Believe it or not, something as simple as your filing status determines your filing requirements, standard deduction, tax credit eligibility, and your overall tax. Each tax year has a standard deduction based off of your filing status which is adjusted annually due to inflation. There are five filing statuses: Single Married filing jointly Married filing […]
If you have an outstanding tax due to the IRS, here’s how to pay. You can pay your taxes online to the IRS going back to tax year 2000 for your Form 1040, 1040A, or 1040EZ. Keep in mind, there may be fees to using your debit or credit card. Click here to go to […]
The difference in receiving your tax refund is whether or not you are filing a current year tax return or a prior year tax return. When filing a current year tax return, you have the option to electronically file your return. This means that you can enter valid bank information such as your routing and […]
You can electronically file your tax return for the current tax year. The cut off date for e-filing your tax return is the e-file and extension deadline; October 15 per tax year. After this date, you must paper file your tax return. This means, you must print, sign and mail your tax return to the […]
Sign up with your email to receive latest updates.