For many taxpayers the most frustrating part about doing their taxes is getting ahold of a real person at the IRS. The IRS is understaffed and unprepared to take on the daily volume of phone calls they receive. Unfortunately, this has caused callers to struggle with...
There are actually two ways to look at your tax bracket. One is called your marginal tax bracket, and one is your effective tax bracket. Marginal Tax Bracket Your marginal tax bracket is the thing that is most common knowledge. They were recently changed in the newest...
We have been getting this question a bit this year already and we would love to help clarify – at least in part. If I can separate ‘expenses’ into three main categories I can address each of them in a simpler manner. Personal Expenses Personal expenses – which are...
Tax season comes once a year. Not sure what to bring to your Tax appointment? This is one of the most frequently asked questions we receive here at Molen and Associates. Here are some tips on how to get ready. Please remember every taxpayer’s situation is unique there...
Filing Form W-2 The due date for filing 2018 Forms W-2 is January 31, 2019 whether you file electronically or using paper forms. You may request one 30-day extension to file Form W-2 by submitting a complete application on Form 8809, Application for Extension of Time...
