Welcome to the TaxGenuity Blog
Identity Theft and Tax Returns: Tips for Taxpayers
Refund fraud caused by identity theft is one of the fastest growing crimes nationwide. Learn more about what the IRS is doing to protect your identity. Stopping refund fraud related to identity theft is a top priority for the IRS. With more than 3,000 employees...
Financial Troubles? 5 Ways to Improve Your Situation
If you are having trouble paying your debts, it is important to take action sooner rather than later. Doing nothing leads to much larger problems in the future, whether it's a bad credit record or bankruptcy resulting in the loss of assets and even your home. If...
2014 Tax Season is Open for 1040 Filers
The 2014 tax season for individual taxpayers filing their 2013 tax returns opened on Jan. 31 this year, 10 days later than usual due to the 16-day federal government closure in October. Small businesses that report their income on Form 1040 on Schedule C, Profit or...
Do You Qualify for the Saver’s Tax Credit?
Low and moderate-income workers still have time to make qualifying retirement contributions and get the saver's credit on their 2013 tax return. Also known as the retirement savings contributions credit, the saver's credit is available in addition to any other tax...
IRS Announces 2014 Standard Mileage Rates
Beginning on Jan. 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) used for business, charitable, medical or moving purposes is: 56 cents per mile for business miles driven 23.5 cents per mile driven for medical or moving...
We Are Excited to Announce the Opening of Our New Office!
TaxGenuity Tax Experts - Office in Clearwater, Florida Our office is located at 1818 Drew Street, in Clearwater, Florida. We are one block east of Keene Road on the north side of the street. Our building is a Key West style building, with a silver metal roof...
Tax Brackets, Deductions, and Exemptions for 2014
In 2014, personal exemptions and standard deductions will rise and tax brackets will widen due to inflation. By law, the dollar amounts for a variety of tax provisions, affecting virtually every taxpayer, must be revised each year to keep pace with inflation. New...
How to Get Paid on Time
Due to current economic conditions, it's likely that collecting on your accounts receivables is becoming more and more of a challenge. Strengthening your collection procedures may allow you to improve collection rates and shorten the aging days of your accounts...
Ensuring Financial Success for Your Business
Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination? Not quite. You can't let your business run on autopilot and expect good results. Any business owner knows you need to make...
Tax Changes for 2014: A Checklist
Welcome 2014! As the new year rolls around, it's always a sure bet that there will be changes to the current tax law and 2014 is no different. From health savings accounts to retirement contributions and standard deductions, here's a checklist of tax changes to help...







