Why you should think twice before claiming an income-tax extension. ‘This is not the year to do your normal procrastinating.’
It’s less than a month before the April 15 deadline to file income-tax returns and pay any taxes you owe. The standard move ...
Top 6 errors to avoid when filing Tax Form 1040
Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if ...
IRS Form 7004: How To Get an Extension on Filing Business Income Tax
Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application ...
Use Venmo, PayPal? Why you're being sent a 1099-K this tax season
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...
Tax Tips for Retirees in Southern States
Tax time is always a stressful one, especially for those who have to contend with a fixed retirement income being taxed as ...
Unemployment Benefits Can Raise Tax Questions—And Attract Scammers
If you lose your job, you may be eligible to collect unemployment benefits. Each state pays its own benefits—those benefits ...
Where is my tax refund? Taxpayers on edge but, so far, IRS is doing OK
Taxpayers who have not filed 2024 income tax returns are told not to rush because they're worried about delays. Take time to ...
Tax deadline 2024: When is the last day you can file NY, federal taxes in 2025?
The deadline to file your taxes is Tuesday, April 15. If you need more time, here's how to request an extension for federal ...
Top 5 last-minute income tax saving tips before March 31 deadline: Here’s all you can do
March is about to end, with just 10 days left. If you're planning to save on taxes, you will miss your chance if you don't ...
Here's How Long You Should Keep Your Tax Returns and Why
Doing your taxes is only part of the job. After your returns are filed, it's important to keep the related documentation ...
What Is a 1040 Tax Form and How Does It Work?
The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble filling out or understanding. In fact, back in 2018, Form 1040 received ...
Tax Prep Checklist: Collect These Forms Before You File
The sooner you finish your taxes, the sooner you'll receive your tax refund, if you have one coming. But even if you do tend to wait until the last moment or plan on filing an October 15 ...