Willem Veldhuyzen
Feb 13, 2025Why Revisiting Your Past Taxes Returns Could Put Money in Your Pocket
At PriorTax, we’ve helped thousands of taxpayers discover overlooked tax deductions and tax credits from past taxes
Willem VeldhuyzenFeb 6, 2025Tax Benefits of Real Estate Investment
When considering real estate investment opportunities, it’s important to acknowledge the potential risks involved along with the various tax benefits real estate investment can offer. Diversifying your investment portfolio through real estate is a common strategy that allows you to potentially generate income from a new source or transform a personal interest into a profitable […]
Willem VeldhuyzenJan 30, 2025Capital Gains Taxes
When you sell an asset, you may earn capital gains, which are the profits from the asset sales. The capital gain taxes rate on these capital gains can vary based on the time duration you held the asset.
Willem VeldhuyzenJan 20, 20252025 Tax Season: How and When You Can Tax File Your Tax Return in 2025
Looking forward to filing your taxes? It’s not a sentiment everyone shares, but if you’ve been anticipating it, tax season is fast approaching. Prepare yourself for the 2025 tax season by noting the important deadlines for submitting your federal tax return, whether by mail or electronically. The official start date for filing is set for […]
Willem VeldhuyzenJan 13, 20252025 Tax Brackets: Federal Income Tax Rates, Filing Thresholds, and What Changed This Year
** updated 3-2-2026 The IRS bumped every income threshold in the 2025 tax brackets upward by roughly 2.8%. That single change ripples through your 2025 tax filing from paycheck, your withholding, and your tax refund or balance due. If you’re filing as a single taxpayer, a married couple, or a head of household, the federal […]
Willem VeldhuyzenJan 6, 2025E File My 2023 Past Tax Online
E-File My 2023 Past Tax Online: Avoiding Penalties, Making Amendments, and Maximizing Your Return Tax season can be stressful, but it doesn’t have to be. E-file your 2023 past tax online with Prior Tax offers a convenient, quick, and accurate way to meet your tax obligations while maximizing your chances of receiving the refund you […]
Willem VeldhuyzenDec 26, 2024Maximize your tax benefits and tax returns from making a car loan or car lease.
Understand the legitimate tax benefits related to vehicle financing such as car loan and car lease. Tax Deduction For Personal Use Vehicles When it comes to individual transportation methods, there are various ways to potentially save money through tax deductions. By itemizing deductions, you have the opportunity to claim the interest on your car loan […]
Willem VeldhuyzenDec 19, 2024Tax Interest Rate For 2025 Q1
The tax interest rate is reassessed every quarter. Non-corporate taxpayers are subject to an overpayment and underpayment rate equal to the federal short-term rate plus an additional 3 percentage points. For the initial quarter of 2025, the latest tax interest rates have been unveiled by the IRS, introducing significant modifications that will affect individuals’ and […]
Willem VeldhuyzenDec 12, 2024Impacts of Recent Tax Policies on Individual Tax and Business Tax
How do recent tax policies and legislation affect individuals, businesses, and different income groups? Recent tax policies and legislation have significant effects on individuals, businesses, and various income groups. Here’s a breakdown: Impacts on Individuals Tax Standard Deductions: In 2025, taxpayers will benefit from increased standard tax deductions. The Tax Cuts and Jobs Act (TCJA) […]
Willem VeldhuyzenDec 5, 2024Top 5 Tax Scams for Taxpayers Should Know
There has been a surge in tax scams, in misleading ads circulating on social platforms, asserting that taxpayers can receive free funds
