Tax news, personal finance, and more!
Countless taxpayers may be stressed out with taking care of their families, working from home (if they’re able to), and trying to adjust to their daily lives. With filing a tax return being the last thing on their mind, the July 15 deadline came as fast as it left.
If you find yourself worrying about needing extra time to file, don’t worry, we’re here to help.
The IRS recently released a draft of the 2019 tax year filing instructions. Here are the tax changes you need to be aware of before the tax season arrives.
Your tax return may seem a bit off when you’re filing. The reason for this is the Tax Cuts and Jobs Act (TCJA) changes.
If you have a hectic schedule or just want to relax at home after a long day, filing your taxes online could be the best option for you. No need for standing in long lines for a tax accountant.
All you need to do is follow these few steps:
We’ll prepare your tax return as soon as possible. Keep in mind, taxpayers who have a refund for the 2018 tax year are not subject to any penalties at any point they decide to file. Just make sure you file within three years of the due date of your return to claim your refund. In this case, claim your refund by April 15, 2022.
However, taxpayers with a tax due to the IRS should have filed by the 2018 tax year deadline; April 17, 2019 to avoid tax penalties.
The following are no longer available for the 2018 tax year: Continue reading “How to File Your 2018 Taxes & Important Tax Changes”
