Need help preparing taxes for your small business? Try using our Small Business Tax Preparation Checklist!
If you’d rather do something – anything – other than filing your taxes, remember that the sooner you file, the sooner you’ll get your refund. To make the e-filing process quicker, gather your forms and documents before you begin. Below is a checklist of the basic forms and records you’ll need to make slaying your taxes a […]
This article was last edited on September 19, 2018. For updated information on tax checklists, read more here. Have these documents in hand before you e-file: Social Security number for everyone listed on your tax return W-2 forms from employers 1099 forms for contract work completed Income from investments (i.e., from interest, dividends, stocks/bonds, and foreign investments) Prior year income from local/state tax […]
Before you begin to prepare your tax return, go through the following checklist. Make sure to highlight the areas that apply to you, and have that information available. By having all your information handy and checking off the other items on the checklist, your filing process will go that much faster. Getting you closer tothat refund! Please note that this is not a complete list, but contains common forms and information needed.
If you’ve never filed a tax return on your own before, you may be wondering what’s expected of you now that you’re a high school graduate. This article will help you understand more about what you need to do to receive a tax refund. Do college students have to file taxes? You don’t have to file taxes just because you are in college or because you turn […]
The information in this article is up to date through tax year 2019 (taxes filed in 2020). If you can’t get your federal return filed before taxes are due, you can usually get extra time by filing an extension with the IRS. You’ll need to file Form 4868 and pay any amount you owe by the tax […]
Taxes may not be high on your summer wedding plan checklist. But you should be aware of the tax issues that come along with marriage. Here are some basic tips that can help keep those issues to a minimum.
Online tax filing, also known as e-filing, allows taxpayers to submit tax returns electronically. E-filing prevents you from having to meet with a tax preparer, fill out a paper return, mail in your return, etc. Instead, you can prepare your own return anytime, anywhere and file with the click of a button. If you’re ready to take control of your taxes and e-file your return, we’ve covered the basics to get you started. How […]
There are several reasons why it’s beneficial to file as soon as you can. Just like any other task, procrastinating on your taxes can hurt you in the long run. Learn the top 7 reasons to file your taxes early below. 1. Receive your tax refund faster Everyone loves a tax refund. And the sooner you […]
The information in this article is up to date through tax year 2019 (taxes filed in 2020). Depending on your situation, you could have hundreds of documents and receipts to report for tax purposes. The IRS says you can use any record keeping system you choose, as long as your income and expenses are clear, accurate, and include all necessary details. […]