Tuesday, September 2, 2014

Avaza Software has launched the world's first online software suite for professional services (Project Management & Accounting) fully optimized for mobile phones / smartphones.

Built for small to medium size businesses, Avaza.com has modules for project management & collaboration, timesheets, expense management & invoicingEach of these modules can be used together or independently to suit a wide range of businesses.

"Avaza is the easy software that helps you get work done, and get paid from anywhere." says co-founder Tim Kremer. "Freelancers, consultants and professional services organizations today typically mix and match a variety of software from different companies to help run their business. Unfortunately these products suffer from weak integrations, leading to data duplication, manual data entry and poor reporting across business processes."
 
Avaza's suite solves these problems and provides a single integrated view of clients and projects, allowing businesses to make better decisions and free up time to focus on what they do best says Mr. Kremer. 

"Avaza brings new functionality to smaller businesses usually only found in large enterprise software and unaffordable to most companies. 

For example, reporting on KPI's such as customer profitability & employee utilization is invaluable for improving the profitability of consulting companies."  Built in the cloud, and embracing modern technologies, all of Avaza's functionality is designed to be accessible from desktops, tablets & mobiles.

Cloud Accounting features include multicurrency expense tracking, invoice delivery & online payments.  Innovations in the project management space include the merging of project management & collaboration functionality.
 
"So many client interactions today are still via email. Email is fantastic for crossing organizational boundaries, however a lot of valuable knowledge often gets lost & forgotten in individual inboxes," says fellow co-founder Behram Khan.

Addressing these issues, every task in Avaza includes email-enabled discussions. Team members and clients are alerted via email when tasks are assigned or discussed. Users can reply directly to emails and add attachments. Responses are centrally tracked against tasks and searchable.

Automatic reminders on overdue tasks help keep engagements on track and are a diplomatic approach when following up on information requests.

"Many consulting industries we surveyed, such as accountants, spend up to 15% of their time following up with clients on information requests. With Avaza's automatic reminders, projects are delivered sooner and clients are happier." says Mr. Khan.

Avaza's target customers include professional services companies such as Accountants, Lawyers, Architects, Management Consultants, Web Agencies, Designers, Software consultants & Freelancers.

Avaza is now available worldwide, with both free & paid plans. Businesses are invited to create their free account at Avaza.com
Posted on 2:08 PM | Categories:

H & R Block Inc (HRB) Earnings Report: What Should Investors Expect? INTU & TAX The Q1 2015 earnings report for tax preparer stock H & R Block Inc (HRB), a potential peer or competitor of Intuit Inc (INTU) and Liberty Tax Inc (TAX), is scheduled for after the market closes on Wednesday (September 3rd).

Peter Graham for SmallCapNetwork.com writes: The Q1 2015 earnings report for tax preparer stock H & R Block Inc (NYSE: HRB), a potential peer or competitor of Intuit Inc (NASDAQ: INTU) and Liberty Tax Inc (NASDAQ: TAX), is scheduled for after the market closes on Wednesday (September 3rd). Aside from the H & R Block Inc earnings report, it should be said that Intuit Inc reported Q4 2014 earnings on August 21st (they reported a wider than expected loss and a tepid outlook) while Liberty Tax Inc reported Q1 2015 earnings on August 28th (revenues decreased by 2.8% to $7.8 million plus there was a net loss of $8.6 million verses $5.9 million). The last time H & R Block Inc reported earnings, shares hit a 3 month high on a strong fiscal year end earnings report.

What Should You Watch Out for With the H & R Block Inc Earnings Report?

First, here is a quick recap of H & R Block Inc’s recent earnings history along with EPS estimate trends from the Yahoo! Finance analyst estimates page:
Earnings HistoryJul 13Oct 13Jan 14Apr 14
EPS Est -0.37 -0.37 -0.11 3.23
EPS Actual -0.40 -0.42 -0.77 3.24
Difference -0.03 -0.05 -0.66 0.01
Surprise % -8.10% -13.50% -600.00% 0.30%
EPS TrendsCurrent Qtr.
Jul 14
Next Qtr.
Oct 14
Current Year
Apr 15
Next Year
Apr 16
Current Estimate -0.40 -0.42 1.98 2.21
7 Days Ago -0.40 -0.42 1.98 2.21
30 Days Ago -0.40 -0.42 1.98 2.21
60 Days Ago -0.40 -0.42 1.98 2.21
90 Days Ago -0.40 -0.42 1.99 2.35

