Tax Returns

Tax Guidelines for Children Who Have Investment Income

Did you know that if a child receives investment income they are required to file a federal tax return for 2012? If a child cannot file his or her own tax return for any reason, such as age, the child’s … read more

How to Deduct Business Meals and Entertainment

Meal and entertainment expenses incurred for business purposes are very common, and necessary.   Unfortunately, many businesses do not include the proper documentation for these expenses, and leave themselves open to IRS disallowance upon audit.  These expenses require you to jump … read more

Five Good Reasons to E-file Your Return

Have a Smartphone?  Use an iPad?  Listen to music on an iPod?  If you’re comfortable using those electronics, surely it’s time to file your return using an electronic means.  Here are five good reasons to e-file your tax return: 1. … read more

Save Taxes With Extended Energy-Related Tax Breaks

In addition to permanently extending the Bush-era tax cuts for most taxpayers, revising tax rates on ordinary and capital gain income for high-income individuals, modifying the estate tax, providing permanent relief from the AMT, and imposing limits on the deductions … read more

Safeguard Your Refund – Choose Direct Deposit

Direct deposit is the fast, easy and safe way to receive your tax refund. Whether you file electronically or on paper, direct deposit gives you access to your refund faster than a paper check. Here are four reasons more than … read more

Determining Your Correct Filing Status

It’s important to use the correct filing status when filing your income tax return. It can impact the tax benefits you receive, the amount of your standard deduction and the amount of taxes you pay. It may even impact whether … read more

Don’t Forget About Filing the Arizona Business Property Statement

With all the talk about when taxpayers can begin filing their regular business and individual income tax returns due to recent changes in the tax law, it can be easy to miss the April 1st deadline for filing the Arizona … read more

Amended Tax Returns – What is the Status?

If you have been perusing the instructions for the amended individual tax return (Form 1040X), you have probably seen something quite exciting. What, you say?!  You have not looked at the instructions for Form 1040X?  Could that be because the … read more

Who Should File a 2012 Tax Return?

If you received income during 2012, you may need to file a tax return in 2013. The amount of your income, your filing status, your age and the type of income you received will determine whether you’re required to file. … read more

Welcome


There is nothing more complex than the world of taxes. We know this and yet we chose careers where we face these issues everyday. We get questions day in and day out about new tax laws, forms and news items and how they affect everyday people and businesses. Well, here at Henry & Horne, LLP we have set out to do what we do best; help everyday people understand what is going on in the world of state, local, federal, estate and international taxation. We will provide these weekly posts and we encourage you to give us feedback on those posts as well as letting us know what else you would like to know more about. Welcome to "Tax Insights." We hope you find this blog informative and worthy of your time.


Before posting a comment on a blog post please be aware that we do not give free tax advice to non-clients by email, comment response, or phone. Thank you!


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