The Blog

A Checklist of What You’ll Need To File Your Taxes

There’s a saying that in life, there are only 2 permanent things- death and taxes. But truth be told, filing your yearly tax doesn’t have to be a life or death situation. You can cut back on considerable time and headaches just by having the right kind of materials within easy reach. The best time

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Check Your Tax Withholding this Summer

Because you do not wish to end up paying the IRS extra money at tax time, figuring out the amount to withhold in your W-4 worksheet is important and can be complicated. You also do not want to receive a substantial tax refund if you are wise, because you are letting the government borrow your

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Child Care And Tax Writeoffs

The IRS requires anyone accepting money from parents for childcare to file childcare tax returns as a business operator or self-employed operator. If you are operating a home daycare business, the federal tax code allows you a number of deductible expenses. Knowing what and how to record and use these expenses gives you enough time

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Five Things Your Tax Pro Wants You to Know

1. Know what you are doing Getting the basics down allows for you to understand how to set things up to make it easier for your tax professional. The internet provides a wealth of information in articles, videos, etc. Get a basic understanding of how the tax system works, as well as key details on

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Franek Tax Services, Tax Return Preparation, Cary, NC