Back in early June, H & R Block Inc reported a 4.1% fiscal year revenue increase to $3.024 billion driven by improved return mix and changes to the company's pricing strategy in its retail locations, digital tax software product enhancements and monetization efforts, and increased Tax Plus financial services product revenues. Returns prepared by and through H & R Block Inc fell 2.6% to 24.2 million worldwide, primarily due to the company's decision to discontinue its US-based free federal 1040EZ promotion in virtually all markets. Fiscal 2014 net income came in at $500 million verses $465 million for fiscal year 2013 while for the fourth quarter, the company earned $3.29 per share, up 36% from a year ago, as revenue grew 16% to $2.56 billion. The President/CEO commented:
"We delivered a strong year of both revenue and earnings growth and lived up to our long-standing tradition of being the world's leading tax services provider. Though we anticipated an overall decline in return counts, our Tax Plus strategy is working, and we will continue to focus on enhancing the client experience and delivering best-in-class products and services to drive profitable growth. Our improving client satisfaction scores are a testament to the value we bring to our clients, positioning us well for 2015 and beyond.”
The CFO added:
"By executing on our Tax Plus objectives, we delivered exceptional results this year, growing both our top and bottom line. Our productivity initiatives enabled us to manage our costs more efficiently and drive margin expansion, while continuing to invest in our business, ultimately creating shareholder value."
The January-through-April period is critical for H & R Block Inc to achieve massive profits to offset losses in other quarters of the year. However, H & R Block Inc has reported larger losses than usual in recent quarters amid rising competition from do-it-yourself tax preparation programs such as Intuit's TurboTax and others. Last April, the company also agreed to sell its banking unit to exit Federal Reserve oversight and focus on tax preparation.

What do the H & R Block Inc Charts Say?

The latest technical chart for H & R Block Inc shows a summer surge after the last earnings report:

A long term performance chart shows that H & R Block Inc has put in a good performance for the past two years but Liberty Tax Inc has been an outperformer and Intuit Inc has been a more steady outperformer:

The latest technical chart for Intuit Inc shows a bouncy uptrend for the year while Liberty Tax Inc has given investors a smother upward rise:


What Should Be Your Next Move?

One thing investors will be watching for is what impact Obamacare may have on H & R Block Inc as many Americans remain in confusion as to how the law will impact them, their tax returns and their refunds. That confusion could help tax preparers earn more revenue at other times of the year. Beyond that, investors and traders alike probably should not expect to much excitement with the coming earnings report.    
Posted on 9:39 AM | Categories:

Atlassian Founder Cannon-Brookes: The Cloud-Accounting War Is Going To Be An Epic Battle

Alex Heber for Business Insider Australia writes:  A war is being waged between cloud-based accounting providers MYOB, Intuit’s Quickbooks Online and upstart Xero as they race to secure small business market share.

Last month Xero CEO Rod Drury poked the bears when he said: “It’s game on with Intuit in the US.” 

At Sydstart today, Atlassian founder Mike Cannon-Brookes weighed in saying while he’s a “huge Xero fan… they’ve got a massive fight there.”

“MYOB guys are not silly, they’ve got a huge install base and are coming back at them. Who wins that fight in the long term, it’s going to be a nice epic battle,” he said.

“But what’s interesting is I think people would’ve written off MYOB two years ago, one year ago and said they have no chance as the incumbent with an install base.”

Pointing to Microsoft’s sustained success as an example of what could be ahead he said “Having an install base of customers makes a big difference.”

With an estimated 70% of small and medium businesses using an accountancy software package, Australia’s small business market is substantial. IBISworld valued it at more than $1 billion. 

But the insights into the economy and small business market cloud-based accounting services have the potential to draw on highlights just how big the data play could be.
Posted on 7:07 AM | Categories:

When Does it Make Sense for Married Taxpayers to File Separately?

Mike Piper The Oblivious Investor writes:   When Does it Make Sense for Married Taxpayers to File Separately?  A reader writes in, asking:
“Under what circumstances does it make sense for a married couple to file separate tax returns rather than file jointly?”
In most cases, it doesn’t make sense. That is, in most cases, a married couple will end up paying more total tax by filing separately than by filing jointly. There are, broadly speaking, two reasons for this.

