2012
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A couple of months ago, someone wrote to TaxMama®, utterly shocked when he got his W-2. Early in the year, his company had relocated him from his home state to a different state. Somehow, the payroll department never changed his state withholding to his new…
Itemize or Take the Standard Tax Deduction?
Written by Eva Rosenberg on April 4, 2012
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The sweetest 90-year-old lady has been my client for years. She meticulously summarizes her potential itemized tax deductions and gives me a detailed list. But I can’t use a bit of it on Schedule A when I’m filing taxes. Why? Her standard tax deduction far…
Filing Taxes: Take the Office-In-Home Tax Deduction
Written by Eva Rosenberg on April 3, 2012
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“Stay away from that. It’s a major red flag!” That’s what I keep hearing from people as they’re filing taxes. “Oh no, I don’t want to risk an audit. Not on my return—no office-in-home deduction for me.” Don’t be silly. Practically everyone is working from…
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