Tag Archive for: irs filing

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3 IRS Deductions You Can’t Take This Year, Experts Warn

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Before you file, you'll want to be aware of any changes for the 2023 tax season. Experts warn that there are a few key deductions you can't take this year—which could affect what your refund adds up to. There are also a few updates to tax credits as well. CLICK ON THE HEADLINE FOR MORE
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‘A Lot Of People Are Going To See Less Money In Their Pocket.’ Here Are Must-Know Tax Changes For 2022

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With many Americans facing reduced tax breaks, it’s important to be proactive with year-end planning before the calendar winds down. For some of the biggest changes taxpayers need to know, according to financial experts, CLICK ON THE HEADLINE
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Unemployment Benefits Were Tax-Free In 2020. Don’t Expect That In 2021

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It's unlikely that lawmakers will decide to let those collecting jobless benefits in 2021 forego paying taxes. Anyone receiving those benefits now should plan to pay the IRS a portion of that money. CLICK ON THE HEADLINE FOR MORE
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A Guide To 2019 Tax Deductions

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Using appropriate deductions can lower your bill, increase your tax refund or make sure you're taking advantage of tax benefits. Want to know how to best use tax deductions? Here's a guide to 2019 tax deductions. CLICK ON THE HEADLINE FOR MORE
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8 Surprising Things That Are Taxable

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Technically, under Internal Revenue Code Section 62, the IRS can find a way to tax almost every way of receiving money. For a heads up on what unusual monetary situations are taxable, and what you should be reporting when you file, CLICK ON THE HEADLINE
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2015 Tax Moves: Getting Your Ducks In A Row Before 2016

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Once the calendar flips to 2016, you have few ways to trim your tax bill. So to avoid unnecessary pain next April, use the rest of 2015 wisely by getting your ducks in a row before year's end. CLICK ON THE HEADLINE FOR MORE