SOURCE: FinancialUnion.com

FinancialUnion.com

May 25, 2015 04:46 ET

Financial Union, Inc. - Reveals Expert Tax Tips to Minimize IRS Payments

REISTERSTOWN, MD--(Marketwired - May 25, 2015) - The dreaded tax season 2015 is finally over, much to the relief of accountants all over the country who call the first two weeks in April leading up to the deadline on the 15th their busiest season. Surprisingly 30% of Americans actually like doing their taxes, according to a study conducted by the Pew Research Center, while up to 24% wait till the last day to file taxes, leading to long waiting lines in tax accountant offices. The most common explanation to the question why so many people postpone filing their taxes to the last minute is that it is an inconvenient and time-consuming process [source: http://www.people-press.org/2013/04/11/a-third-of-americans-say-they-like-doing-their-income-taxes/]. Driven by the mission to make taxes easier and more transparent, Financial Union, Inc., a leading accounting and insurance adviser based in Reisterstown, stepped up to help taxpayers buck this trend.

Using their expert advice and detailed guides, Financial Union strives to educate individuals and businesses on how to pay their taxes on time and decrease the amount payable. Their tips enable taxpayers to minimize the extra costs of hiring a CPA and Certified Tax Resolution Specialist for professional help. In their monthly newsletter, the firm addresses a wide array of issues that are relevant to American taxpayers. In a recent edition, they offer last minute tax tips, point out which sources of income are not taxable, and advise how to qualify for tax deductions on charitable contributions. The edition also addresses the tax obligations of the recently unemployed, which deductions are available to them, and what to do if their employer filed for bankruptcy.

The Financial Union, Inc. website contains a repository of guides for individuals regarding implications of life events on their taxes, and teaches wealth accumulation and tax saving strategies. For small businesses, the consultant team offers expert advice on growing their business, tax planning, and preparation services. The portal also hosts a high-quality database, known as the Tax Center, which contains important information such as tax due dates, important IRS publications, and state forms and hosts tools like the 1040 EZ Tax Estimator and a Marginal Tax Rate Calculator Free Tax Organizer. Users can sign up and receive important email alerts, such as the approaching tax deadline and take full advantage of the suite of tools and publications that are designed to make filing tax returns as convenient as possible.

The firm's payroll service department helps small businesses with worry-free tax reporting, financing, and cash flow management advice. Special reports such as the W-2, W-3, 1096 and 1099, can also be professionally prepared by the experienced accountants. Their tax services can be used to defer tax liabilities, set up an IRS Payment Plan, and avoid IRS seizures. A dedicated team of experts can help individuals with advice on building personal wealth, planning for retirement income, or structuring an estate. Financial Union, Inc. is at the forefront of custom tax preparation and planning services and is on its way to becoming a thought leader in the industry.

Financial Union Website: http://financialunion.com

Facebook: https://www.facebook.com/pages/Financial-Union/1568956193347270

MarketWatch on Financial Union, Inc.: http://www.marketwatch.com/story/financial-union-inc-delivers-exceptional-accounting-and-bookkeeping-services-2015-03-12

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