For the majority of tax filers, tax season is over. April 15 marked the last day to submit your return – unless you filed an extension. So, how’d the season go? Below is an industry-wide recap plus a little tax filing myth-busting insight.
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If you ask people whether they think the Tax Cuts and Jobs Act of 2017 helped them or cost them more money, you may hear different answers.
If they recently filed their taxes, the foremost thing in their minds may be whether they got a tax refund or no…
If you ask people whether they think the Tax Cuts and Jobs Act of 2017 helped them or cost them more money, you may hear different answers.
If they recently filed their taxes, the foremost thing in their minds may be whether they got a tax refund or no…
The last day to file your 2018 tax return is April 15, 2019.
If you’ve procrastinated on completing your taxes for the year, don’t push it off any longer. Here’s why you should not wait until the last minute to start.
Avoid th…
There may be some areas of life in which you can avoid a problem, and it gets better or goes away.
Unfortunately, owing a big tax bill to the IRS is not one of them. In fact, the more you ignore your taxes, the worse they get.
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The IRS recently announced tax penalty relief for taxpayers who didn’t pay enough of their 2018 federal income tax liability last year due to the changes in tax reform.
Penalty Relief Explained
Federal income tax wo…
We all know how important it is to save for retirement. If you’ve started contributing to a retirement plan, at work or on your own, the next thing you’ll want to know is how to deal with it on your tax return.
Fortunately, entering retirem…
One thing we know about the most significant tax changes in decades: it will affect your tax return. While other tax code changes throughout the years may have tweaked obscure credits and rules, the tax reform signed into law in December 2017 made chan…
There’s always plenty of hubbub about tax refunds, but in all reality, lots of Americans end up owing the IRS money after they file. Self-employed people even need to pay a quarterly tax bill! Fortunately, the IRS makes it both simple and conveni…
If tax time doesn’t bring you a lone W-2, but instead a 1099-MISC — or even several of them — you’re no longer that unusual. More than one-in-five members of the working-age population are freelancers or self-employed, according to the Freelancer…
