Tag Archives: taxes

What is the difference between taxable income and adjusted gross income?

When doing your taxes, you will find that there is a difference between taxable income and adjusted gross income. Understanding the difference can be useful in various areas. For instance, if you are applying for a loan or for certain … Continue reading

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How can I get a copy of my W-2 from previous years?

Obtaining a W-2 form from past years is necessary for filing your taxes, especially if you are preparing for an audit or have been informed of possible tax refunds by an accountant. You might be asked to submit proof of … Continue reading

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Why does a mortgage company need a transcript of tax return?

When applying for a mortgage, the potential borrower is asked to submit several pieces of documentation to the lender. Documents that are typically required include recent tax returns, pay stubs, W-2 forms, statements from any bank and investment accounts and … Continue reading

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Check & Report Tax Scams: How You Can Do It

The Internet is growing like a forest fire since its inception and this has opened doors for criminal activities, frauds, scams, etc. The tax frauds and scams are no exception for cyber fraudsters. While it is suggested that you must … Continue reading

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