Tax Deductions Without Itemizing
Certain deductions can be claimed using the standard deduction (without itemization). Here's a list of those deductions:
Easily Check the Status of Your Refund
Article Highlights: Your Federal Tax Refund Status Can Be Checked Online Delay When Claiming Earned Income Tax Credit or Additional Child...
Writing Off Your Business Start-Up Expenses
With the help of vaccines, new businesses will be opening as the economy returns to near normal. New business owners may be helped by...
Tax Filing Deadlines Are Rapidly Approaching
Article Highlights: Reminder: The IRS extended the filing due date to May 17, 2021 Balance due payments Contributions to a Roth or...
Owe Taxes and Can’t Pay by the Due Date?
If you can't pay the tax you owe, it is in your best interest to make other arrangements to avoid heavy penalties. Here are a few options:
The Tax-Filing Deadline Is Around the Corner
If you have not filed your 2020 tax return, May 17 is the due date to file a return or an extension and pay any taxes you owe:
Consequences of Filing Married Separately
Couples married on the last day of the tax year have two filing status options: married filing jointly or married filing separately
Unpaid Debt Taking Your Tax Refund?
We all look forward to receiving our tax refunds, but what if you were expecting a refund and it never arrived?
Made a Mistake on Your Tax Return – What Happens Now?
If you've just discovered that you've made a significant mistake on your tax return, here's what you need to know:
Don’t Lose Your Passport Because of Unpaid Federal Debt
The U.S. Department of State may decline to issue/renew, revoke, or restrict passports of taxpayers with "seriously delinquent" tax debt.