Tax Tip: Keep Your Records Safe in Case Disaster Strikes

7/16/14

It’s a good idea to plan for what to do in case of a disaster. You can help make your recovery easier by keeping your tax and financial records safe. Here are some basic steps you can take now to prepare: 1. Backup Records Electronically. Many people receive bank statements by email. This is a...

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Tax Tip: Energy-Efficient Home Improvements Can Lower Your Taxes

7/16/14

You may be able to reduce your taxes if you made certain energy-efficient home improvements last year. Here are some key facts that you should know about home energy tax credits. Non-Business Energy Property Credit • This credit is worth 10 percent of the cost of certain qualified...

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Moving This Summer? Here are 10 Helpful Tax Tips

7/15/14

School’s out for the summer, and summer is a popular time for people to move – especially families with children. If you are moving to start a new job or even the same job at a new job location, the IRS offers 10 tax tips on expenses you may be able to deduct on your tax return. 1. Expenses...

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Find Out if Your Health Insurance Coverage is Considered Minimum Essential Coverage Under the Affordable Care Act

7/15/14

The Affordable Care Act calls for individuals to have qualifying health insurance coverage for each month of the year, have an exemption, or make a shared responsibility payment when filing their federal income tax return next year. Qualifying health insurance coverage, called minimum essential...

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