tax

Are You a Freelancer? Get a Handle on Your Taxes

Freelancing brings a lot of great benefits to the table. You get to control your own schedule. You can charge what you want for your services. You can work from practically anywhere. Yet, being a freelancer also comes with its own set of challenges. On…

IRS Extends Tax Filing Deadline to April 18

Late Tuesday afternoon, the Internal Revenue Service (IRS) announced an extension to the tax filing deadline after its systems for electronically filing tax returns were offline for most of the day. Tax filers now have until midnight on Wednesday, Apri…

1040EZ or 1040A: What’s the difference?

When it comes time to file your taxes, it can feel like there are an endless amount of forms, options, and different qualifiers. How do you know what forms you should fill out?The main form filers use is called the Internal Revenue Service (IRS) Form 1…

How Long Should I Keep My Tax Return?

Your taxes are filed, so you can now breathe a sigh of relief. Right? Well, almost. After filing taxes, most people are quick to toss their records aside with little consideration. But it is just as important to file your tax records away properly as i…

The Skinny on Freelancer Taxes

As a freelancer, you get to be your own boss, work with clients on projects you’re passionate about, set your own hours, and work wherever you want. But there’s one thing about freelancing you don’t have a choice in – and that’s taxes.As with any job, …

W-4 Withholdings after Tax Reform: What You Need to Know

Most changes under the new tax bill signed into legislation in December of 2017 took effect this past January for the 2018 tax year. Depending on a taxpayer’s situation, the impact of that change can vary. Most people’s tax bills will likely go down, w…

W-4 Withholdings after Tax Reform: What You Need to Know

Most changes under the new tax bill signed into legislation in December of 2017 took effect this past January for the 2018 tax year. Depending on a taxpayer’s situation, the impact of that change can vary. Most people’s tax bills will likely go down, w…

When Do the 2018 Tax Reform Changes Take Effect?

Tax reform imposes the biggest change to the tax code since the 1980s. And many people are wondering what’s changed, how it will affect them, and what they should do about it.For most individuals, very little impacts their 2017 return. Except for the l…