Attention teachers: Those school expenses might be tax deductible
July 28th, 2020
School may look a little different this year, but eligible teachers and other educators can still deduct certain unreimbursed expenses on their tax return next year. Who is considered an eligible educator: The taxpayer must…
What to do if you missed the July 15 deadline to file and pay your taxes
July 22nd, 2020
While the federal income tax-filing deadline has passed for most people, some taxpayers haven’t filed their 2019 tax returns yet. If you are entitled to a refund, there’s no penalty for filing late. Penalties and…
Tax returns are due today; taxpayers who can’t pay should still file today
July 15th, 2020
Today, 2019 tax returns are due. Taxpayers should remember to file or request an extension of time to file and pay any taxes they owe by the July 15 deadline to avoid penalties and interest….
Taxpayers act now to receive Economic Impact Payments by direct deposit
May 12th, 2020
People must use Get My Payment by noon Wednesday, May 13, for a chance to get their Economic Impact Payment by direct deposit. After noon Wednesday, the IRS will begin preparing to mail millions of additional payments to…
Tools to help you get your Economic Impact Payment
April 30th, 2020
The IRS has two tools to help millions of taxpayers with their Economic Impact Payment. The payments are $1,200 per eligible person and up to $500 for each qualifying child. The first tool, Non-filers: Enter Payment Info…
Economic impact payments: What you need to know
April 7th, 2020
Check IRS.gov for the latest information: No action needed by most people at this time IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic…
Payment deadline extended to July 15, 2020
March 18th, 2020
The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, 2020. The IRS urges taxpayers…
Taxpayers should know the signs of a phone scam, especially during filing season
March 9th, 2020
Taxpayers should be aware that aggressive criminals pose as IRS agents in hopes of stealing money or personal information. The tax filing season is a prime time for phone scams because people are thinking about…
Taxpayers filing for the first time should look into Free File
January 29th, 2020
If you are one of the many people who will be filing federal taxes for the first time this year, IRS Free File may be the perfect match, especially if you are looking to save money…
Remember these tips when searching for a tax preparer
January 20th, 2020
The tax filing season is upon us, and if you will be looking for someone to help you file a tax return you should choose your tax return preparer wisely. This is because it’s ultimately you who is…
Reasons to file a 2019 income tax return
January 15th, 2020
While many people are required to file a tax return, it’s a good idea for everyone to determine if they should file. Some people with low income are not required to file, but will need…
Here’s how the credit for other dependents can benefit you.
January 8th, 2020
Taxpayers with dependents may qualify to claim a few different tax credits. One of these is the child tax credit. The child tax credit benefits people whose dependent meets a series of tests. If the dependent…