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Tax Relief for Victims of Natural Disasters

Hurricane Effects
Tax relief will give you the break you need.

There are few calamities that compare to the damage and loss of a natural disaster.  Hurricane Harvey forced thousands of residents from Texas out of their homes and left stranded without power and clean drinking water. Similarly, residents of Florida had to evacuate coastal areas due to flood zones. These events can leave families in a wreck, taking years to recover from. As horrific as these events can be, the IRS provides tax relief for taxpayers living in disaster areas.

Read on to learn more about how the IRS handles tax reliefs and find out if you qualify.

What is a natural disaster?

According to the IRS, a natural disaster is a nature-related event. Usually, these events are hurricanes, floods, earthquakes, and tsunamis. However, there are more. Nonetheless, it was surprising to find mine cave-ins and sonic booms on the list!

Do I qualify?

Continue reading “Tax Relief for Victims of Natural Disasters”

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When Does E-File End for 2015 Tax Returns?

The e-file deadline was October 17th, 2016 for 2015 tax returns.

Do you happen to be reading this after the deadline mentioned above? No worries. You can still file your 2015 tax return. You’ll just need to paper file it instead.

How to prepare and paper file your 2015 tax return online?

Sure, the e-file season for 2015 is over. You’re not completely out of luck. You can still prepare your tax return as you normally would. You’ll just need to send it into the IRS instead of submitting it online.

For example, if you typucally use RapidTax each year, you can also use us for your late returns. Here’s how it works:

  1. Create an account with a unique username and password.
  2. Begin entering in your 2015 tax information to our user-friendly application. Feel free to contact our support team with any questions along the way!
  3. Continue through the checkout process and submit your return to be prepared on IRS tax forms.
  4. Print, sign and mail your return to the IRS.

Continue reading “When Does E-File End for 2015 Tax Returns?”

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When Does the 2017 Tax Season Start for Filing 2016 Tax Returns?

The holidays are upon us and so is the 2017 Tax Season!

Before getting wrapped up in the feasting and celebrating, it might be smart to think about where you stashed that box of receipts for the year. That’s right! The 2017 tax season has snuck up on us yet again. But let’s get one thing straight. This is not a time to panic. In fact, if you’re reading this, you’re most likely ahead of the game already!

We’re here to help you get your tax situation in order. That way you can focus on the important things this time of year calls for.

Dates and Deadlines

It’s important to have some dates in mind or even marked on your calendar. Here’s the deal:

  • January 1st marks the launch of the RapidTax 2016 application! You can start submitting your accounts with us and get in line for the IRS start date to e-file.
  • January 23rd is when the IRS opens up the doors to e-file your return. If you have already submitted your 2016 return with RapidTax, then you wouldn’t need to worry about this date. We’ll submit it to the IRS for you.
  • April 18th marks Tax Day for individual returns! It is also the last day to file a tax extension. Here’s a tip… if you aren’t able to file your return by this date, then FILE AN EXTENSION (psst, it give you an extra 6 months to file, penalty-free)

Receipts and Documents

When preparing your tax return, you’ll probably need to have a few things handy. Here’s what you can work on digging up: Continue reading “When Does the 2017 Tax Season Start for Filing 2016 Tax Returns?”