Here’s what happened on Tax Relief Center
1. Federal Income Tax Calculator: How to Estimate Your Taxes?
This tax season, if you’re looking for a rough estimate of what you’ll pay, then you can be your own federal income tax calculator. With just a couple formulas, you can find out how much your federal income tax return will be. This article won’t make you the IRS tax calculator genius, but it will help you be more informed about your federal taxable income…. Click to read more
2. Trump’s Massive Tax Relief: Is it the Best Christmas Present of All?
President Trump presented his administration’s massive tax relief plan as some kind of a Christmas gift to the United States. The tax reform was pitched during his keynote speech at the Heritage Foundation in mid-October. Read what The Hill has to say…. Click to read more
3. How Accurate is Turbo Tax Calculator
The Turbo Tax Calculator is an American tax software that aids in tax preparation. It was developed by Chipsoft, now Intuit Incorporated, in the mid-1980s. Turbo Tax has since become one of the most popular tax software in the United States. Keep reading to see how Turbo Tax can benefit you…. Click to read more
4. Personal Income Tax Tips & Tricks You Must Do Before December 31
While the filing deadline of personal income taxes may not be until April, it’s still a good idea to do the math before the year ends. With just a few weeks left before December 31st, now is the time to sit down and ensure you do not miss any tax credit or deduction. These tips and tricks could help you maximize your savings on taxes before it is too late…. Click to read more
5. 9 Common Tax Deductions
Not all taxpayers may know that there are several tax deductions applicable to our annual dues to the government. Surprisingly, these deductions may come from expenses we normally incur in our homes or at work. They, however, come with a set of rules on amount coverage and computation. Here are some common tax deductions you may want to consider on your next tax payment…. Click to read more
What have you learned about tax deduction this week? Let us know in the comments below.