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Category: Tax News

Get up to date on all tax news from the IRS. The IRS is constantly updating us with law changes and new rules. Sometimes, it’s too much to keep up with. We’ll decipher the confusing lingo while you focus on staying current  on what’s really important.

If you have more questions about staying up to date with the IRS, leave a comment. Our tax team is ready to help!

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crypto tax

Crypto Tax Filing in 2023

When filing taxes, it is fundamental to accurately calculate crypto gains or losses. Two elements play a major role in this: the holding period and realized profits or losses. It is, therefore, essential to understand these two components when computing your crypto tax.

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When to Expect Your Tax Refund in 2023

When to Expect Your Tax Refund in 2023

When will you get your 2023 tax refund? Here’s our annual chart with our best estimates. Keep in mind that the answer is never exact, but we can make some educated guesses based on a few factors.

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property tax

Property Tax 2022

When you’re searching for a new home, it’s important to keep property tax in mind. It can add a significant amount to your overall homeownership costs.

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2023 Tax Brackets and Tax Code

2023 Tax Brackets and Tax Code

It’s important to be aware of the major changes made to the 2023 tax brackets and tax code. Such as how inflation is considered when determining your tax bracket also known as “bracket creep,”.

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When Are Taxes Due for 2022 Tax Return

When Are Taxes Due for 2022 Tax Return

When are taxes due 2022? Here, we’ve listed the major ones for the tax year 2022 (taxes filed in 2023).

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fourth stimulus checks

Fourth Stimulus Checks

Unlike previous pandemic relief measures, these fourth stimulus checks payments are much more targeted, and most offer considerably lower dollar amounts. That’s not because governments have developed a mean streak. Instead, it’s about helping Americans whether raising prices without making inflation worse.

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student loan forgiveness

Updates on Student Loan Forgiveness

As higher education costs continue rising, many students struggle to repay their loans. US Government proposes a new income-based repayment and Student Loan Forgiveness plan to make the lending process more manageable for future borrowers.

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How to E File Previous Years Taxes Online

How to E File Previous Years Taxes Online

You can use PriorTax to Efile online previous years taxes returns for up to 3 years after it is due. Simply create or log into your PriorTax account or create a new account to begin to Efile tax returns online.

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tax deductible giving

Tax-Deductible Donations to Ukraine

To be tax deductible donations to Ukraine, these donations need to follow the rules for contributions to charity for use abroad and gifts to a foreign charity. Unfortunately, direct donations to a foreign charity or donations made to a domestic charity that then hands over the funds to a foreign charity are not tax deductible donations to Ukraine.

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easy tax filing

Easy Tax Filing

PriorTax simplifies your tax filing, making easy tax filing possible. Easy Free tax filing is available for current tax year. Otherwise you’ll want to have all of the relevant documents close to hand – either hard copies or PDFs will work.

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