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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student loan interest

Student Loan Interest and Tax Form 1098-E

Are you aware of the Tax Form 1098-E for Student Loan Interest? For individuals currently repaying a student loan, Tax Form 1098-E may be mailed out from each lender.

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energy tax credit

Energy Tax Credit in 2023

Homeowners can now take advantage of extended energy tax credit for home improvements promoting efficiency and renewable power. The tax credits, available through 2034, are even being expanded starting in 2023.

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prior tax

Unfiled 2019 Tax Refund to Claim Thousands in Tax Return

The clock is ticking for 1.5 million Americans who have yet to file their tax returns from the year of 2019, missing out on potential refunds worth $1.5 billion. Those who still need to file must act fast, as July 17 marks the last chance to claim a tax refund, which could be in the thousands. Don’t leave money on the table.

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Educator Expense Tax Deduction

Educator Expense Tax Deduction

Educator Expense Tax Deduction will let you subtract up to $300 worth of qualified expenses from your taxes for 2022. Here’s all you need to know

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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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