4 Last Minute Tips for Tax Year 2017
April is here and the All Star Financial Team is pushing forward to Tax Day 2018. With that in mind, we wanted to share four last minute ideas that can make tax year 2017 more efficient for you if you…
Tax Record Retention – How Long Should I keep Tax Related Documents?
How long should I keep my tax related documents? That is a common question many taxpayers ask. You should keep tax records for as long as the IRS has the ability to audit your return and/or impose additional taxes, which…
Year-end tax planning – Now is the time to plan!
Year-end tax planning – Now is the time to plan! After December 31st, there are very few options taxpayers have in reducing their 2014 tax liability. As of January 1st, 2015, taxpayers are pretty much limited to making contributions to…
If I Sell My Home- Do I Pay Taxes?
With the increase of property values, many people are wondering about the capital gains implications of selling a home. Detailed below is information that you will find helpful for your main residence, a second home, and a rental property. Selling…
Records Retention
How long should I keep my tax related documents? That is a common question many taxpayers ask. You should keep tax records for as long as the IRS has the ability to audit your return and/or impose additional taxes, which…
Tax Update
As you are gathering information for your 2013 tax return, remember that we don't need all of your information to get a good start on your return. If you are waiting for just a few items, please send in your…
Should You Be a Do-It-Yourself Tax Preparer?
When my husband was between jobs he decided that it would be a good idea to seal the driveway himself instead of hiring professionals to do it. The driveway looks great, but it was not worth the time, hassle and…
Preparing for Tax Season
As you are gathering information for your 2012 tax return remember that we don’t need all of your information to get a good start on your return. If you are waiting for just a few items, please send in your…
Get Your Taxes Ready for All Star to File
As you are gathering information for your 2011 tax return remember that we don’t need all of your information to get a good start on your return. If you are waiting for just a few items, please send in your…