Home Blogs Category: Taxes for Prior Years

Category: Taxes for Prior Years

With PriorTax, it’s never too late to file taxes for prior years. In fact, you can prepare your tax returns with us all the way back to the 2005 financial year. Our tax team specializes in prior year tax returns and can help prepare them as quick as your current return. Most taxpayers are not aware that they can still claim refunds for their late tax returns. You can claim refunds three years past the deadline date.

If you have other questions about your prior year taxes, leave a comment on our blog and our team will give you the answers you need!

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Charitable Distribution

Making Charitable Distribution and Contributions from a Traditional IRA

To make a tax Qualified Charitable Distribution (QCD) from your IRA, you are in luck – Prior Tax provides an easy way to do so. A special feature within the software ensures that this process goes smoothly.

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American Opportunity Tax Credit

American Opportunity Tax Credit

Unlike other education-related tax benefits, which merely reduce income subject to taxation, taking advantage of American Opportunity Tax Credit can offer significant savings

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re-file tax returns

Should I Re-File My Tax Return by Amending Tax Return?

How should one go about re-filing taxes by amending tax returns to take advantage of the new updates, and is it worth the effort

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business tax

How Can You File Your Business Taxes?

Business tax filing can vary depending on the type of business structure in place. To ensure that your business taxes are done correctly

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fix tax return

Fix your Tax Returns to Make Sure Your Federal Tax Return is Accurate

It’s not unheard of for additional information to arrive after you’ve already filed your taxes. This can be something like overlooked credits or tax form 1099 arriving too late in the season. Fortunately, the IRS has created an easy way to fix your tax return by amending it. It can be difficult to ensure your […]

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business computer tax deduction

Take Advantage of Computer Tax Write-Off Opportunities

You may be able to take advantage of computer tax write-offs. So let’s explore what’s available.

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how to prepared amended tax return

How to Prepare Amended Tax Return

Amending your tax return is simple – all you need to do is e-file an amended tax return with Prior Tax. It requires just a few steps, but it can make all the difference in getting the credits and deductions you deserve.

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amend tax return

Amend Tax Return

IRS offers taxpayers the opportunity to fix any mistakes made on a previously submitted tax return by filing an amend tax return form.

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Self Employment Tax Write Off

Self Employment Tax Write Off

you can deduct any work-related expenses you spend on business-related items such as cell phones, Internet service, software, and office supplies. You may also be able to benefit from self employment tax write off some home office expenses.

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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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