Here’s what happened on Tax Relief Center
1. Work From Home Tax Deductions | What To Write Off
Are you afraid of raising any red flags when you miss indicating the work from home tax deductions on your tax returns? When it comes to filing taxes, there must be no stones left unturned. Otherwise, this may raise suspicion. Here’s a guide on how you can calculate home office deduction and properly settle your dues without fear of an Internal Revenue Service audit… Click to read more
2. Filing Tax Extension | A Complete Guide
Filing tax extension is not uncommon. In some situations, it may be necessary to take this step if you cannot complete your tax return by the annual deadline, which usually falls on April 15th. It is possible to use a TurboTax extension service or an IRS e-file extension in some cases. But, before you take this step, there are a few things you need to know… Click to read more
3. How To File A Tax Extension Form
If there’s no way to make it to the tax deadline, then get a tax extension form. Generally, taxpayers can’t get more time than what’s allowed, but you can ask for an extension. So here are the three ways to file an extension to save time, confusion, and automatically move the deadline to six more months… Click to read more
4. Marriage Tax Penalty | How Does It Work?
Why is there a marriage tax penalty? To make the best decisions about how to avoid this or at least how to manage your finances more effectively, it pays to understand what marriage tax penalty is. It is also important to know how it works. You may choose to avoid marriage tax penalty by filing separately, but it is often not the answer for a number of reasons. Today, we’ll consider these issues and more… Click to read more
5. IRS Tax Forms | Things You Need to Prepare Before Filing
Filing the right IRS tax forms and providing a proof of eligibility to claim tax deductions or credits can legally reduce your financial obligations to Uncle Sam. Generally, you need certain information and documentation when filing your tax return to the IRS. Knowing what the necessary documents are, can ease the exhausting task of collecting them all and increase the chance of saving you money from all the deductions or credits you might qualify for. To speed up the preparation time, these items below will come in handy when filing your returns! Click to read more
What tax tips have you learned this week? Let us know in the comments below.