Home Blogs Category: Tax News

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!

Filter by Category:
2016 Tax Rates and Standard Deduction

2016 Tax Rates and Standard Deduction

Time to reflect on the new 2016 tax rates. Once the new year comes around, we tend to reevaluate ourselves and reflect on our accomplishments (and setbacks) from the past year. This is also a time when we think about how we can better ourselves for the year to come. For many of us, that means […]

Read More
7 Tax Updates for 2016

7 Tax Updates for 2016

5…4…3…2…1….. Happy Tax Season 2016! With the new year comes promises to lose weight, shiny new engagement rings, and of course…annual tax updates. While most tax laws remain consistent from one year to the next, there are some that change. We are here to share a sneak peek of 7 tax updates coming your way […]

Read More
NY Middle Class Families to Receive $350 Check | Tax Rebate

NY Middle Class Families to Receive $350 Check | Tax Rebate

Thousands of NY Middle Class Families will be receiving a $350 Rebate Check from NY State This Month If sometime over the next month you receive a $350 check from New York State, don’t throw it away.  It’s not a joke. Instead, it’s a Middle Class Family Rebate from the state. That’s right, instead of […]

Read More
Federal Tax Debt Relief

Federal Tax Debt Relief

There’s nothing less pleasant than owing the IRS money. Find out how PriorTax can help. Most people who are late on their taxes find there’s nothing to worry about. In fact many get a refund. But for an unfortunate few, late taxes mean crippling debt that seems impossible to pay off. These problems, however, are […]

Read More
How Long Does It Take for the New York State E-File to Process?

How Long Does It Take for the New York State E-File to Process?

New York State says to expect your refund in 14-30 days, but many are experiencing delays Once you’ve filed your federal and state returns, you begin the dreaded waiting game. The states tend to be a little slower than the IRS. So even after you get your federal refund, you could still be worrying about […]

Read More
Hurricane Sandy Tax Relief

Hurricane Sandy Tax Relief

Dealing with Hurricane Sandy’s destruction is a little easier with these tax breaks from the IRS No amount of help will make recovering from the damage Hurricane Sandy inflicted on the Northeast easy, but tax breaks could help ease the pain. Thankfully, the IRS has taken many measures to provide tax relief to Hurricane Sandy […]

Read More
The Back Tax Fallacy

The Back Tax Fallacy

Filing a Late Tax Return Doesn’t Necessarily Mean You Owe Back Taxes The tax world is full of technical jargon that might not mean very much to the layman. But one distinction you really should pay attention to is the difference between back taxes and late taxes, especially if you’ve neglected your taxes in years […]

Read More
2010 Tax Filing: What’s New This Year?

2010 Tax Filing: What’s New This Year?

Here are some important changes you should keep in mind prior to filing your taxes this year. First, the due date to file your Form 1040 is April 18 instead of the customary 15th deadline. This is due to the Emancipation Day holiday observed in Washington DC falling on the 15th this year. The April […]

Read More
Recession? Time to File Back Taxes Online

Recession? Time to File Back Taxes Online

If you owe back tax, use this simple guide to file fast Is a recession the best time to file back taxes? Many tax experts claim that it is! Right now, people who owe back tax also owe other creditors, and knowing which ones to pay first is hard. The good news? The IRS is […]

Read More

Don’t Miss Any Updates

Sign up with your email to receive latest updates.