Blog Archives | Rue & Associates

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12
Feb

Filing Taxes: FAQs

Tax time is right around the corner. Every year, there are certain questions many taxpayers have about filing their taxes. In an effort to make the process easier, we’ve addressed some of the most common questions we get about tax …

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22
Jan

What to Do When You Cannot Pay Your Tax Bill in Full

If you’ve just prepared your taxes and have discovered you owe the IRS money, don’t panic. The first thing you need to do is file your taxes on time. If you are unable to pay the entire bill, you should …

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16
Jan

What Does The New Tax Law Mean For You?

For most taxpayers, the biggest change after the new tax law will be whether they continue to itemize deductions, or opt for simply the standard deduction. With the changes, the standard deduction has increased from $6,350 for single filers to …

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08
Jan

Domestic Abuse & Taxes: What You Need to Know

According to The National Coalition Against Domestic Violence (NCADV), 1 in 3 women and 1 in 4 men will experience intimate partner violence in their lifetimes. Abuse isn’t just physical: it is also emotional, economic, and other aspects of controlling your life. …

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12
Dec

Need Childcare Over Winter Break? Here’s How to Save Money

With the holiday season being upon us, it’s often a time for family, friends, togetherness and making memories. But it can also be a very stressful time of year between stretching holiday gift budgets, worrying about January credit card bills and …

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07
Dec

How to Prepare for Your 2017 Taxes | What You’ll Need and How to File

As the holidays creep up, it is time to consider getting ready for tax time; many taxpayers are shocked at how quickly the deadline for filing sneaks up on them. You can avoid the last-minute crush by starting to gather …

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03
Dec

Is Volunteer Work Tax Deductible?

Nearly one-third of Virginia residents volunteer their time every year. During 2016, the economic impact of more than 270 million hours of volunteering was $6 billion. Providing service to help those less fortunate in our communities is important; and if you …

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15
Nov

Why Should I Outsource My Payroll Services?

Small and medium-sized businesses likely spend hours every month on payroll-related tasks. This is often one of the reasons why more business owners have made the decision to outsource their payroll services. However, there are other reasons why it may …

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06
Nov

How Do I Access Old Tax Returns?

There may be times when you need to get a tax return from a certain year, such as if you’re applying for a mortgage or student aid. In the event that you are audited by the IRS or a state …

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06
Nov

Accounting vs. Bookkeeping

Most business have a person on staff who handles the day to day cash transactions of a business. Typically, they are responsible for making a record of receipts, paying day-to-day expenses, and maintaining an accurate record of the money the company is …

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