Reasons Not to File Separately

First, by filing separately, you’re made ineligible for a number of tax breaks, including (but not limited to):
  • The student loan interest deduction,
  • The American Opportunity Credit,
  • The Lifetime Learning Credit,
  • The earned income credit,
  • The premium tax credit (with a possible exception for victims of domestic abuse),
  • The child and dependent care credit (with a possible exception for married people who live in separate homes), and
  • The adoption credit (also with a possible exception for married people who live in separate homes).
The second reason has to do with tax brackets. For married couples in which one spouse earns significantly more than the other, filing jointly allows the income from that higher-earning spouse to stay in a lower tax bracket. Conversely, if the couple files separately, the low-tax-bracket space of the spouse with no/low earnings will go unused.

Reasons to File Separately

There are four general types of reasons for filing separately.
The first reason is simply that the couple is in fact separated (though still married) and filing jointly simply wouldn’t be feasible.

A second, less common reason for filing separately is that one of the spouses has to publicly disclose his/her tax returns for some reason, and the couple wants to keep as much information private as possible (by keeping it off the publicly-disclosed return).

A third reason for one spouse wanting to file separately is to avoid being made jointly liable for any amounts due on the other spouse’s return. (If this is a concern for you, you would do well to discuss the issue with a tax attorney.)

Finally, there are some uncommon cases in which filing separately can actually result in tax savings. These cases tend to be the result of the couple wanting to take better advantage of a particular deduction that is reduced by a certain percentage of their income. For example, the itemized deduction for medical expenses is reduced by 10% of your adjusted gross income (7.5% if you’re age 65 or over). As a result, if one spouse has a lot of medical expenses in a given year, it can sometimes make sense to file separately so that the amount by which the deduction is reduced is a smaller figure (because it’s based on just that spouse’s income rather than the couple’s combined income).

Other deductions that could provide a similar motivation to file separately would include:
  • The itemized deduction for casualty losses, which is reduced by 10% of your adjusted gross income, and
  • Miscellaneous itemized deductions that are (collectively) reduced by 2% of your adjusted gross income (e.g,. unreimbursed employee expenses and tax preparation fees).
Of note: If you’re claiming one of these itemized deductions, rather than simply filing separately, it’s important to do the math both ways (i.e., filing separately and jointly) to see which works better, as the disadvantages of separate filing that we discussed above often outweigh the additional savings you might get from being able to claim a larger itemized deduction.
Posted on 7:03 AM | Categories:

Can You Claim a Business Tax Deduction for Gifts to Employees?

Kevin Hagen writes: When you give gifts in the course of your business, you can claim a tax deduction. But according to the IRS the deduction is limited to $25 for each person to whom you give a gift. So if you give gifts to your employees you could claim a tax deduction of up to $25 for each employee. If the individual gifts have a value of more than $25, your deduction is limited to $25 for each employee.

If you are married, you and your spouse are treated as one taxpayer for this deduction for gifts, even if you each operate a separate business. So if both of you gave separate gifts to the same person, you could deduct only $25 in total for the gifts to that person.

According to the IRS, if your business gives employees goods or merchandise of nominal value at holidays, you can deduct the cost as a non-wage business expense. Gifts other than cash, with a low market value, are considered de minimis benefits that can be excluded from the employees' wages. So for example if you give your employees a turkey for the holidays, you could deduct the cost as a business expense and the value of the gift would not be includible in the employees' income for tax purposes.

But the IRS points out that cash and cash equivalent fringe benefits, such as gift cards, charge cards or credit cards, are never excludable from employees' wages as de minimis benefits, regardless of the amount. So if you give your employees gift cards, the value of the cards would have to be included in the employees' wages as taxable compensation and reported on their W-2s.

Gift certificates would be includible in employees' taxable wages even if the certificates are redeemable only for merchandise that would otherwise be excludible as a de minimis benefit.
Deductions for de minimis gifts of food and drink are not subject to the 50% limit on deductions for business meals. So holiday parties at work would generally be a fully deductible expense for your business.

If you pay your employees a holiday bonus, the bonuses would be a tax-deductible business expense and would be taxable compensation for the employees. The bonus would be subject to FICA tax and federal income tax withholding, generally at a rate of 25% since a bonus is considered supplemental compensation.

