Archive for February, 2017

Q & A and Tips on Accounting, Taxes and Personal Finance.
No Health Insurance Still Means Big Penalties

No Health Insurance Still Means Big Penalties

If you think President Trump’s recent executive order means that the fees for not having health insurance are no longer in effect, you could be sorely mistaken. To avoid potentially thousands of dollars in “shared responsibility” tax penalties, you still need to be covered by a basic level of health insurance. Current Situation: During his […]

February 22, 2017 | By More
Reasons to File Early…When Filing a Tax Return Early May Make Sense

Reasons to File Early…When Filing a Tax Return Early May Make Sense

The 2017 tax filing season has officially begun and the IRS has started accepting tax returns. There are many reasons to consider filing your tax return early. Here are some of the most common: Get your refund There’s no reason to let the government hold your funds interest-free, so file early and get your refund […]

February 12, 2017 | By More