First Time Filing? Here’s What You Need To Know
Are you getting ready to file your own taxes for the first time? Relax! Completing a tax return is simpler than you think. Here are some basic facts to get…
Simple solutions for maximizing your tax refund and saving money
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Tax Tips
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Taxes. You have to file them every year, and they affect how much income you take home. Before you start, it’s important to know some of the basic tax terms…
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The U.S. has a pay-as-you-go tax system. This means that instead of paying your total tax bill in one lump sum, the amount of tax you owe is spread out…
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People everywhere are finding new and creative ways to pick up extra income on the side. Renting your home or spare room on a site like Airbnb or VRBO is…
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The Affordable Care Act was designed to make health insurance available and affordable for millions of Americans who did not already have coverage. The act also said that anyone who…
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September is National Preparedness Month. And hurricane season is ramping up. It’s hard to get your assets in order when you’re worried about the impending red blip on the radar. But a few precautions…
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When you are employed by someone else, they are responsible for withholding a specific amount of income from each paycheck for taxes. But when you’re self-employed, you’re responsible for your…
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Fall is just around the corner and that means that football season has officially begun. In offices, dorms and living rooms across America, fantasy football is also gearing up! An estimated 57 million…
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Tuition, room and board, books – oh my! When all is said and done (and paid for), the cost of getting through college can be overwhelming. Fortunately, there are tax…
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As a caregiver, you need all the breaks you can get—and that includes tax breaks. Below you’ll find a few tax breaks that might save you money, lower your tax…
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Your AGI is your adjusted gross income, and you’ll need your prior-year AGI to validate your electronically filed (e-filed) tax return. The questions and answers below will help you find…
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If you’re a creative freelancer, you’re considered self-employed, and if you’re self-employed, you can deduct the expenses related to owning and operating your business. Here are 8 ways you can…
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Are you waiting to get your tax refund—just so you can spend it? You’re not alone. Are you tempted to reward your hard work this past year with a well-deserved (but ill-timed) spending spree? Join the club. If…
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When I think of “seasonal jobs,” here’s what I picture: Retail workers at the mall during Black Friday Summer camp counselors leading songs around a campfire Mail or package delivery drivers lugging packages during the winter holiday I also picture…
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No one wants to think about divorce. Its impact is far-reaching, affecting people’s home life, family, work, even the way they do their taxes. As if the divorce alone isn’t stressful…
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If you’re an Uber or Lyft driver, you probably work for yourself as an independent contractor, which means you’re self-employed. Because you’re self-employed, taxes won’t be withheld from your paycheck—but that…
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Ever hear of moonlighting? It sounds mysterious and clandestine, but it really means working two or more jobs. When you moonlight, you might work at night, for extra money, but you also work during the day as a regular employee. …
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Professional Corporations (PCs) vs. Limited Liability Companies (LLCs) Professional corporations (PCs) and limited liability companies (LLCs) are two types of business structures. As a business owner, choosing a business structure is one of…
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Like businesses themselves, business taxes come in all shapes and sizes. One size does not fit all. Below are five types, and while some of those business taxes may not…
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Attention, TaxSlayers! If you earned $53,930 or less last year, you could receive a larger refund if you qualify for the Earned Income Tax Credit (EITC). If you have three or…
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This tax season, we have put together a short list to help you prepare for your most seamless online tax filing experience yet. Here’s what you can do to get your maximum refund this year: Have…
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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,…
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Still waiting for your tax refund? There could be a good reason for the holdup. Earned Income Tax Credit and Additional Child Tax Credit If you claimed the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC), your…
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If you’re selected for an audit from the IRS, don’t get too twisted up about it. You were either chosen randomly by a computer system or the numbers in your tax return…
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Ever wonder what sets TaxSlayer apart from the competition? Price Most TaxSlayer products cost less—period. Although the products we sell are similar to those of our competitors, some TaxSlayer products cost up to…
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2018 Financial Goals Series So far in our financial goals blog series, we’ve talked about why it’s important to have a budget. We also talked about strategies for creating a…
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It’s Tax Identity Theft Awareness Week — Are You Ready? Ready for tax season? If you haven’t heard about tax identity theft, you may not be. This week is Tax Identity Theft…
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Whether you’re keeping records to prepare for tax season, to stay on top of bills, or to track purchases, the following tips will do more than keep you organized throughout…
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At TaxSlayer, we help taxpayers in two ways. First, we make e-filing tax returns easy and stress free. Second, we get you your money faster. We’re offering a tax refund advance with…
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Home and car repairs, hobbies, and side projects. Whatever you want to get done, you can do it yourself. It’s the age of do-it-yourself (DIY). With completing a project solo…
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You don’t want to get audited by the IRS, but you do want a fast refund and an easy filing experience. We can all agree about that. We can also…
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For most American taxpayers, the W-2 signals the start of tax season. But don’t rush off to file your tax return just yet. Make sure the information on your W-2…
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We help taxpayers in two ways. First, we make e-filing tax returns easy and stress free. Second, we’re getting you money faster. We’re offering a tax refund advance with no upfront,…
Sneak a peek at your coming payday. For many of us, tax refund season is as good as it gets: cold hard cash, arriving at our door like a sweepstakes…
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Not everyone likes surprises. Sometimes it’s nice to know what’s right around the corner—like your tax refund. It feels good to get something back for the work you did during…
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According to a poll by USA Today, nearly 1 in 16 Americans was a victim of identity theft in 2016. Statistics like this are why businesses, financial institutions, and tax filing…
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Freelancing and self-employment are on the rise. Many Americans have taken the leap to follow their dreams; but the reality is that working for yourself is no walk in the park. The…
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With only a few weeks until the April 18th tax deadline, many of you have already filed your taxes. Yay You! Whether you have filed or are in the process…
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With just a few weeks left until the tax deadline, you may be in a frenzy to complete your return. During this frantic time, it is not unusual to make…
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Many Americans are faced with debt – some good, some bad, some necessary. For many, debt is a way of life. We leverage it to buy houses and cars, pay…
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If you are like most Americans, you have questions about taxes. That doesn’t make you weird, it makes you human. To help you out, we at TaxSlayer thought it would…
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You’ve gathered all your documents and finally decided to file your tax return. You sit down, turn on your desktop or mobile device and type in TaxSlayer.com. You click the…
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This article was last edited on Jan. 13, 2017. For updated information on tax prep, visit our checklist. Filing your taxes can be a large and time-consuming task. This is especially…
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The holidays are over and now it’s time to begin thinking about filing your taxes. If you are ready to begin the process, Taxslayer.com is open. No W-2, no problem.…
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Receiving a holiday bonus is an awesome gesture. If you received a bonus this year consider yourself lucky. Hopefully, you didn’t spend it all on Christmas gifts and saved some…
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If you need Halloween costumes for the kids or plan to host a Halloween party, it’s easy to rack up unexpected and scary costs. Believe it or not, Halloween is one of the…
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If you’re worried because you were unable to file your taxes by April 18, relax. You still have time, but don’t put it off any further. The IRS allows…
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The summer months are prime season for buying a house or selling one. For many, it’s time to make a big move and settle down before the next school year…
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Now that tax season is over, you can finally address the pile of tax records and financial documents cluttering your desk, bookshelf or kitchen table. Don’t get too excited and…
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There’s good news for procrastinators. A holiday in the nation’s capital has pushed back the tax return filing deadline to April 18. If you didn’t have weekend plans, now you…