Lighter Side Of Taxes
Who doesn’t want to save a little (or a lot of) extra money at tax time? Claiming all the deductions for which you are eligible can significantly reduce your tax bill.
The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don’t check the IRS website every five minutes — once a day is enough.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
The IRS expects that 75 percent of all 2012 returns will be entitled to a refund, so if you haven’t started preparing your taxes yet, do it: There’s no reason to wait for April 15 to roll around to get that money back from Uncle Sam.
So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?
Millions of people are getting a jump on filing their tax returns now that they have received their W-2s and 1099 forms. And for most, the incentive to get moving is to get that tax refund in their bank account as soon as possible.
There are lots of websites and software available, but you may not have thought of smartphone apps for doing your taxes.
For easy filing this year download all your Federal Tax Forms from our one-stop shop.
Not going to make the April 17 deadline for filing your taxes? Better let the IRS know… right now. Don’t say we didn’t warn you.