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Wedding Season Tax Tips

With the average wedding costing almost $30,000 before the honeymoon, it is understandable why many brides and grooms are looking for ways to save money. While it is not guaranteed that the photographer and wedding cake will come cheap, you may be able to deduct some of your wedding expenses and save some cash when [...]

Tax Tips for Those New To Self-Employment

Today it is easier to start a business more than ever before. Business resources have flooded the Internet, and business gurus, brand experts and accountants offer business owners free advice on blogs and social sharing sites. With access to such knowledge, it is not surprising that businesses by self-starters are popping up everywhere, from Etsy [...]

Tax Tips for Empty-Nesters

If all of your children have left home and moved on, it is time to start thinking about ways to save on your tax bill. There are actions you can take throughout the year that will keep your taxes low, and put money back into your pocket. File a brand new W-4. If you have [...]

Legitimate Tax Breaks For Bloggers

Back to School: Save Money with Educational Tax Credits

It’s back to school time; many stores offer Back to School specials to help parents and students save money while getting all the supplies they need for the school year. Schools can be very expensive, so we at US Tax Shield decided to share with you some helpful tax tips on how to offset education [...]

Tax Tips: Selling Your Home

Are you thinking about selling your home? Here is a tax tip for you – you may not need to report the profit from the sale of your home on your tax return. If you sell your house at a gain, you might be able to deduct at least a part or even all of [...]

How to Avoid IRS Problems

The IRS may not immediately detect taxpayers who are facing IRS problems, but eventually they do catch up. There are steps, that when followed, should keep taxpayers out of trouble. The first step in avoiding IRS tax problems is to file a tax return that is completely and accurately filled out. It is always advisable [...]

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Tax Help in Calculating Income Tax

With the current economy and increasing prices, many people are focusing on discovering multiple sources of income. Especially when earning income from more than one source, it is important to be sure that enough money is put aside to pay income taxes. Unless total annual income falls below a certain level (depending on filing status, [...]

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Tax Relief for Low to Moderate Income Individuals & Families

In today’s economy, it can be difficult to obtain a good paying job. Many hard working people do not earn a high rate of pay, and paying income taxes increases their financial burden. Working people with low to moderate income may qualify for the Earned Income Tax Credit, or EITC. The federal government has established [...]

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How to Stop a Tax Wage Levy (Garnishment)

In this economy many of us are falling behind on paying for our debts and taxes, and one of the more serious consequences is wage levy (garnishment). Wage garnishment means that a portion of your paycheck is automatically sent to debtors (including tax authorities) before you get it. Many wonder about how to stop tax [...]

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