Larry Simpson

Author's posts

Start Planning Now for Next Year’s Tax Return

Tax filing is over. Cheers can be heard all over the country. Now is the time to start planning for next year so that you can take advantage of all those pesky deductions you might have missed this year and that the IRS will not tell you about. *1. Adjust your withholding* Did you get …

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Direct Deposit-Fast, Safe and FREE!

If you are receiving a tax refund and you want your money fast (and who doesn’t), use direct deposit. This is the fastest, safest way to receive your tax refund and here is the best part IT’S FREE! When you combine e-file and direct deposit, the IRS will likely issue your refund in as few …

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Facts about Dependents and Exemptions

As you gather your information for tax preparation, it is a good time to review who is and who is not your dependent. Even though each individual tax return is different, some tax rules affect every person who may have to file a federal income tax return. These rules include dependents and exemptions. *Exemptions reduce …

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Tips to Help You Choose a Tax Professional

It is that time of year again. The IRS wants your tax money! If you are like almost everyone else, you haven’t kept up with the large number of tax regulation changes this year. So what do you do, buy a software and try to do it yourself or do you chose a tax preparer? …

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Tax-Time Tips

The income tax filing season has begun and important tax documents should be arriving in your mailbox. Even though your return is not due until April 17 this year, you can make tax time easier on yourself with an early start. *Gather your records*: Round up any documents you’ll need when filing your taxes: receipts, …

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