August Back-to-School Sales Tax Holidays
Take Advantage of Tax-Free Savings This August It’s that time of year again. School will be back in session before you know it and there will be plenty of added expenses as you hurry to buy supplies, electronics, and clothing for your children. Rather than panic, you can find relief in Tax-Free Weekends. Seven states […]
Tax Relief for Unemployed Taxpayers Who Can’t Pay
As if being unemployed isn’t difficult enough, unemployment benefits are taxable, which can just add to the financial burden. It may seem like the unemployed can’t catch a break, but the IRS may have a heart (even a small one) after all. In early March of 2012, the IRS made an announcement stating they planned […]
24 Ways to Save on Your Tax Preparation Fees
In today’s economy, everyone is looking to save money on their groceries, car insurance, monthly rent expenses, and more. Luckily, this can work for tax time too. Below, we’ve outlined some of the top ways you can save money as April 15 nears, including: 9 ways to get prepared for your tax appointment 10 ways […]
Do You Have to Pay taxes on Unemployment Income?
Finding Out if You have to Pay Taxes on Unemployment Benefits Unemployment remains high and is still in the double digits in some states, but many Americans are filing taxes while unemployed for the first time. Tax laws are governed by the state of the economy, and the government makes amendments from time to time […]
Do I Need an Accountant or CPA? Knowing When to Outsource Your Taxes
Finding an Accountant Can Lead to Big Tax Savings If you’re like most Americans you probably have a good handle on completing your taxes on your own. Over the years it has become incredibly easy for anyone with a computer thanks to TurboTax and H&R Block At Home to sit down and go through their […]
How to Spend Your Tax Refund
Whenever tax seasons rolls around there are a lot of people who are chomping at the bit to get their hands on their tax refund. And for good reason. The average tax refund in recent years has been hovering around $3,000, and that’s just for federal taxes. Obviously, a $3,000 windfall could mean a lot […]
What to Do If You Can't Pay Your Taxes on Time
As the tax deadline looms, it is an appropriate time to explore what can happen to a taxpayer who is unable to make their tax payment to the IRS. While this is not a situation you typically plan on being in, it happens to the best of us. At least you have a few different […]
How to Check Your Tax Refund Status and When It Will Be Deposited
Once you’re filed your taxes, either electronically via eFile, sent off by your accountant, or mailed in the old fashioned way, you’re probably wondering when you can get your hands on that tax refund check. You can check your tax refund status 24 hours a day, 7 days a week, using the Where is My Refund tool on the […]
How to File a Federal Income Tax Extension
What happens when the April tax deadline is rapidly approaching but you still haven’t been able to get your tax return ready to file? Well, there’s some good news. You can actually file for an extension. Under the right circumstances, a tax extension is a useful tool that can be used to help your financial […]
The Tax Filing Deadline is April 15th, 2014 but When Should You Mail Your Return or Have it Postmarked?
The tax deadline for 2013 is quickly approaching and I’m sure many of you who were scheduled to receive a tax refund have already filed and even cashed your refund check. But for those of you that owe money this year, the looming deadline isn’t going away. So if the tax filing deadline for 2013 […]
