Tax News Blogs

Before filing your late 2013 Tax Return, check out the 2013 Tax Tables Whether you still need to file your 2013 tax return or you’re wondering what the 2013 tax rates were compared to the 2014 rates, you’ll need to check out the 2013 Tax Tables. Your 2013 Tax Rate will be dependent on your […]

Nip those IRS late fees in the bud before they make you sick! Tax time creeps up on all of us like a bad head cold. You know it’s coming. There are ways to prevent it from getting out of hand. But, you can’t avoid it completely. There are a variety of reasons why you’ve put […]

If you meet the requirements to claim the Child Tax Credit 2014, your tax bill may reduce up to $1,000 per child. Ever since entering the world, your child hasn’t stopped growing and learning. Along with that comes new clothes to buy, weekly visits to the grocery store, the obnoxious costs of summer camp, and […]

It’s great to give but don’t expect all of it back from the IRS! If you plan on deducting a charitable contribution on your tax return, you’ll want to keep in mind that the IRS places limitations on how much you can actually write off. Generally, you’ll be able to deduct charitable contributions up to […]

Contributions to Tax-Exempt Organizations aka “IRS Qualified Charities” are Tax Deductible If you itemize your deductions (rather than taking the standard deduction), your donations are tax deductible. Don’t get too excited though, you’ll only be able to deduct contributions made to qualified charities and organizations. Not sure what organization to donate to this year? We’re […]

Did you make a donation this year? Here are a few tips for claiming it on your tax return. What’s better than getting a larger tax refund from your tax return? Giving to a good cause. In fact, WebMD.com’s article “The Science of Good Deeds”, explains that giving to others not only gives something called a […]

Working remotely taxes can be confusing, especially if you live in one state and work for a company located in another state. For most, working remotely from home is much more convenient than commuting to a job. There’s no train rides, sitting in traffic or obnoxious co-workers to sit next to. However, trading in your […]

The price of gas has gone down in 2014, and so has the Standard Mileage Rate! Tax Season 2015 is here. Before filing your 2014 taxes, you’ll want to organize any receipts related to the costs of your vehicle if used for business, medical, charity or moving reasons. It pays to stay organized; the more […]

You can File 2013 Taxes Late with PriorTax. If you planned on filing your 2013 taxes by the October 15, 2014 deadline but never got around to it, don’t panic. You can no longer e-file a 2013 tax return, but you’ll still be able to  file 2013 taxes late with PriorTax. Thanks to the 2013 tax software, you […]

Update: This applies to 2018 tax returns and further tax returns with years 2018 – 2025. Due to the Tax Cuts and Jobs Act, performers who receive W-2 statements, or who are recognized as employees can no longer deduct out-of-pocket job expenses. You will only be able to deduct expenses if you are filing a […]