How to Fill Out the New IRS Form 1040
October 13, 2022 Tax Forms
Form 1040 is the basic tax form everyone who pays taxes must fill out when filing Federal income taxes. Today, there’s just a single version of Form 1040. Depending …
Free Online Tax Software
October 13, 2022 Tax Filing
Every time tax season rolls around tax filers find themselves experiencing stress, worry, and anxiety. Some tax filers even delay until the last minute possible because they think it …
Can You Get the Child Tax Credit if You Have No Income?
October 13, 2022 Child Tax Credit, Tax Credits
Millions of Americans don’t care when the tax season begins or ends because they don’t have to file taxes. If you are someone who has little to no income, …
Capital Gains Tax and You – Do You Need to Pay?
October 13, 2022 Capital Gains, Taxes
Did you make a successful investment this year, or did you sell a property? If that’s the case, you may need to pay capital gains tax. This is a …
What is the New IRS 1040 Form?
October 13, 2022 Tax Forms
For the upcoming tax season, the IRS Form 1040 has changed forever. This goes back to the Tax Cuts and Jobs Act (TCJA), where Americans with simple tax affairs …
Energy Tax Credits for Home Improvements
October 12, 2022 Energy Tax Credits, Tax Credits
It’s time to get ready for the next tax season by knowing what home improvements you can make to qualify for energy tax credits. Home improvements are more affordable …
What is the Social Security Cap for 2022?
October 12, 2022 Social Security, Taxes
The Social Security Administration released several figures pertinent to both workers and retirees. These statistics reveal a large increase in the worker wage base and a modest boost to …
What Are Residential Energy Tax Credits?
October 12, 2022 Energy Tax Credits
A residential energy tax credit is a tax credit that helps offset the cost of energy-efficient improvements to homes. The credit is available for a variety of home improvements, …