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ACA and Your 2014 Tax Return

  • 24 March 2015
  • Author: Cari Holbrook
  • Number of views: 1613
  • 0 Comments
ACA and Your 2014 Tax Return

The Affordable Care Act is expected to complicate an already arduous tax season. Just how much it will complicate your own efforts depends on your situation. If you anticipate a tax credit like the IRS Small Business Tax Credit, you may not receive good news.

Texans: Don't Forget the Sales Tax Deduction

  • 10 March 2015
  • Author: Cari Holbrook
  • Number of views: 1824
  • 0 Comments
Texans:  Don't Forget the Sales Tax Deduction

If you file a Form 1040, the IRS is prepared to reward you for your purchases. However, it’s up to you (and your tax preparer) to not miss the opportunity. 

The federal sales tax deduction expired at the end of 2013 but was revived retroactively to cover 2014 returns. Despite this, it’s a deduction that’s often overlooked.
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