Tax season for 2023 has ended for most Americans. However, if you didn’t have your paperwork together, or you couldn’t get your return finished, you had the option to file for a tax extension. That gives you until October 15th to prepare and submit your return. (Note: an extension only applies to the paperwork. If […]
Keeping old tax records may save you time and energy if you are ever audited or need to file an amended return. Previous year’s tax returns can also be used to prove your income when asking for a loan, such as a mortgage. In this post, we’ll go over how long you should keep tax […]
What Is The IRS?
The Internal Revenue Service (IRS) is a federal organization tasked with collecting taxes on the government’s behalf. If you are self-employed, it is in charge of your deductions and quarterly estimated tax payments, as well as the deductions you make while filing your taxes. If you do not wish to follow IRS requirements, you must, […]
How To Contact The IRS: Customer Services, Phone Numbers, Tax Assistance
Communicating with the Internal Revenue Service, or IRS, can be a daunting task — and one that most people would prefer to avoid if possible. But sometimes doing so simply isn’t avoidable: perhaps your tax return or refund never arrived, there’s an issue with a child tax credit or other credits, or you need to […]
Selling Cryptocurrency to Lower Taxes?
If you are thinking about selling your Cryptocurrency early in order to lower your taxes, you may want to gain more knowledge before doing so. Read here!
Is Child Credit Still Relief Bill’s Best-Kept Secret?
Millions of Americans may be eligible for the debut of the Child Credit; however, they may not even know they should be getting this money. Learn more here!