Hope you had a happy St Patricks Day over the weekend (and that you don’t have a headache today.) While not a celebrated national holdiay, we treat it as such, even if we aren’t irish.Well there is another holiday that is even more useful; it gives you an extra day this year to file your taxes. It is called Emancipation Day and it is celebrated in Washington DC on April 16 (making it a holiday for the federal government). So because April 15 is on a Sunday this year, you would normally have to file by April 16. But because of Emancipation Day you have until April 17 to file in 2012.Here is a little more information about Emancipation Day:http://www.timeanddate.com/holidays/us/emancipation-day-dcRemember, You can count on us to count for you!
Brian’s Tax Musings – Filing Married Joint vs Married Separate
It is usually to a married couples advantage to file married joint. But there may be times when it is better to file married separately. See this article by Kay Bell in Bankrate.com:http://www.bankrate.com/finance/money-guides/tax-filing-for-couples.aspxIf you have questions, call me at 818-317-6035 or email me at bstonercpa@sbcglobal.net amd we can discuss them.Remember, You can count on us to count for you!
Brian’s Tax Musings – What to give your preparer for house purchase
If you bought a house in 2011, you need to remember to bring the settlement statement from the house to your tax preparer. That will allow them to calculate your tax basis in the house, see if there are any points or proeprty taxes to deduct, plus other possibly important information. Also remember to bring your property tax payments and interest form 1098 (if you have taxes impounded the 1098 will cover both.)Any questions call me at 818-317-6035 or email me at bstonercpa@sbcglobal.net and we can discuss them.Remember, You can count on us to count for you!