Is the United States Internal Revenue Services a bureau you don't know much about? It's time to change that. This bureau is an important entity when it comes to your taxes, which is why it is important to be more aware of the bureau's responsibility as well as what it does for the country and its taxpayers. So today, let's take a look at the frequently asked questions about the … [Read more...]
Tax Deductions 2017 | A Complete Guide
Tax deductions for 2017 have significant changes for the Internal Revenue Service and its implementation of adjustments. It's good news for everyone, as these revisions actually benefit the taxpayers. Here's a guide for tax rates on specific deductions come tax season. Tax Deductions 2017 | Changes and Adjustments 1. Single Taxpayers Standard Deduction An increase of … [Read more...]
How To Calculate Your Estimated Tax Penalty
If you are an independent contractor, it's always best to be prepared and know how to calculate your estimated tax penalty. You may opt to overpay, but that won't be necessary if you have an estimated tax payment amount. After all, the money you'll be paying for fines may be better used for something else like an investment. Learn more about how to calculate an estimated tax … [Read more...]
W2 Tax Form | Everything You Need to Know
All Americans must file the W2 tax form, one of the most basic tax forms, every year. For many people, it presents a big challenge. Some might even say they feel quite overwhelmed and intimidated in filling out the form. However, all it takes is a little know-how on how the W2 form works to be able to file it effectively. Here is a quick but comprehensive guide to everything … [Read more...]
TurboTax Help | How To Use TurboTax To File Your Taxes
TurboTax is a good choice for anyone who just wants to answer questions and enter numbers. That’s all it takes to get this program to figure out how much you owe in taxes and then file the paperwork. The Internal Revenue Service (IRS) says filing your taxes online also means you get a faster tax refund. April 17th is just around the corner, so why wait? Use the computer and get … [Read more...]
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