Tax Preparation Tips for Filing Your 2021 Return in 2022
Get Ready to File Your 2021 Federal Tax Return By April 18, 2022 The 2022 tax filing season us coming up, so it’s time to make sure you’re ready to file your 2021 income tax return (Form 1040 or Form...
View Article2022 Federal Income Tax Brackets, Rates, & Standard Deductions
What are tax brackets? The United States has what is called a progressive income tax system, meaning the greater your income, the more you pay. Different tax brackets, or ranges of income, are taxed at...
View Article2022 Federal Tax Calendar
IRS Tax Deadlines for 2022 This is the IRS General Tax Calendar, which includes the 2022 due dates that most taxpayers will need to know for their federal taxes. IRS Tax Deadlines for the 2022 Calendar...
View ArticleFile a Business Tax Extension Online
Business Taxes Are Due Tuesday, March 15, 2016 The IRS allows both individuals and businesses to file for a tax extension, which gives you more time to file your income tax return. However, the rules...
View ArticleWhere to Find Your Amended Tax Return, Using the IRS Where’s My Amended...
It’s really called the “Where’s My Amended Return Tool”? Well, the IRS isn’t subtle. If you’ve recently amended your original tax return and are wondering about its status, the IRS provides a useful...
View ArticleWhen You’re Filling out Your W-4, How Many Exemptions and Allowances Should...
Withhold taxes now or owe taxes next April? [insert superhero tough decision meme] When filling out your W-4 form, it’s important to carefully consider how many exemptions and allowances to claim. This...
View ArticleHow Are Cryptocurrencies Taxed? When You Pay Taxes on Bitcoin, What’s Your...
And you thought e-filing your taxes was the hottest, new-fangled doodad the IRS tracked. When it comes to cryptocurrency taxes, the Internal Revenue Service treats them as property rather than currency...
View ArticleNonprofits With Tax Returns: What Are IRS Form 990 and Form 990-EZ Used For?
There’s no profit in not turning in your Form 990s! When it comes to keeping your organization’s tax-exempt status in good standing, IRS Form 990 and Form 990-EZ are important tools for reporting...
View ArticleTaxable vs. Non-Taxable Income
What Types of Income Are Subject to Tax? Are you trying to determine whether or not all of your income is taxable? While the IRS considers most types of income to be fully taxable, there are certain...
View ArticleWorried About a Low Tax Return? Real Ways to Get the Biggest Refund from the IRS
That moment when you figure out Uncle Sam owes you money instead. When tax season rolls around, many people eagerly await their tax refund check from the Internal Revenue Service. While it’s not ideal...
View ArticleEarned Income Tax Credit (EITC): How To Qualify & File
Overview of the Earned Income Tax Credit (EITC) The Earned Income Tax Credit (EITC), also known as the Earned Income Credit (EIC), was established in 1975 to provide financial relief to low-income...
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