Home Blogs Category: Tax Tips and Tricks

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!

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Recovery Rebate Tax Credit

RRC Recovery Rebate Tax Credit for a Limited Time Only

May 17th, 2024, is the last day to claim your 2020 Recovery Rebate Tax Credit

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missed tax

What to do When I Missed the Tax Deadline

Consider these approaches to complete your tax return and receive your refund promptly if you have missed your tax deadline.

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state tax deadline

States With Longer Tax Filing Deadlines

Delaware, Hawaii, Iowa, Louisiana, New Mexico, Oklahoma, and Virginia State Tax Filing Deadlines that are later than April 15

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2024 Crypto Tax

The specific 2024 crypto tax rate you pay on cryptocurrency transactions is influenced by how long you

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What to Consider For Tax Filing Extension in 2024?

Should you require additional time for tax preparation, consider utilizing PriorTax Free request for tax extension or complete and submit Tax Form

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previous year tax return

E-Filing My Previous Year Tax Return

When individuals neglect to submit their overdue previous year tax returns, they may face repercussions from the IRS, such as incurring penalties and interest,

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previous year taxes

How to File Previous Year Taxes

If you ever find yourself in a predicament requiring the filing of previous year taxes, rest assured that the process is quite straightforward.

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2024 tax

2024 Tax on Digital Assets and Digital Transactions using Venmo and Crypto

Another year has come around, bringing with it the annual task of navigating the intricacies of the tax code. Once again, we are faced with the complexity of 2024 tax rules as we explore benefits such as tax breaks for electric vehicles, workarounds for SALT deductions, incentives for retirees, and a fresh filing system for eligible taxpayers.

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crypto taxes 2024

Types of Crypto Taxes in 2024

Exploring the various crypto transactions and crypto taxes consequences is essential for individuals navigating the world of cryptocurrency. This analysis centers on the tax implications of crypto activities in the United States

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2024 business tax

Last Day for Business Tax Filing for 2023 Taxes in 2024

With the 2024 business tax deadline approaching fast, businesses registered as an S Corporation, Partnership, or LLC taxed as such need to file their tax returns by this Friday, Mar. 15. To avoid harsh penalties, make sure to submit your documents on time or explore the option of an extension to ensure compliance.

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