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Should I Itemize My Deductions?

Should I Itemize My Deductions Instead of Taking the Standard Deduction? While filing your taxes, you can claim the standard deduction. This standard deduction varies on your filing status and allows you a deduction even if you haven’t saved any receipts over the tax year. Although most taxpayers take the standard deduction, there are some […]

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What Are Tax Statute of Limitations? Refunds, Audits & Liabilities

Are you wondering if the IRS can still audit old taxes or still collect tax settlements? Maybe you want to know if you can still receive an old tax refund? Whatever your tax situation may be, the IRS tax statute of limitations has a set time period for receiving your tax refund, to be audited […]

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A Holiday Carol to Believe; $1000 Child Tax Credit You Can Receive.

A Holiday Child Tax Credit Carol For All!    Christmas day is soon and Hanukkah is now here, That means the dreaded Tax Season is getting near. Before filing, there are some things you should know, So we made a carol to make it less tedious and slow!   There is a tax credit you […]

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¿Puedo Presentar Los Impuestos de Años Anteriores?

¿Puedo Presentar Declaraciones de Impuestos de Años Anteriores? Como hacer los taxes? Nunca es demasiado tarde para presentar declaraciones de impuestos. Si no ha presentado su declaración de impuestos para años anteriores, debe presentar su declaración de impuestos lo antes posible.  Después de 15 de Octubre, no puedes presentar su declaración de impuestos con el […]

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What Should I Know About The New York City Tax Rates?

If you lived in New York City or just worked there, you will have to file New York City income taxes. New York, New York; There is no place like it. New York City attracts millions of people from literally everywhere. New York has remained for years as one of the ten most expensive cities […]

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How Long Do I Keep Old Tax Returns?

Fall is a great time to go through old belongings, throw out and donate what you don’t need and organize what you want to keep. Fall cleaning often means throwing out a bunch of useless papers and junk. However, it’s a good idea to be careful of throwing away old tax returns.The general rule of thumb […]

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I Was in the Military and Need to File Prior Year Taxes

Were you deployed during tax season and didn’t file taxes? If you were in the military and missed filing prior year taxes, it’s not too late. If you were deployed and missed filing taxes, don’t worry. In fact, tax deadlines are extended for many of those in the military. Not to mention, the deadline extensions […]

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Federal Tax Debt Relief

There’s nothing less pleasant than owing the IRS money. Find out how PriorTax can help. Most people who are late on their taxes find there’s nothing to worry about. In fact many get a refund. But for an unfortunate few, late taxes mean crippling debt that seems impossible to pay off. These problems, however, are […]

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Can I Take Late Returns to My Local IRS Office?

Taxpayer Assistance Centers no longer accept returns for filing. You should mail your late returns to the correct IRS processing center. There are IRS Taxpayer Assistance Centers (TACs) located all across the country. They can provide you with personal, face-to-face tax assistance if you have a problem that can’t be resolved online or over the phone. […]

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Reporting Tax Evasion

Reporting tax evasion not makes sure they everyone is treated fairly and the government is properly funded, but could earn you a reward too We know, the economy is rough. But that’s no excuse to skimp when it comes to paying taxes. Much as we all hate forking over money to Uncle Sam, it’s ultimately […]

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