Donating to a charity during the holidays is a great way to help those in need and spread some cheer. However, not all charities are created equal. Before you make a donation, there are some things you should keep in mind. Keep reading to learn more. Research the Charity If you’re planning to donate to…
Filing taxes is not an easy task for everyone. Many people struggle with it every year, and if not done right, can lead to serious problems. This is where the expertise of a tax professional comes in handy. A tax professional can take the stress out of the process and ensure that your taxes are…
Posing as the IRS is one of the favorite tactics of criminals looking to take advantage of unsuspecting victims. Keep reading to discover how to identify a scammer and learn how to report these incidents. Red Flags To Look Out For Whether it’s over the phone, by text message, or in person, criminals often impersonate…
Tax Day is already in the rearview mirror. Millions of returns were filed and some people are waiting for their refunds. But what to do if you couldn’t file your taxes on time? What To Do If You Couldn’t File Your Taxes on Time If you owe taxes and couldn’t file your return on time,…
Why does Tax Day fall on April 18 this year? What are some scams to look out for this tax season? Find the answers to these and more questions in this comprehensive guide to tax day 2022. 1. When Is Tax Day? This year, Tax Day will be on Monday, April 18, 2022. As you…
The new payments and relief measures rolled out last year make this tax season particularly challenging. In this post, we take a closer look at two of the most common obstacles taxpayers are navigating as they prepare to file their taxes. Stimulus Payments A lot has happened during the last 12 months, so it’s easy…
Like it or not, the gig economy and its innovations (such as ride-hailing apps) have changed the world. However, income from the gig economy is subject to the same tax obligations as other forms of income. Keep reading to learn more. What Is the Gig Economy? The term “gig economy” refers to the people who…
Slowly but surely, Tax Day (which this year will fall on April 18) is approaching. With that in mind, here are some tips on how to avoid penalties and interests when you file your 2021 tax return. How to Avoid Penalties and Interests When You File Your Taxes As everyone knows, the best, most straightforward…
Slowly but surely, Tax Day 2022 is approaching. As you prepare to file your tax return, we encourage you to consider the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit (LLC), two higher education credits that can reduce the amount of tax you owe. Education Tax Credits: What You Need to Know The…
The holidays are behind us and 2022 is here. It’s time to begin taking your Christmas decorations down and get down to work on everyday stuff — your taxes, for example. If you believe that Tax Day will be on April 15, think again. When Is Tax Day in 2022? As you may remember, Tax…