Posted on

Are There Tax Extensions for Military Personnel?

If you’re in the military and overseas, you have an extension on the date you must file your taxes by.

Here at RapidTax, we salute all the brave men and women serving our country. We also all military personnel to understand the military tax advantages.

Serving in the military is far from easy. The last thing on your mind is taxes. Luckily, the IRS offers a few tax extensions for military personnel. These tax extensions are offered to the following military personnel;

  • overseas active duty
  • combat zone

That means, if you fall within one of the two categories above, you won’t be required to file your taxes by the April 15th tax deadline. Additonally, there are other tax credits you may be eligible for. RapidTax is here to help you save time and money when filing!

Overseas Personnel

If you serve outside of the United States or Puerto Rico and you’re on assignment during the tax deadline (April 15), you are granted an automatic two-month filing extension to file.

That means, you have until June 15 to file your taxes. However, you do not have an extension to pay your taxes and must pay your tax liability by the April 15 deadline. Continue reading “Are There Tax Extensions for Military Personnel?”

Posted on

End of Year Tax Tips to Maximize Your Refund

Tax Season 2015 is around the corner. Increase your 2014 tax refund with these tax tips…

The end of year marks an eventful time for many. Not only does Starbucks release their Holiday menu but most of us can already taste Thanksgiving dinner. Then, there’s the surge of Black Friday holiday shopping and before you know it, you’ll be decorating holiday cookies!

With so many cookies to bake and gifts to wrap, don’t forget to take the time to plan ahead for the upcoming 2015 tax season. After all, once the holiday season comes to an end, the 2015 Tax Season will begin shortly after.

Although the IRS has yet to announce the first day to file 2014 taxes, it’s the perfect time to take steps to maximize your tax refund.

2014 Tax Return Coupon

Make A Holiday Donation

Can you think of a better way to spread holiday cheer than giving? Rather than just giving to your family and friends this holiday season, spread some holiday spirit to those in need.

When you give, you receive, specifically when it comes to taxes. Donations are tax deductible. Continue reading “End of Year Tax Tips to Maximize Your Refund”

Posted on

Last Chance to Claim Your Tax Refund 2011 is April 15, 2015

The very last day to claim your 2011 tax refund is April 15, 2015!

Do you remember what you were doing in 2012? Hopefully, sometime during the 2012 tax season, you filed your 2011 tax return. If not, we understand. Things come up, life happens and taxes get put on the back-burner.

However, you should keep in mind that your last chance to claim a tax refund 2011 is April 15, 2015.

Doing your taxes may seem tedious, but think of the extra money you’ll miss out on if you wait too long to file your 2011 taxes.

In fact, if you wait past the April 15th deadline, there’s no chance you’ll be able to get your 2011 refund.

How to File a 2011 Tax Return

You’ll be able to get caught up on your late tax return with RapidTax. Whatever your tax situation may be, whether you’re expecting a 2011 refund or have tax due, the filing process becomes a lot less “tedious” with RapidTax. Continue reading “Last Chance to Claim Your Tax Refund 2011 is April 15, 2015”