Did you miss the tax deadline for your 2017 taxes? Although you’re late, you can still file your late 2017 taxes. However, you won’t be able to e-file your tax return. Dates to remember The 2018 tax season ran from January 29, 2018, to October 15, 2018. The official tax deadline was April 17, 2018, […]
Set an alarm on your phone, write on your notepad or put an “x” on your calendar. Like most taxpayers, you may be rushing to claim your prior year refunds. If you remember that you have a 2016 refund waiting for you, you’re not too late. Read below to find out if you can still […]
Important upcoming deadlines you need to know. Tax season is a stressful time for some taxpayers. However, knowing each tax deadline will give you a heads up so you know how to stay on top of your game. For all the 2019 tax deadlines that are left, take a look at the list of due […]
The new tax season brought in a lot of changes, and your job expenses are one of them. If you’ve noticed on your tax returns that you can’t deduct your W-2 job expenses for 2018, you’re partially correct. Unfortunately, not everyone can claim their out-of-pocket job expenses. Here’s the breakdown. Eligibility The new tax laws […]
Unfortunately, education isn’t free for some students. If you’re a college student, parent, guardian or anyone paying out-of-pocket for tuition, fees, and required course materials needed for enrollment, you will receive a Form 1098-T. This tuition statement form reports all of your transactions, which means the payments you make to your school. What does a 1098-T […]
Did you forget to file your 2018 taxes? Whatever the situation may be, when it comes to filing a forgotten tax return, stress usually rears it’s head. We’re here to help. If you haven’t filed your 2018 tax return as yet, you may be confused why the 1040 form looks different. Here’s what you need […]
The IRS finally released the new 2018 tax return. You’ll see some obvious changes in the new tax return. But first, here’s a breakdown of how to report your tax information. Keep reading to find out how filing this upcoming tax season will be different. Introducing Schedules 1 – 6 Form 1040 will be shorter […]
Generosity has its perks, or rather its tax benefits. Keep in mind, taxpayers are able to easily itemize once they exceed their standard deduction. This typically happens by taxpayers claiming charitable donations along with any expenses they have. It then becomes greater than their standard deduction. However, the standard deduction is twice the amount for 2017. […]
We’ll surf through crowds to get our hands on the newest flatscreen tv. Like most Americans, we rush to get deals on Black Friday, or even better Cyber Monday. However, taxpayers rely heavily on Cyber Monday to buy the items they have on their wishlist because if an online retailer doesn’t have a physical presence […]
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