Even if you haven’t been nominated for a cabinet position, your past year tax issues can be a big problem later on. For many people, there’s a rush to finish taxes as April 15th approaches, followed by the realization that there just won’t be enough time to file. Some manage to file an extension, and […]
How many times have you just forgotten to do something on your TO DO list? With all our responsibilities, it’s easy to lose track of some of them. Perhaps you didn’t write down that doctor’s appointment. Maybe you were an hour late to a dance recital. You could have even forgotten to pay past year taxes. The […]
Credit scores are something that gets a lot of people in trouble. They get into credit card debt and find out it’s hard to get a house later on in life. Other people with no debt have trouble getting a loan because they don’t have enough of a proven track record. Throw in all other […]
Are you looking for copies of past income tax forms? Copies of past income tax forms are one of the most valuable and most overlooked financial documents out there. While bank statements, student loan debt payment records, and saving accounts can show you how much money you have, your past tax returns create a financial […]
If you’re getting ready to file taxes for this year, one of the most helpful things you can do is have a copy of your past tax records on hand while you’re filing. Not only can it save you time doing your taxes this year, but it can also save you money throughout the year. Past tax […]
“If you can fool the IRS, I might as well let you fool me.” -Anonymous Whenever you borrow lots of money, enter a new lease, or possibly need a general credit check, someone is likely to ask you for your tax return for previous years. Why? Because tax returns for past years offer a wealth […]
If you’re worried about getting hit with high interest rates and penalties, or you’re missing the chance to collect a big refund, now could be a great time to file past years tax. You can take a few quick steps to make the process easy, and there are even some tips and tricks to minimize […]
Most of us have missed a deadline once (ok, maybe twice) in our life. Maybe we turned a paper or school project in late. Maybe we missed a great deal on plane tickets by this much, maybe we just plum forgot something. For example, to pay our taxes. Maybe that deadline we forgot was (*gulp*) filing […]
Some military income is excluded from taxes, but the rest you must include in gross income You don’t get to exclude all of your income from tax just for being active duty in the military. However, the IRS does allow you to exclude certain types of military income from gross income, which means you don’t […]
Filing past year tax returns aren’t fun — and it isn’t supposed to be! The IRS has designed the process so that the average taxpayer will strongly prefer filing on the due date. While that’s fine as a way to encourage people to file early, it’s not such a great way to get people to […]
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