Individuals, like freelancers or independent contractors, must be mindful of certain self-employment tax forms they need to file before the Internal Revenue Service (IRS). Accomplishing and submitting tax returns for the self-employed may become very complicated, especially for those who are operating businesses in their own homes. What are the tax forms a self-employed … [Read more...]
Late Tax Filing: Fees & Tips for Filing Late Tax Returns
Every year, an estimated 7 million taxpayers in the United States do not pay their required taxes on time. This late tax filing results in about a $28 billion loss for the government. This large deficit impacts the programs run by the government, providing them with a strong motivation to make sure that all citizens and working residents pay their taxes in a timely manner. This … [Read more...]
IRS Tax Guide: Basic Information Every Taxpayer Must Know
Are you in need of an IRS tax guide to help with your taxes? Paying taxes can be a little technical for everyone. To help you with this task, here is a few useful information for every taxpayer. A Helpful IRS Tax Guide for Every Taxpayer 1. What Free Tax Preparation Software Is the Best If you want to get started on doing your taxes, but not really good at all the number … [Read more...]
California Tax Calculator: State Basic Facts
With more than 38 million residents, California is the largest state in the country in terms of its population. The state also has a well-deserved reputation as one with some of the highest taxes. Some, if not most, still want to know how the California tax calculator works. California Tax Calculator: Knowing How It Works In fact, the California base sales tax rate of 7.5 … [Read more...]
Review: H&R Block Online
A search of tax preparation solutions online shows H&R Block Online as one of the most common software options. This software boasts that it offers clients ease in filing common tax forms. This includes a 1040, 1040A, 1040EZ, and Schedule A. However, how does H&R Block Online fare when compared to other online tax preparation softwares? Read our review of the H&R … [Read more...]
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