Discounts you provide to your employees on goods or services that you offer customers in the ordinary course of your line of business are excludable from the employees' taxable wages up to certain limits. For services, a discount of up to 20% of the price you charge customers can be excluded from the employees' taxable wages. For merchandise, you can exclude a discount of up to the amount of your gross profit percentage on sales to customers.
Posted on 7:00 AM | Categories:

How to Scale an Ecommerce Business in 2014

“How to Scale an Ecommerce Business in 2014″ is a free, 30-minute webinar. The presenter is Armando Roggio, contributing editor for Practical Ecommerce. The sponsor is Avalara, a leading platform for the computation, collection, and payment of Internet sales taxes.
The webinar will occur on Tuesday, September 16, at 2 p.m. Eastern U.S. Time, 11 a.m. Pacific Time.

Grow Revenue, Not Expense

Retailers often think about growth or cost savings in terms of strategies and actions, but sometimes the things that will help a business improve most are its qualities, its abilities, or, more precisely, its capabilities.
Business capabilities describe a company’s capacity to grow revenue without a corresponding increase in operational expense. While there are many important capabilities to scale an ecommerce business, there are three that may help ecommerce operations increase revenue and lower costs in 2014, and it is these three business capabilities that we will cover in this 30-minute webinar.

How to Scale on Ecommerce Business in 2014

  • Ability to create content. Being able to produce, publish, and distribute useful, helpful, and entertaining content will not only attract visitors to your website from search engines and social shares, it will also help convert visitors to customers once they arrive.  We’ll review the state of content marketing in 2014 and explain why it’s essential to grow an ecommerce business.
  • Superb fulfillment management. Shipping is becoming both more expensive and, in the free-shipping era, more of a competitive differentiator. Online sellers must be able to ship quickly and economically. We’ll offer suggestions for streamlining shipping and fulfillment, to remain competitive with even the largest online retailers.
  • Integrate platforms, for efficient operations. To grow profits, an ecommerce business must be able to improve revenue without material increases in operational expense. That often requires syncing an ecommerce platform with other services — accounting, fulfillment, shipping, sales tax, email marketing — to eliminate double entry into standalone systems, thus saving personnel costs.  We’ll review common integrations that allow an ecommerce business to scale.

Q&A

Following his presentation, Roggio will answer questions from attendees.

Date: September 16, 2014
Time: 2:00 p.m. Eastern U.S. Time
Length: 1/2 hour

About the Presenter

Armando RoggioArmando Roggio is (a) contributing editor for Practical Ecommerce, (b) an independent ecommerce merchant, and (c) a seasoned web developer. He has written hundreds of articles at Practical Ecommerce, covering virtually all facets of running a successful online store. He holds a B.A. in English Writing and Journalism from The University of Pittsburgh.

About the Sponsor

Avalara provides fast, easy, accurate, and affordable sales tax compliance for businesses of all sizes. It integrates with virtually all ecommerce platforms, and automatically computes, collects, and remits sales taxes to hundreds of state and municipal taxing entities in the U.S.
Posted on 6:53 AM | Categories:

Monday, September 1, 2014

THE BEST PERSONAL FINANCE APPS AND SOFTWARE

Joe Donovan for Digital Trends writes: Tracking your finances is pretty much mandatory in this day and age, and though you may already use a slew of methods for monitoring your expenses, there’s certainly no shortage of quality software designed for staying in the black and providing you with a detailed report from month to month, or even day to day. Moreover, though most freemium software excels when it comes to barebones budget planning, and provides simple, yet valuable analysis of your spending habits.
Here are our picks for the best personal finance software on the market.
Mint (Android/iOS) — Free
Intuit’s stalwart personal finance service has been around since 2006, quickly becoming one of the go-to apps for those who prefer checking their finances on the go. The notable company is known for additionally offering both TurboTax and the like-minded Quicken. That being the case, Mint also excels in terms of customer satisfaction and feedback. The service takes a mere second to sync with your bank account(s), allowing you view a quick snapshot of your personal finances and providing insightful analytics regarding your spending habits when it comes to food, entertainment, utilities, and other facets of your monthly budget. You can even tailor the app’s underlying budget restrictions to adhere to your own unique lifestyle, or set bill and low-balance alerts in case you often forget the due date for your gas bill is steadily approaching. Mint even tracks your aforementioned  subcategories to give you an up-to-date picture regarding how much you can afford to spend on, say, gas or fast food. Downsides? The software only works in the United States and Canada, and occasionally, the app’s inability to change transaction dates can throw of your entire budget.
Mint
Mint.

