Category: Tax Tips and Tricks

Taxes are confusing and cause many taxpayers stress come tax season but PriorTax is here to help. Learn the tax tips and tricks to get you through the preparation process. You could be missing out on more money from the IRS which is why we want to help. We’ll let you know about hidden deductions and rare credits to report on your tax return to maximize your refund. Don’t hesitate to leave a comment on our blog if you have a question about your tax situation. Also, check back here for new tips and tricks throughout the tax season because our team is on the lookout!

2025 Tax Filing with the new Interest Rates and Inflation

admin

Sep 19, 2024

2025 Tax Filing with the new Interest Rates and Inflation

Rate reduction amounted to half a percentage point or 50 basis point. The implications of this development on their finances, savings, and tax situation

Filing Tax Form 1040-NR for Non-Resident Alien

admin

Sep 12, 2024

Filing Tax Form 1040-NR for Non-Resident Alien

IRS Form 1040-NR is crucial for non-residents from outside the US. This form, the 1040-NR, is essential for filing tax returns with the IRS.

admin

Sep 5, 2024

U.S. States With Income Tax Rate Cuts Recently for 2025

broader initiative by states to evaluate and modify income tax cut frameworks in response to shifting economic conditions

admin

Aug 29, 2024

Did You Get Married this Summer or Plan to Marry This Year?

Upon entering matrimony or marriage, your tax circumstances transform. The tax filing options available for the whole year are contingent upon your marital status on December 31

admin

Aug 22, 2024

I Got an IRS Tax Levy, Which is Causing Me Financial Problems.

When faced with an IRS Tax levy, the pressure and strain can be overwhelming, mainly if it results in substantial financial strain

admin

Aug 15, 2024

How Tax Audits Work

Despite common misconceptions, the likelihood of undergoing tax audits by the IRS is frequently overstated.

admin

Aug 8, 2024

6 Back to School Shopping Ideas for Parents for Cost Saving and Tax Savings

As you gear up for back-to-school shopping, remember these tips to maximize your savings and make the most of your budget.

admin

Aug 1, 2024

2025 Tax Withholding and Your W-4

explore some tips for modifying your 2025 tax withholding

admin

Jul 25, 2024

Good for Those Working From Home in 2025

With the anticipation of the expiration of the Tax Cuts and Jobs Act (TCJA), an important change may affect workers who spend part of their workweek at home