Calculating taxes on income can be confusing. There are several things to consider when figuring this out such as: determining your gross and taxable income as well as the applicable deductions. The numbers can be confusing, so read on to learn about all the things to consider when calculating your taxes on income… Click to read more
Are tax preparation fees deductible? This question is common among self-employed people who seek and pay for professional help in having their dues computed from their taxable income. Fortunately, the answer is “yes,” according to the Internal Revenue Services (IRS). So how can a self-employed taxpayer apply for this deduction in settling his dues to the federal government? Here’s a brief information about tax preparation fees deduction… Click to read more
IRS payments can seem like a tiresome, complicated burden at times. But you shouldn’t let this result in penalties for late or inaccurate filing. If you’re having trouble figuring out your balance due to the IRS, we’ve made this simple guide to help you out… Click to read more
Anyone who is filing taxes should ask the right questions that may benefit them in the long run, such as what are tax exemptions and what do they need to qualify? Understanding them can help you reduce your tax liability… Click to read more
Need help finding IRS tax forms in your state? We’ve got you covered with this comprehensive list of Internal Revenue Service (IRS) tax forms required on U.S. soil for tax year 2018. This list also contains interesting facts and need-to-know bits that will come in handy before you file your estimated tax. For a faster search, use the “Search” function on your browser to find your state… Click to read more
What have you done this week? Let us know in the comments below.