Level Money (Android/iOS) — Free

Simply put, Level Money displays your budget within easy-to-read charts that resemble bubbles. However, unlike Mint, Level Money doesn’t really provide analysis of your spending or any indication of what you’re spending money on. Instead, the mobile app’s streamlined interface merely provides graphs detailing your daily, weekly, and monthly allowances. Level Money also allows you to increase or decrease your daily allowance, though its hands-off approach to other most other facets to the problem will likely leave you wanting more. Nonetheless, the app lets you start and sync with your bank account in a matter of seconds, allowing you to edit and save bills to keep track of your monthly spending habits. It may not say how much money you have left allocated for specific purposes, but it will automatically detect income and fixed expenses to show you an accurate overview of your financial situation.
Level Money App Screens
Level Money

OfficeTime (Windows/Mac OS X/iOS) — $47

OfficeTime isn’t necessarily designed for the everyday individual. The software works best for freelancers and businesses owners who need to track billable hours and oversee project budgets, providing you with a simple means of keeping track of your day-to-day activities and plugging in your project expenses. Summary tools also outline the total cost and time of particular projects, and you can set hourly rates or export data and project invoices to dedicated programs such as Excel or Numbers. You can even combine synced data from various project participants to create cross-team reports and monitor which reports are over budget. The software doesn’t offer much in the way of budgeting, but it’s a great way of simplifying the daunting task of recording hours and adhering to a strict project budget. OfficeTime also organizes all of your work by date, and once it collects all of the necessary information, sends a bill to your clients via email.
OfficeTime
OfficeTime

AceMoney (Windows/Mac OS X/Linux) — $50

We admit, Ace Money still looks as if it was inspired by Windows 1998. However, though there are certainly more visually-appealing tools available, AceMoney remains a standout in the field of finance software given its robust feature set and across-the-board compatibility with operating systems and foreign currencies. The desktop app can automatically sync with multiple checking and savings accounts, with additional budgeting options available for selecting from 100 predefined spending categories when it comes time to view your financial summary. Furthermore, AceMoney supports more than 100 different currencies, provides a built-in loan calculator and password protection, and allows you to import older finance data from personal assistants such as MS Money and Quicken. What’s more, the program lets you set up automatic reminders so you’ll never miss a bill, while categorizing every expenditure to provide you with up-to-data account information. And who doesn’t like comprehensive tech support and a lifetime of instant updates.
AceMoney
AceMoney

YNAB (Windows/Mac OS X/Android/iOS) — $60

YNAB, or You Need a Budget, is specifically designed to help you become financially literate — err, more or less. As the name implies, the software provides tutorials on a variety of different financial topics designed to help better your understand of your spending and budging habits. For instance, you can view tutorial specifically designed to help you live off of last month’s paycheck or “save money for a rainy day.” It’s valuable advice, especially when pair with laudable mobile apps that provide updated snapshots of your finances, such as Level Money and Mint. Though the software doesn’t really go into depth about investments given its primary task is to help users break the paycheck-to-paycheck cycle, it does automatically link to your bank account so you’ll never have to manually enter expense reports. It also categorizes your expenses — meaning you’ll always know before you go over budget — it is often available on Steam for a mere fraction of the cost.
You Need a Budget
You Need a Budget

Honorable Mention

Google Wallet (Android/iOS)
Not exactly personal finance software, but Google Wallet is still a worthwhile tool for settling up with friends and select businesses. The allows you to pay or request funds from anyone with a valid email address within the United States. Moreover, once you’ve received your free Google Wallet Card, you can view your purchase history and spend your Wallet Balance as if it was a commonplace debit or credit card.
Posted on 7:55 AM | Categories:

Investment Advisor's Quant Model: Top 10 Overvalued Stocks : Salesforce.com #1 Stock

Summary

  • Our proprietary model screens all stocks on the S&P 500 and uses regression analysis to identify outliers.
  • We only look for stocks that are several standard deviations from the mean in their valuation.
  • The model is based on a mean-reversion assumption for extreme outliers.
  • We have identified the 10 most overvalued companies (growth adjusted) on the S&P 500.

