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Tax Tips & News: free

Native American Tribes, with Tax-Free Advantage in Mind, Consider the Recreational Marijuana Industry

4 minutes read

Legalized Marijuana Could Be A Boon to Native Americans

With growth from the gaming industry leveling off in most locations, many Native American tribes are now considering a brand new source of income in states where marijuana has been legalized, either medically and recreationally. As more and more states–including New York–legalize marijuana in one form or another, Native Americans will have a huge advantage over other retailers in the business: Tribal earnings are not subject to...

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The Most Important Tax Issues to Focus on This Year, According to the Experts

4 minutes read

The Most Important 2015 Tax Issues

Taxes are never a fun process, and there can be a great deal of confusion about how much to pay or how to get the most money back. With tax season in full swing, many people are finding themselves lost in a flurry of financial advice that’s hitting them from all directions and it’s difficult to sort through all the noise. Here’s some advice from tax experts about what issues they consider the most important tax issues of 2015:

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5 Best Apps for Tax Time

4 minutes read

Best Tax Time Apps

With tax season in full swing, getting your finances in order can be quite the headache. If you’re anything like most people, you’ve spent the entirety of the year putting off organizing your expenses, convincing yourself that you’ll deal with it in due time. While now might be the time, you don’t have to be punished by your procrastination. With a handful of apps for smartphones, tablets, and other mobile devices available, the days of collecting receipts and bending...

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Volunteer IRS Sites Prepare 50% of Tax Returns Incorrectly

3 minutes read

VITA Sites Still Preparing Tax Returns Incorrectly

In a follow up to a report by the Treasury Inspector General for Tax Administration (TIGTA), free income tax preparation sites have made no significant gains in increasing the accuracy of the tax returns they prepare. The new report states that Volunteer Income Tax Assistance sites (VITA) who prepare income tax returns for low/moderate-income, elderly, disabled and limited-English-proficient taxpayers are still filing approximately 50% of...

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