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Nov 25, 2022

eFile Taxes and Tax Extension

You can eFile taxes for federal and state income tax returns electronically with the free support from our PriorTax Tax Service Professionals. In addition, you may eFile your taxes with Tax Extension for additional time to complete your tax filing.

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Nov 7, 2022

Child Tax Credit 2022

The Child Tax Credit 2022 is a powerful tax tool that can save your taxes. The Child Tax Credit 2022 is now worth up to $2,000 per qualifying child and used to reduce the tax you owe.

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Oct 30, 2022

Tax Write-Offs

While people typically think of business expenses when thinking about tax write offs, these may also be tax deductions, credits, or expenses you are entitled to claim against your personal taxes, also reducing your individual taxable income.

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Oct 20, 2022

Self Employment Tax

Self employment tax is a tax that comprises two taxes: Social Security and Medicare. All working Americans pay self employment tax. The IRS enforces it rigidly. There are only a few exceptions to the requirement to pay this tax to date. So yes, we all pay for it.

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Oct 13, 2022

1099 NEC

Are you self-employed? Do you work as an independent contractor, gig worker, or small business owner? Then you may need to file a Form 1099-NEC.

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Oct 7, 2022

The Difference Between 1099 vs W2

If you are working both as a W2 salary employee and a freelancer, you will need to file Tax Form 1099 along with your regular W2 tax return. Because the IRS treats every 1099 payment as taxable income, you are required to report your 1099 payments on your tax return. Let’s get into 1099 vs W2 right away.

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Sep 22, 2022

Updates on EV Tax Credit

The EV tax credit may be just what you need. For the tax year 2022, the credit amount is $2,500 to $7,500, depending on the battery capacity in your electric or alternative motor vehicle. So if you are thinking of going clean and green, this could be a great way to save some money.

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Sep 14, 2022

Filing Freelance Taxes for Fiverr or Upwork Gig Workers

As a freelancer taxes or filing 1099 online can feel like an impossible challenge. But with the proper guidance from our Tax Service Professionals, it doesn’t have to be so daunting. This freelancer taxes guide outlines everything you need to know to file your 1099 freelancer income taxes quickly and minimize your tax bill as much as possible.

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Sep 9, 2022

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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Aug 30, 2022

E-file Hawaii Tax Online for a Simple and Easy Tax Filing

evenue. Our Hawaii tax online experts work diligently year-round to stay up-to-date on the latest Hawaii Tax Laws so that we can help lower your state tax burden

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