Tag: taxes

Planning for summer vacation? How to save money AND have fun!

Posted on April, 11 2014

After you finish preparing your tax return and file both your federal and state returns at OnePriceTaxes, the next thing on your agenda is to get ready for summer! Put your tax refund to good use by planning a fun vacation, and use these tips to vacation on a budget so you won't break the bank.
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What you need to know about filing a tax extension

Posted on April, 11 2014

The April 15 deadline for filing taxes is probably glued in your mind, given its prevalence in popular culture. However, what you may not realize is that the deadline is actually quite flexible because anybody can apply for and receive a tax extension for any reason. You don't need to have a family emergency or explain your situation, but rather, all you have to do is submit one simple form to the IRS and you'll have six more months to complete your tax return with OnePriceTaxes. 
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Weekly Tax Advice: Should I convert my IRA to a Roth IRA?

Posted on March, 6 2014

Roth IRA owners pay taxes on their income when they put it into the IRA, which increases tax liability now. However, all disbursements, including the earnings, are tax free, provided the owner sticks to the rules for withdrawing funds from the Roth IRA.
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Weekly Tax Advice: Is my child care deductible?

Posted on February, 10 2014

Anyone with children knows they can be expensive, but the government helps you out a bit during tax time. In addition to the child tax credit that many parents claim, you also may be able to get tax benefits if you spent money on child care during the year. The question-and-answer format at OnePriceTaxes will walk you through the process of determining what tax benefits you can claim, but if you'd like to understand how it all works, read on for an overview of the potential tax benefits for child care.
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