Lower My Tax Now Blog
Smart business people learn to delegate work
Posted in Tax-Blog. Bookmark the permalink. | , April 29, 2015 | 0 Comments
As a business owner or manager, you may think that if you want things done “the right way,” you have to do them yourself. But that isn’t always the best approach at work, even if you firmly believe you’re the best person for the job. There simply isn’t enough…
Use your income tax refund wisely
Posted in Tax-Blog. Bookmark the permalink. | , April 22, 2015 | 0 Comments
To many people, an income tax refund might be one of the largest single cash receipts for the entire year. Avoid the temptation to spend your refund on consumption items. There are several places you can invest the refund to enhance your long-term financial goals. You can pay off…
Should you be making estimated tax payments?
Posted in Tax-Blog. Bookmark the permalink. | , April 15, 2015 | 0 Comments
During the tax year you must prepay a substantial amount of the taxes you’ll owe for that year, or you risk being hit with an underpayment penalty. If you’re an employee, that’s usually not a problem. Your employer will withhold taxes from each paycheck. You can adjust the amount…
Tax Extension and Gift Tax filing requirement
Posted in Tax-Blog. Bookmark the permalink. | , April 8, 2015 | 0 Comments
Can’t file by April 15th? Get an Extension
If you can’t file your 2014 tax return by the April 15 deadline, file for an extension to get until October 15, 2015, to file. You can request the extension on paper, by phone, or online. You don’t need to explain why…
