Tax filing day

"Taxes are what we pay for civilized society." - Oliver Wendell Holmes, Jr. Today is the deadline for filing your 2012 federal income tax returns (unless you get an extension). The IRS website has these Free File options for the do-it-yourself folks out there. The Virginia return is not due until May 1st. If you … Continue reading Tax filing day

AMT patch needed now

Looks like tax season is going to be delayed - again. According to The Journal of Accountancy: As the end of the year approaches, media attention is focused on the “fiscal cliff,” but a much more immediate result of Congress’s inaction threatens the 2013 filing season: the alternative minimum tax (AMT) patch, which expired at … Continue reading AMT patch needed now