Taxes

What Will Really Happen If You Don't Pay Your Federal Income Taxes?
HOTTOPIC

What Will Really Happen If You Don't Pay Your Federal Income Taxes?

The thought crosses our minds every year at tax time. What would happen if I didn't pay my income taxes? We never find out, however, since we always end up paying. But what WOULD happen if you didn't pay?

elderly couple
HOTTOPIC

Get A Federal Income Tax Credit To Care For Your Aging and Elderly Parents

If you are caring for an elderly parent, you already know that it can get quite expensive. But you can qualify for a some tax credits and tax deductions from the Internal Revenue Service (IRS) for the financial support you provide.

Income Tax Deductions For A Larger Tax Refund
HOTTOPIC

Don't Miss These Common Income Tax Deductions For A Larger Tax Refund

Getting ready to file your taxes? Are you looking for the biggest tax refund you can get? Keep reading. You don't want to miss out on a number of common tax deductions often overlooked at this time of year.

filing taxes
HOTTOPIC

Here Are The Most Common Income Tax Return Errors And How To Avoid Them

There are a number of common tax return errors you should look out for when preparing your 2018 tax return! Many errors are caused by carelessness or not double checking the info you enter.

Scam Alert
HOTTOPIC

IRS Warns of New Phone Scam, Reminds Consumers to Remain Vigilant

The IRS is warning consumers to be on the lookout for a scam where fraudsters call to demand an immediate tax payment through a prepaid debit card.

tax forms
HOTTOPIC

Thinking About Asking For an Advance on Your Tax Refund? Think Again

If you're short on money and know that you will be getting a tax refund this year, you may be tempted to get an advance on the refund. However, the fees and interest should make you think twice.

job search tax deduction
HOTTOPIC

Job Search Expenses Can Be Tax Deductible, Even if You Don't Get the Job

If you've been looking for a new job in the same line of work as your last job, you may be able to deduct some of your job search expenses on your federal income tax return. It doesn't even matter if you get the job.

operating room
HOTTOPIC

Get A Bigger Tax Refund: Know Which Medical Expenses Are Deductible On Your Tax Return Under The New Tax Law

If you're looking for a way to get a bigger tax refund this year, you might consider itemizing in order to take advantage of the medical expenses deduction. The IRS allows taxpayers to deduct qualified medical expenses.

Baby in Hat
HOTTOPIC

Have a New Baby or One on the Way? Don't Miss These Tax Breaks

After all the time you spend getting ready for your new baby, your taxes are probably the last thing on your sleep-deprived mind. But they shouldn't be. Children can save their parents money on their taxes in many ways.

filing taxes
HOTTOPIC

Here Are The Most Common Income Tax Return Errors And How To Avoid Them

There are a number of common tax return errors you should look out for when preparing your 2018 tax return! Many errors are caused by carelessness or not double checking the info you enter.

income tax brackets
HOTTOPIC

Federal Income Tax Brackets Updated With the New 2018 Federal Tax Laws

As if the federal and state income tax system isn't complicated enough, 2018 brought some changes to tax laws that affect how much taxpayers will pay on their federal income taxes beginning with in 2018.

stop sign
HOTTOPIC

Tax Professionals Warned of New Scam Aiming to Steal Their Passwords and Client Information

The IRS is warning tax professionals to beware of a new phishing email scam impersonating tax software providers and attempting to steal data.

tax forms
HOTTOPIC

Thinking About Asking For an Advance on Your Tax Refund? Think Again

If you're short on money and know that you will be getting a tax refund this year, you may be tempted to get an advance on the refund. However, the fees and interest should make you think twice.

Money
HOTTOPIC

Check These Things Before the End of the Year to Be Ready to File Your Taxes

With Christmas just two weeks away, the last thing on everyone's mind is filing taxes. But even though the Internal Revenue Service (IRS) tax filing deadline is still months away, there are a few things you should look at now to make sure you're ready before the year ends. Once the new year begins, your ability to influence your 2018 taxes is very limited.