When Time Flies -- When And How To File For An Income Tax Extension

While most people are able to successfully file their income taxes before the April deadline each year, there can be a variety of reasons why you find yourself unable to do so. This can be a really stressful realization. Will you be penalized? Will you owe money? Do you have any options other than just being late and hoping for the best? The answer to that last question should reassure you. [Read More]

Important Questions To Ask When You Are Choosing A Payroll Service

When choosing a payroll service, it is important to be sure that you have chosen a trustworthy company that can adequately meet all of your needs. The increasing complexity of payroll services has led to an increase in the time and challenges associated with processing them and the related work. In order to find the right payroll company to outsource that time-consuming work to, asking following questions will be very helpful. [Read More]

Renting A Room On The Side? 3 Money Questions To Ask Before Hanging Out That Sign

If you're looking for some extra income, renting out part or all of your home can be a great way to earn a little on the side. But if you aren't aware of the financial implications, you could end up making less or no income. So, what should you keep in mind when deciding how often to rent your home to travelers? Here are the 3 biggest questions to answer before starting. [Read More]

4 Things To Know About Taxes As A Senior Citizen

If you felt like your tax bill was a little higher than you would have liked this year, now is a great time to starting planning for next year's taxes. As a senior citizen, you can take certain steps to reduce your taxes for the upcoming tax year. Here are four great tax deductions that you can take advantage of as a senior citizen.  Standard Deduction If you are over the age of 65, you actually qualify for a larger standard deduction than individuals who are under the age of 65. [Read More]