Are You Wondering When Can You File Taxes in 2018 ?
Update: Currently, the first day the IRS will start accepting electronic tax returns is going to begin on Jan 16, 2018.
The good news is anyone can get started today with early online tax filing and get a head-start on their tax refund. … Read the rest
Medical expenses can damage your budget tremendously, especially when the emergency is unexpected and your insurance does not cover it. The good news is the IRS does allow you to have some relief from medical expenses with a medical deduction for 2017.
However, to take advantage of their leniency you have to know what is … Read the rest
How Much do You Get Back in Taxes for a Child?
The child tax credit for 2017 is worth up to $1,000 per child that is under 17. To be eligible to claim this credit your child or dependent must first pass all of the following tests:
- Must be 16 or younger on the last
… Read the rest
When you’re doing your income taxes, you will require a number of forms and probably the most significant one is the W2 form.
Every business that you were employed at in the course of the previous year is liable for supplying you with a W-2, which must be sent by January 31 of the current … Read the rest
Some taxpayers may experience a delay in receiving tax refunds in 2017. This is for tax returns due by April 15, 2017. Part of the reason for the schedule delay is a new tax law that goes into effect in 2017.
Quoted from an IRS press release, John Koskinen, IRS Commissioner said, “We don’t want … Read the rest