Married Filing Separately

By |September 25th, 2015|

The “treat me like a child” clause in the Tax Code
While studying some tax law, I came across a curious provision about filing status options on individual tax returns.

One of the key provisions of an individual income tax return (AKA 1040) is what filing status a taxpayer chooses.  Providing for some exceptions for exceptional situations […]

Comments Off on Married Filing Separately

Obama care for Tax Year 2014

By |November 14th, 2014|

The coming affordable healthcare act penalty

Open Enrollment at the website www.healthcare.gov starts tomorrow. This year it will be open from November 15, 2014 Until February 15, 2015 for health care coverage in 2015. This is the second year that the so called “marketplace” is open to the public for purchasing health insurance. Regardless of which […]

Comments Off on Obama care for Tax Year 2014

How to use your kids to save on taxes

By |October 27th, 2014|

How to use your kids to save on taxes
Choosing between a Flexible Savings Account for dependent care and the Household and Dependent care Tax Credit

You might have seen this person before. A stressed out parent who seems to be juggling 20 things at once. For those of us with children who have to work outside […]

Comments Off on How to use your kids to save on taxes