Tax News Blogs

With the 2024 business tax deadline approaching fast, businesses registered as an S Corporation, Partnership, or LLC taxed as such need to file their tax returns by this Friday, Mar. 15. To avoid harsh penalties, make sure to submit your documents on time or explore the option of an extension to ensure compliance.

Filing their tax returns in 2024 can benefit from a standard tax deduction in fiscal year 2023, single tax filers are entitled to a standard tax deduction of $13,850, while joint filers can claim

EV tax credit provides a dollar-for-dollar reduction of the taxes you owe

If you have ever carefully listed out your itemized tax deductions before, especially if you own a home, consider a different approach now.

Explore our tool that contrasts the Standard Tax Deduction and Itemized Tax Deductions. In just a short amount of time

When it comes to tax deadline for business partnerships (such as multi-member LLCs) and S-Corps, the usual timeframe is by March 15

The Biden Administration is Forgiving $1.2 billion in Student Debt Forgiveness for 153,000 Borrowers. 

On weekends, taxpayers can anticipate the processing of their tax refunds by PriorTax and our dedicated tax professional, although they should still expect the weekend tax refunds to be processed within the typical operational timeline.

Accurate Tax Filing for Maximum Tax Refund for Past Tax affecting the Current Tax Year

Discover more about why one might consider filing back taxes and the steps involved in initiating this procedure.