Introduction

Apus Investments' Quant Model ("AIQ Model") uses a proprietary system to identify stocks that are extreme outliers in their valuation relative to the mean of index constituents. The model is currently focused on the S&P 500 Index and uses several criteria to rank stocks:
  • 3 year forward growth rates for revenue, EBITDA, and EPS
  • Trading multiples for P/Sales, EV/EBITDA, P/E and P/BV
  • Cash flow margins and ability to generate cash
  • Leverage metrics and balance sheet strength
After taking into account each stock's current valuation (adjusted for growth rates and leverage ratios) the model uses regression analysis to determine fair value of each company relative to the index constitutions.
Sector specialists will be quick to point that each sector has its own metrics and nuances that a generalist approach does not take into consideration. We agree with this point wholeheartedly, but that is not the purpose of the quant model. The purpose of the AIQ Model is to identify stocks that are such extreme outliers in their valuation (adjusted for growth) that we expect to see some sort of mean reversion regardless of certain qualitative issues or sector nuances.

Top 10 Short Ideas

Based on our most recent screen of the S&P 500 and applying our proprietary system, the below companies represent the top 10 most overvalued (growth adjusted) stocks. We believe all of these stocks are significant enough outliers from the mean of constituents to justify a case for mean reversion.
(click to enlarge)
Source: Author's analysis using Capital IQ consensus estimates.
Salesforce.com (NYSE:CRM) trades at 40.2x 2015E EBITDA and 113.6x 2015E EPS with Revenue growth of 64% and EPS growth of 113% from 2014 - 2016E.
salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. The company offers social and mobile cloud apps and platform services.    
Posted on 7:21 AM | Categories:

Tax Return Estimator: 3 Great Resources

Natalie Cooper for BankingSense.com writes: If you are like many other taxpayers, you may understandably dread the arrival of tax day each year. But if you begin your tax planning now, several months in advance of April 15, you may be able to pay a lot less in taxes or get a bigger refund!
Planning for Tax Day
When you prepare your tax return, you may be one of the many individuals who will receive a refund. On the other hand, you may be dismayed to learn that you own money to the IRS. Being able to estimate your tax liability can help you to better manage your finances, and it may minimize the shock that some taxpayers experience when filing a return. Each year, different tax changes made by the IRS coupled with changes in your own financial situation may affect your tax liability. You do not have to wait to prepare your tax return to learn how much money is owed to you in a refund or how much money you owe to the IRS. Instead, you can use one of several helpful tax return estimator tools online to better manage your finances.

TurboTax.com
Whether you use TurboTax.com to prepare your tax return or not, the website provides taxpayers with several helpful tools and resources. In addition, there are also mobile apps that you can use away from your personal computer for greater flexibility. These tools can be used to help you determine how much money to withhold on your paychecks when you fill out your W-4 form with your employer each year. It can also be used to determine how changes in retirement withholdings, buying a house and even having another child will impact your tax liability. These can be used as planning tools before you make life-changing decisions, or they can be used after the fact to help you better plan and budget for your tax bill.

TaxBrain.com
Through TaxBrain.com, you can complete a very detailed estimation of your tax liability. This calculator is updated annually based on changes with the IRS tax code. It is fairly detailed, and you may need to have your previous year’s tax return in front of you to ensure that you input correct details. It takes into account everything from your age and number of children to your different sources of income and your deductions. Essentially, it walks you through the basic steps you would take when preparing your actual tax return, and you can manipulate some of the numbers to determine how making changes in your financial situation may impact your tax liability. While this calculator may take you several minutes or longer to use, it can provide you with very detailed and accurate information that is important for tax planning purposes.

1040.com
You can also visit 1040.com to estimate your tax liability for the year. This calculator is slightly more simplified than the calculator available to you through TaxBrain.com, but it does ask you to input details about your income, deductions and potential tax credits. It may require less time for you to use than the TaxBrain.com calculator, and it is great for taxpayers who need a rather accurate estimate of their tax liability but who do not require the amount of detail that the TaxBrain.com calculator will generate. This is a user-friendly calculator that may help you to estimate your tax liability and to make informed decisions about your finances.

While preparing and filing taxes may never be fun, you do not have to be surprised by your tax liability for your personal income taxes — and you don’t have to wait until March or April to begin. Whether you decide to use these or other tax estimators available online, you should ensure that the estimator is designed for the current tax year. Most are updated annually, but you may find some that are for previous years’ taxes. You should also be aware that these are estimates only, and they should only be used for planning purposes.
Posted on 6:58 AM | Categories:

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