One of the biggest questions people ask after filing tax returns is this: “How much will I get back in taxes?” Contrary to popular belief, the IRS doesn’t keep more than your tax liability and does return the extra. Here are a few basics that will help you determine what you might get back for this year… Click to read more
Taxes deadline means the last day for people to file their taxes. Missing this very important deadline can spell trouble for you and your finances if mishandled. Thankfully, we have a ton of tips for you to use to help you get out of this sticky situation. So if you missed your deadline, here’s what you can do to make things better! Click to read more
When you are filing a tax return, you have a choice: IRS Form 1040a, 1040EZ, or 1040. What you will pick depends on many factors. For this discussion, you will learn when to choose IRS Form 1040a and how to file it… Click to read more
Do you have a tax penalty for underpayment you have to pay for? When tax season arrives, many people find themselves worried about the potential payments they might owe. Thousands of people discover each April that they did not pay enough in taxes or they might not have enough funds to cover the tax bill at the end of the year. If you did not pay enough in taxes, here is what you need to know about tax underpayment… Click to read more
The Internal Revenue Service (IRS) requires different US tax forms for various tax-related transactions with the federal government. There’s a lot of US tax forms available, and it is probably difficult for a taxpayer to figure out those that are highly relevant and necessary for him or her. Below are just some of the IRS tax forms taxpayers accomplish and submit the most… Click to read more
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