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Check Taxes

Just as checking the insulation can minimize a house’s hidden heat loss, checking taxes can minimize dollars lost to overlooked taxes.  It starts with getting financial and other records organized and understanding types of taxes, key components of federal income tax, minimizing taxes owed, and filing your return.   

BYFH Framework CT HALF

 

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Get Organized

Types of Taxes

Income
Employment
Property
Sales & Use
Estate

Key Income Tax Concepts

Reporting Income
Adjustments & the AGI
Deductions & Credits
Payments & Withholding
         - Adjust Withholding
 Paying Less
         - Tax Favored Accounts
         - Other Tax Savings

Prepare & File Your Return

Choosing a Preparer
Filing & Refund Options

Helpful Resources

Common Tax Terms

 

 

PHFA.org