How to Maximize Tax Deductions Through Donations

Every year towards the end of the year you hear about wealthy individuals making extremely generous contributions to charitable foundations. While these donations certainly help the foundations receiving the money, they also benefit the individual donating the funds. You are able to claim charitable donations as a tax deduction when filing your taxes. However, it […]

Why To Get A Tax Extension

With an extension of time, you can leave more time for the preparation of the tax return. The extension of time not only serves to calm the nerves – it can also save money. Because those who covers miss the submission deadline, without having applied for an extension, may receive sanctions.   How to apply […]