E-filing has become perhaps the most popular way to file tax returns due to the convenience and faster response times it provides taxpayers. Also, it can help reduce the number of...
Posted by Taxes Made EZ Inc on 05/22/2022
If you decide to go back to school or help pay for the tuition of a child or grandchild, keep in mind that certain types of expenses may qualify for special tax treatment. Many pension...
Posted by KLSM CPA Firm PLLC on 05/22/2022
Yes, keeping past tax returns is necessary. However, the length for which this should be done depends on several factors. Meanwhile, the IRS recommends that you keep copies of your...
Posted by James Financial Services Inc on 04/30/2022
The Earned Income Tax Credit, or EITC, provides tax benefits to low- and middle-income workers and families. Credit range from $1,502 to $6,728 for fiscal year 2021 and $560 to $6,935...
Posted by Income Taxes and Bookkeeping LLC on 04/30/2022
Made a mistake on your tax return or realize you lost a valuable deduction or tax credit? You can file an amended tax return to correct it. Filing an amended tax return with the IRS...
Posted by Rosovich & Associates, Inc. on 04/30/2022
Borrowing money from family members can be a risky business. And while all debt is risky, family loans come with all kinds of dangers.In spite of the fact that family lenders don't...
Posted by Abundant Wealth Planning LLC on 04/26/2022
The federal income tax deadline was April 18, 2022. If you need some more time, you can get an income tax extension by filing IRS Form 4868. This gives you until October 17, 2022,...
Posted by Dennis Jao on 04/24/2022
As an expat, you are constantly reminded that you must file a federal tax return each year to comply with the IRS. However, an equally important requirement for some expats can easily...
Posted by Tiffany Gaskin on 04/24/2022
You can file a FAFSA, also known as a Free Application for Federal Student Aid, with no filing fee in certain government-recognized situations. We explain how you can still complete...
Posted by James Financial Services Inc on 04/17/2022
