Amazon Has a Great Deal on TurboTax Software Right Now
Photo: ZikG (Shutterstock) Tax day 2024 is not until Mon, Apr 15, 2024, and also right around the corner. The luxury of time doesn’t mean you should wait until the…
What the IRS’s New ‘Paperless Processing Initiative’ Means for You
In an effort to modernize and streamline its operations, the IRS has unveiled plans to achieve “paperless processing” for tax returns by 2025. In a press release Wednesday, the agency…
This ‘IRS Letter’ Is a Scam
Photo: Jimmy Rooney (Shutterstock) Scammers love to prey on taxpayers by pretending to represent the IRS and using their “authority” to acquire sensitive personal information and steal your money. These…
Ten Red Flags That You’re Not Really Talking to the IRS
As Americans scramble to file their 2022 taxes by today’s deadline, the IRS has released its “Dirty Dozen” list of the most pressing scams to watch out for this tax…
How Long to Keep Every Important Financial Document
I used to laugh when I received an official document that told me to “save a copy for your records.” My “records” were a pile in the living room that…
Don’t Forget the New Federal Tax Deadline This Year
Photo: Tama2u (Shutterstock) According to a recent survey from Empower, only 44% of Americans know when the deadline is for filing your 2022 taxes, so let me set the record…
You’re Probably Eligible to File Your Taxes for Free
Photo: Ground Picture (Shutterstock) As if paying your taxes wasn’t painful enough, paying to file your taxes adds insult to injury. How much you pay for tax preparation depends on…
Don’t Call the IRS This Weekend Unless You Absolutely Have To
Photo: Paul Brady Photography (Shutterstock) If you have a tax question, this weekend is the absolute worst time to try to get someone from the IRS on the phone. According…
What Freelancers Can Write Off on Their Taxes in 2023
Photo: puhhha (Shutterstock) When you are self-employed or freelance outside of your day job, there are additional taxes you need to navigate. While this sounds like (and often is) a…
Time Is Running Out To Claim Your Stimulus and Child Tax Credit Payments
Photo: Ground Picture (Shutterstock) Last month the IRS reported that millions of eligible people have yet to properly claim their COVID relief payments. The IRS uses tax returns to determine…