The IRS has a tax form for every occasion. One quick search on the IRS website will promptly bring up over 900 different results. Most of these forms are for extreme niches and you don’t need to know about them. But there are 10 forms you do need to be aware of before you file … Read the rest
If you have a professional tax accountant on your side, you don’t need to know much about the different tax forms. But it’s always best to know as much as possible about what your accountant is doing. Most of us are aware of W-2s given to you by an employer, but not so many … Read the rest
Are you aware that there are a few different kinds of IRS form 1040 and instructions? It’s best to know which income tax form suits with your specific circumstance and lets you declare the earnings, deductions, credits, etc. that relate to you.
The Most Common 1040 Forms and Instructions:
- IRS Tax Form 1040 (Individual Income
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The Earned Income Tax Credit (EITC) is a credit that is for low to moderate-income taxpayers to get ahead and have more money in their pockets. It can boost refunds significantly if you are able to meet the criteria’s required to claim it.
For example, if you are employed, but your income is considered “low” … Read the rest
H & R Block is one of the names that many Americans know. They have their distinctive green square everywhere when tax season comes near. They are so well known nationally that even small towns have stand-alone shops set up.
In addition to being an in person tax agency, H & R Block 2017, 2018 … Read the rest