Credit counseling is a process engaged in to help people especially debtors to settle their debts through education, counseling on budget, planning and also giving them enlightenment...
If you need to file for an individual federal income tax return, you will now use the IRS Form 1040 or 1040-SR for Seniors. The other alternatives above: Forms 1040A and 1040EZ ended...
Are you thinking of prepaying your mortgage? It might be a savvy move for some homeowners, but beefing up their loan payments just doesn't make sense for others. Here are the pros...
Posted by Taxes Made EZ Inc on 07/17/2020
When your anticipated tax refund is being held by the federal government, the possibility is that you have defaulted your federal student loans.Funds are collected by the Treasury...
Posted by Taxes Made EZ Inc on 04/03/2020
Definition of Taxable Income:• Taxable income is the portion of your total income that is subject to taxation by the government....
Posted by True Tax Service on 10/30/2023
Tax season is a time that most of us both anticipate and dread. On one hand, there's the excitement of a potential tax refund, but on the other, there's the looming confusion...
Posted by True Tax Service on 10/21/2023
As tax season approaches, it's essential to understand the various education tax benefits available to taxpayers. The Internal Revenue Service (IRS) offers several deductions and...
Posted by KLSM CPA Firm PLLC on 08/22/2023
Education tax credits and deductions can provide significant tax savings for individuals paying for higher education expenses. For the 2022 tax year, there are two main education tax...
Posted by KLSM CPA Firm PLLC on 02/28/2023
Think of tax deductions as small (and sometimes not so small) gifts from the IRS. First, its value is subtracted from taxable income, and then the tax bill is calculated based on what's...
Posted by KLSM CPA Firm PLLC on 02/22/2023