Note: Due to the COVID-19 coronavirus pandemic, the IRS has extended the federal tax filing and payment deadline to July 15, 2020. The recent relief package passed by Congress may have additional tax implications. Please contact a tax adviser for information you may need to complete your taxes this year. Learn more. Itâs finally springâcue the… Read More
The post How to Maximize Your Tax Return for a Bigger Refund appeared first on Credit.com.
Standard versus itemized deduction: Which one should you claim? If this question is weighing heavily on your mind as you file your taxes this now that all the new tax reforms have taken effectâthen let this guide help you decide.
The post Standard vs. Itemized Deduction: Which One Should You Take? appeared first on Real Estate News & Insights | realtor.comÂ®.
The IRS has taken down Al Capone, Wesley Snipes, Martha Stewart and other big names in the past for tax fraud. The federal government takes taxes very seriously. Not filing your tax returns is a serious offense. Although there won’t be a nationwide manhunt for late returns, you may still see some hefty fines and… Read More
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President-elect Biden’s “American Rescue Plan” includes several proposals to assist people financially harmed by the pandemic.
If youâre not getting a tax refund and you have to pay, you can pay IRS taxes with a credit card. Depending on who you talk to, paying your income taxes with a credit card is either brilliant way to earn credit card rewards or a financial move that is only a last resort. The… Read More
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Properly tracking your business expenses is very important come tax time, especially if you want to get the most out of your tax returns. Schedule C outlines tax deductions you might be missing out on as a self-employed freelancer or small-business owner.
IRS Schedule C Tax Deductions & Expenses for Small Business Owners is a post from Money Crashers.