![Taxpayers can take steps now to get ready to file their taxes in 2020](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-26.jpg)
Taxpayers can take steps now to get ready to file their taxes in 2020
November 19th, 2019
There are steps you can take now to make sure your tax filing experience goes smoothly next year. First, you can visit the Get Ready page on IRS.gov to find out more. Here are a few other…
![The child tax credit benefits eligible parents](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-7.jpg)
The child tax credit benefits eligible parents
October 23rd, 2019
Taxpayers who claim at least one child as their dependent on their tax return may be eligible to benefit from the child tax credit. It’s important for people who might qualify for this credit to review the eligibility…
![What teachers should know about deducting out-of-pocket classroom expenses](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-20.jpg)
What teachers should know about deducting out-of-pocket classroom expenses
October 2nd, 2019
Now that fall is here and school has started, many teachers are dipping into their own pockets to buy classroom supplies. Doing this throughout the year can add up fast. Fortunately, eligible educators may be…
![Two Education Credits Help Taxpayers With College Expenses](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-10.jpg)
Two Education Credits Help Taxpayers With College Expenses
September 20th, 2019
With school back in session, parents and students should remember to look into tax credits that can help reduce the cost of higher education. If you, your spouse or your dependents pay for higher education…
![IRS automatically waives estimated tax penalty for eligible 2018 tax filers](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-9.jpg)
IRS automatically waives estimated tax penalty for eligible 2018 tax filers
August 23rd, 2019
The Internal Revenue Service is automatically waiving the estimated tax penalty for the more than 400,000 eligible taxpayers who already filed their 2018 federal income tax returns but did not claim the waiver. The IRS…
![Time for a “Paycheck Checkup”](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-1.jpg)
Time for a “Paycheck Checkup”
July 9th, 2019
The IRS encourages everyone to use the Withholding Calculator to perform a quick “paycheck checkup.” This is even more important following the recent changes to the tax law for 2018 and beyond. The Calculator will…
![Average retirement-age Americans have this much in their 401(k), report says](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-19.jpg)
Average retirement-age Americans have this much in their 401(k), report says
June 26th, 2019
Americans who are nearing retirement age have about $200,000 in their 401(k) accounts on average, a new survey found. According to Vanguard’s “How America Saves 2019” report, published this month, the average American worker aged…
![IRS alerts taxpayers: Scammers scheming around Oct. 15 deadline; Here’s what to do](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-24.jpg)
IRS alerts taxpayers: Scammers scheming around Oct. 15 deadline; Here’s what to do
October 2nd, 2018
IR-2018-193, Sept. 27, 2018 WASHINGTON — The Internal Revenue Service is reminding taxpayers to beware of criminals who continue using devious tactics to steal money and personal information from unsuspecting victims, especially as the fall…
![How to avoid costly tax traps with inherited IRAs](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-17.jpg)
How to avoid costly tax traps with inherited IRAs
October 23rd, 2017
By Liz Farr, CPA September 5, 2017 Over the next few decades, the Gen X and Millennial generations will be the recipients of one of the greatest wealth transfers in history. A portion of…
![Ten Key Tax Facts about Home Sales](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-16.jpg)
Ten Key Tax Facts about Home Sales
June 28th, 2016
In most cases, gains from sales are taxable. But did you know that if you sell your home, you may not have to pay taxes? Here are ten facts to keep in mind if you…
![Review Your Taxes This Summer to Prevent a Surprise Next Spring](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-8.jpg)
Review Your Taxes This Summer to Prevent a Surprise Next Spring
June 10th, 2016
Each year, many people get a larger refund than they expected. Some find they owe a lot more tax than they thought they would. If this happened to you, review your situation to prevent another…
![Seven Steps for Making Identity Protection Part of Your Routine](https://stefforia.com/wp-content/themes/spc/library/images/banners/spc-31.jpg)
Seven Steps for Making Identity Protection Part of Your Routine
May 19th, 2016
The theft of your identity, especially personal information such as your name, Social Security number, address and children’s names, can be traumatic and frustrating. In this online era, it’s important to always be on guard….