When it comes to taxes, you always want to pay only the fair amount, without leaving any credits or refunds on the table. That’s why many people wonder if car insurance is tax deductible. Come with us as we take a closer look at this common question. Is Car Insurance Tax Deductible? Car insurance is…
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…
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…
Criminals and cybercriminals always take advantage of confusing situations to lure other people into their schemes. From phishing to fake charities, these are some tax-related scams you should be aware of. 1. Phishing One of the favorite tactics of cybercriminals is sending fake emails or links to websites that request personal information. In this regard,…
Did you request an extension to file your 2019 tax return? If the answer is “Yes”, then there’s an important date to keep in mind. Remember: people who requested an extension have until Thursday, October 15 to file their taxes. The original deadline was July 15, but taxpayers could request an extension as long as…
The deadline to file and pay your taxes was yesterday, July 15. This means that a lot of people are already waiting for their tax refund. If you are owed a refund, keep reading to discover some facts you should keep in mind. How to Track Your Refund Using the internet is the best alternative…
It’s true: The coronavirus outbreak has upended our routines. But there are still some dates you must make sure not to forget, and that includes Tax Day. The federal Tax Day was originally scheduled for April 15, but it was moved to July 15 to offer financial relief to those affected by the coronavirus outbreak.…