What is the best filing status for taxes?

How to Choose the Best Filing Status

What Filing Status Should I Use?

It is very important to select the correct filing status when filing your individual tax return. Many tax credits, deductions, and the amount of taxes paid are dependent upon the filing status selected. At times, more than one filing status may apply to you. In this case you should work with your tax advisor to figure out which status is best for you.

The 5 Filing Statuses:

  • Single
  • Married Filing Jointly
  • Married Filing Separately
  • Head of Household
  • Qualifying Widow(er) with dependent child

Read moreHow to Choose the Best Filing Status

The Handy Tax Guy Does Taxes the Fun Way!

The Handy Tax Guy is here to give you a complete virtual tax service trouble-free with a human touch unlike any financial service out there. We’re here to help alleviate your tax worries and to make the process of yearly web tax preparation as painless as possible.

We bring our services directly to you via SKYPE so you’ll never have to leave your home or office to file your tax return again.

Check out the quick video below to see how it works! 

Read moreThe Handy Tax Guy Does Taxes the Fun Way!

tax credit and deduction

Tax Exemption vs. Tax Deduction. What’s the Difference?

Are you ever confused when your tax advisor says “take this exemption” or “let’s use this deduction?”

Don’t worry, you are not alone.

Most tax payers are not aware of the difference between a tax exemption and a tax deduction. I take pride in teaching you how to achieve financial peace in many different ways and this is one topic I’d love to explain to you.

Now let’s break down the difference between a tax exemption and a tax deduction!

Read moreTax Exemption vs. Tax Deduction. What’s the Difference?