As tax filing season unfolds, many taxpayers are taking the bull by the horns and doing their own taxes. Though it may seem like good news for the individual taxpayer, it’s important to watch out for common tax filing mistakes. Tax preparation software makes some errors like addition and subtraction blunders less likely, but even […]
Tax Season
Time to Check Your Withholding
Have your personal circumstances changed lately — have you gotten married, had a child, bought a house? If so, it may be an appropriate time for you to review your withholding. The IRS offers workers the opportunity to perform a quick “paycheck checkup” to make sure they have the right amount of tax withheld from […]
Does the IRS Disagree with Your Income Figures? 7 Critical Steps to Take Next
It is one of the scariest things that can befall a taxpayer – the dreaded notice from the IRS stating you owe them more money you can’t pay. When you open up the mailbox and see the return address of the tax agency staring back at you, your heart is bound to skip a beat […]
Revisit and Review Your Last Tax Return
WesTax, Inc offers a complimentary review of a tax return that you have already filed. Whether you just want that peace of mind, paid some tax you didn’t understand or just not sure that you were on the same page as your preparer, contact us to schedule your complimentary review! Contact us @ maurie@westaxinc.com or 941-893-1791 […]
Real Estate’s on a Roll. Will It Continue?
Anyone looking to buy or sell a home lately has probably been hit by sticker shock. Residential real estate prices have gone through the roof, increasing at rates unseen since 2005. According to S&P Case-Shiller, home prices in March saw their highest annual rate of growth in over 15 years — up 13.2% from a […]
Key Things to Look for in a Tax Relief Firm
Key Things to Look for in a Tax Relief Firm No one wants to be on the bad side of the IRS, yet that is where millions of taxpayers find themselves each and every year. As enforcement efforts ramp up at the IRS, the number of letters and communications landing in mailboxes is continuing to […]