2012 Tax Year to Have More Extensions

Posted on January 23, 2013 by Leasa Magnuson in Business Tax, Individual Tax

I believe that the 2012 tax year will have more extensions than normal. First the IRS has delayed the start of the tax year until January 30th. Second W2s are late from Paychex and ADP because of the new rules regarding the reporting of health insurance. So even if I wanted to file individuals today […]

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Tax Planning for 2012

Posted on May 16, 2012 by Leasa Magnuson in Individual Tax

1. Adjust your withholding. Why let the IRS have an interest free loan all year? If you typically receive a large refund, why not adjust your withholding so that you have access to those funds throughout the year instead of waiting until 2013 to receive those funds. 2. Review your paycheck. Make sure your employer […]

View Post 2012 Tax Year, Tax Planning