The annual deadline for most people to file their federal income tax return and pay any taxes they owe from 2012 was April 15th. By law, the IRS may assess penalties to taxpayers for failing to file a tax return and for failing to pay taxes they owe by the deadline. The IRS released 8 important points for tax payers about penalties for filing or paying late. [Read More...]
If you missed this year’s tax deadline, you may be thinking to yourself, “What should I do?” Below we highlight some advice and tips the IRS has issued for taxpayers who missed the April 15th tax filing deadline. [Read More...]
The Internal Revenue Service today, April 17, 2013, announced a three-month tax filing and payment extension to Boston area taxpayers and others affected by Monday’s explosions. Monday's bombing occurred on the traditional tax filing deadline. Acting IRS Commissioner Steven Miller said the agency wants the victims and others affected by the bombings to have the time they need to finish their taxes [Read More...]
The tax deadline is fast approaching and we are here to make sure you do not throw away your hard earned money by missing tax deductions. One of the ways you can reduce your tax liability is to decrease your taxable income by taking advantage of tax deductions.
In our latest infographic, we take a look at the Top 10 Most Overlooked Tax Deductions, to help you keep more money in your pocket! [Read More...]
The Internal Revenue Service announced that they plan to open the 2013 filing season and begin processing individual income returns on January 30th. Due to the late tax law changes enacted on January 2, this announcement means that the IRS will begin accepting e-filed tax returns for the vast majority of U.S. tax filers on January 30th. [Read More...]