Tax calculator -income tax withholding W4 form 2018 is a very important tax year because of the changes in the new tax law. One of the most important forms for employees to revisit is the W4 form. The W4 form is the form that is used to calculate the tax withholding for employees. You mayRead more about Tax calculator -income tax withholding[…]
Not done with tax filing yet? Here’what you can do… April 17th is the tax deadline for individual tax filers and C Corporations . If you are still not done with tax filing, there is no need to panic. Here is a quick step by step guide to managing your taxes at this time… EstimateRead more about Not done with tax filing yet? Here’what you can do…[…]
Can I claim my car payment as a business expense? As a business owner, you may be using the car for both business and personal use. To figure out the amount of deductible expense there are two primary methods that are permitted by the Internal Revenue Service (IRS). You can choose the method that isRead more about Can I claim my car payment as a business expense?[…]
10 Smart Ways to use your Tax Refunds Are you expecting a big tax refund this tax season? Before spending all of it, here are 10 smart ways to make the best use of your Tax Refunds. Pay down your debt: Every penny counts. Whether you have a student loan or home loan, itRead more about 10 Smart Ways to use your Tax Refunds[…]
5 tips before you search ‘best tax preparer near me’ As tax deadline is getting closer, many of you are searching ‘tax preparer near me’, finding the closest tax office near your residence or place of work. While this may be the easiest way to find a tax preparer, many times you are probably notRead more about 5 tips before you search ‘best tax preparer near me’[…]
Can you deduct moving expenses on your tax return? Did you recently move to a new job? What kind of home improvements are tax deductible? Can you deduct all or part of moving expenses on your tax returns? What /which moving expenses are fully tax deductible? Are home improvement expenses considered tax deductible? IfRead more about Can you deduct moving expenses on your tax return?[…]
Where is my tax refund? You can get information about your refund within 72 hours after an acknowledgment has been sent by the IRS to you. Most refunds are processed within 21 days. Filing online & electronically is the fastest way to receive status on your tax refunds. You will require the following informationRead more about Where is my tax refund?[…]
How to report name changes before filing taxes? Has your legal name changed? Name on your tax return should exactly match the name on the social security administration website. Mismatch in names can delay tax refunds. Here’s what you should do if your legal name has changed : Reporting your name change : Notify SSA ofRead more about How to report name changes before filing taxes?[…]
IRS alerts Taxpayers about a new Tax Refund Scam The Internal Revenue Service warns taxpayers about a new type of a tax scam. Fraudulent tax refunds into individual’s bank accounts are being deposited, then the criminals are trying to reclaim the refund from the taxpayers. The following are few basic steps you can takeRead more about IRS alerts Taxpayers about a new Tax Refund Scam[…]
Tax tips on rental real estate income and tax deductions for 2017 tax year Are you owning a rental real estate property and unsure which expenses are deductible? Here’s a general summary : Income to report Rental income: In general, report all income that you earned on your rental real estate property. Advance rent: AsRead more about Tax tips on rental real estate income and tax deductions for 2017 tax year[…]
