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…
If you need more time to file your taxes this year, the IRS allows you to file an extension. That gives you an extra six months to complete your return. And while filing an extension doesn’t prevent you from having to pay your tax bill by the deadline,…
If you sell stocks, Bitcoin or a large asset, such as a car or boat, for a profit, you may be on the hook to pay capital gains taxes on that income. Capital gains are broken into two categories based on the timing of their sale date. Short-term c…
If you are a U.S. resident that invested in Bitcoin or other cryptocurrencies in 2017, you may have recently received a tax document from the trading platform or cryptocurrency exchange you use and may need to pay taxes. While there is currently very l…
More than 60 percent of Americans are stressed about money, according to a survey from the American Psychological Association. And as spring approaches, the oft-cited stress of tax season doesn’t help. The good news is you can alleviate some …
More than 60 percent of Americans are stressed about money, according to a survey from the American Psychological Association. And as spring approaches, the oft-cited stress of tax season doesn’t help. The good news is you can alleviate some …
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, …
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…
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…
Want to maximize your 2017 tax refund? Get organized now.During the first week of the 2018 filing season, the IRS processed more than 18 million individual income tax returns—and issued more than $12.5 billion in refunds.If you’re looking to …
