Tag Archive for: taxable income
The IRS May Charge a Penalty If You Fall Into One Of These Seven Categories
The best way to avoid IRS penalties is to know what gets penalized. Steer clear of these seven issues -- and the penalties that go with them. CLICK ON THE HEADLINE FOR MORE
Four Reasons To Get Tax Help This Year
As a general rule, it's a good idea to outsource tax preparation if your taxes are complicated. But even if you're a salaried worker with little to no outside income, it could still pay to hire someone if doing so gives you peace of mind. CLICK ON THE HEADLINE FOR MORE
Worked Remotely In 2021? Here’s What You Need To Know About Your Taxes
Working remotely certainly has its benefits but in some cases, it could create a tax headache. If you did your job from another state for part of 2021, determining whether you need to file another state tax return can be complicated because of different state rules. So as you gear up to file a return for 2021, make sure you know the rules that apply to you. CLICK ON THE HEADLINE FOR MORE
Three Tax Myths You Can’t Afford To Believe
As is the case with many financial matters, there's lots of bad information out there within the realm of taxes. That's why It's important to arm yourself with good information when tackling your tax return. You can't afford to buy into myths that could seriously lead you astray. CLICK ON THE HEADLINE FOR MORE
Three Unusual Capital Gains Rules To Watch Out For
All income isn't created equal, and the type of gains you receive will determine how it's taxed. As we enter tax season, here are three unusual capital gain rules you should watch out for. CLICK ON THE HEADLINE FOR MORE
Advance Child Tax Credit Payments Are Done, But You Might Still Be Owed More: Here’s How To Find Out
With no deal to extend these temporary advance tax credit payments into 2022, American parents have likely received their last monthly Child Tax Credit payment. But there still may be money to claim this tax season. For everything you need to know about reporting your advance payments and how to claim the rest of the Child Tax Credit, CLICK ON THE HEADLINE