In the minds of a lot of people, tax filing is complicated. And while filing your taxes requires a certain degree of attention to detail, things can be a lot easier when you keep accurate tax records. Keep reading to discover exactly how maintaining comprehensive records makes taxes easier–and how it can even result in…
Marriage involves a lot of planning: organize a party, find a new house, plan your honeymoon… and update your tax information. If you are getting married soon, here are some tax tips you should keep in mind. Name Change If your name changes after getting married, it’s important to notify this change to the Social…
If you received unemployment compensation in 2020 then you may qualify for a tax refund. The IRS is reviewing the tax returns filed before the American Rescue Plan became law in March of this year to determine the taxable amount of unemployment compensation. The American Rescue Plan excluded up to $10,200 in unemployment compensation per…
Did you file your taxes on time but just realized that your return has errors or is missing information? Then you may need to file an amended return. Keep reading to learn everything about amended returns, from what they are to how to file one. What Is an Amended Tax Return? An amended tax return…
Tax Day, which this year was on May 17, is already behind us. This means that if you forgot to file and pay your taxes, you have to take action right now. Here’s what you need to know. What to Do If you Couldn’t File Your Taxes by May 17 Here there are two basic…
The deadline to file your taxes is almost here. If you are among those who can’t file their tax return by May 17, don’t worry. You can request an extension file that will give you more time to prepare your return. Keep reading to learn more about this useful alternative. What Is an Extension to…
The deadline to file your tax return is Monday, May 17, 2021. Here are four tips you should keep in mind to make the process as simple as possible. Avoid These Common Mistakes It’s always advisable to file an error-free tax return. This is a list of some common mistakes that can be easily avoided…
As the May 17 deadline approaches, it’s important to make sure that you file a precise, error-free tax return. That’s why today we share with you three basic mistakes to avoid when filing your 2020 tax return. Sign and Date Your Return In taxes, as in many other things, getting the basics right makes everything…
If you didn’t file a 2017 tax return, you may have money waiting for you. Keep reading to learn more and discover what steps you need to take to get your unclaimed 2017 tax refunds. What You Need to Know According to official estimates, some 1.3 million taxpayers didn’t file a 2017 tax return and…
The COVID-19 pandemic has upended many aspects of our routines, including taxes. That’s why this year’s deadline to file and pay your taxes has been extended from April 15 to May 17. Here’s everything you need to know about this relief measure. What You Need to Know Usually, Tax Day is in April, but this…