Tax Documents Checklist
- Adopting a Child: What the Adoption Tax Credit Means to You, Updated for 2026
- How the 2018 Tax Reform Bill Simplified the Filing Process, and Where It Stands Today
- The Affordable Care Act and Your Taxes: What to Know in 2026
- Trump Accounts: Tax Benefits and What Families Should Know
- The 2018 Tax Reform Bill (Known as the “Tax Cuts and Jobs Act”), Updated for 2026
- What You Need to Know About Electronic Tax Payments Since the IRS Is Phasing Out Paper Checks
- IRS Direct File software: What happened to it & what should you do if you used this last year?
- States Where the IRS Has Extended the Tax Deadline
- Health Savings Plan Distributions & 1099-SA
- Did you receive a state or local refund last year?
- Do I need to report my Social Security benefits?
- Who can take the Retirement Savings Contributions Credit? (Savers Credit)
- How to Report Gambling Winnings with a Form W-2G
- How Do I Claim Refundable Credits After Disallowance?
- What is an IRS Issued Identity Theft PIN (IP PIN)?
- Who Can Take the Credit for the Elderly or Disabled (Schedule R)?
- Did you collect unemployment compensation from a state or local government assistance program?
- What is the Recovery Rebate Credit?
- How to file for a federal or state income tax extension
- Taxpayer COVID-19 FAQ
- The New Simplified 1040 Tax Form
- Are my alimony payments considered earned or taxable income?
- Using an AGI, Self-Select or IP PIN to verify a taxpayer’s ID
- Do I pay taxes on my unemployment benefits from when I was out of work?
- At what point should my dependent file his/her own tax return?
Strange State Tax Laws You Won’t Believe
When you’re filing your federal taxes, plenty of the rules and requirements can leave you scratching your head. You can write off this, but not that. You can claim this credit, but only in this particular circumstance. It’s enough to get anyone confused.
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Reactions To IRS Tax Refund Status Updates: A Stream-of-Consciousness Diary
We frequently receive questions from users about the IRS’s Where’s My Refund? tool. This tool, which offers status updates on a taxpayer’s refund, can be extremely helpful but it can also lead to some unneeded anxiety when used too frequently. The tool says it’s only updated once a day and each time it changes may be cause for celebration, because you’re one step closer to your refund. However, following it too closely can add undue stress as demonstrated in the following hypothetical journey of a tax filer… Tuesday Yes!! I finally finished my taxes. Thank goodness – that’s been weighing
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The Ultimate Procrastination: Filing Taxes Late
Why do we procrastinate when it comes to tackling our tax returns? Before you file your taxes late, make sure you file a request for extension. Although it may require you to estimate and pay your taxes, filing an extension will allow you until October to finalize and file your tax return. The advantage to doing this, is it will help you to avoid the large penalties for failing to file your return.
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Asking For an Audit: The 4 Biggest Tax Filing Mistakes To Avoid
You know the deal: unless you’re making some serious cash, it’s highly unlikely that the IRS will audit you. For Millennials, the likelihood of a tax audit is pretty close to zero. That is, unless you end up with a suspicious-looking tax return. But how do you know if your tax return looks suspicious? Well, if you’re trying to game the system, which, by the way, is a huge no-no, then chances are your tax return will have some red flags that spur the IRS to investigate.
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What to Know About Federal vs. State Taxes
If you’re still a novice when it comes to filing your taxes, you may be pretty intimidated by the idea of filing two separate returns – federal and state. It sounds like double the work, right? Thankfully, that’s not entirely the case. Filing state taxes after you’ve filed your federal taxes doesn’t have to be difficult if you use a tax preparation software service like E-File.com. So what makes your state taxes different from your federal taxes? Here’s what you need to know. Federal income tax applies to everyone Federal income tax law is imposed by the federal government. As
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Checklist: Settling Your Back Taxes
If you owe back taxes to the IRS that you don’t think you’ll be able to ever pay off, you may have an option to settle what you owe the IRS with an “Offer in Compromise.” This is simply an offer to settle for a smaller amount than what you owe. An Offer in Compromise is a very long process that requires staying up-to-date on your current tax payment plans and making a good faith effort to pay the balances.
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What wealth means in today’s economy
For most people wealth has a direct correlation to their income. Achieving your financial goals and being able to put away money for your family may be more difficult depending upon your situation – but in no case is it impossible. As with tax planning, if you want to build wealth, it is important to evaluate your resources carefully and plan ahead.
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First time filer with limited income? Tax tips for parents, guardians and filers
Are you the parent of a first time filer with limited income? 1040 EZ may be your child’s solution. As a parent you may be reading this with interest as your child is growing up and facing for the first time – his or her income tax return. If your child has been working a part time job and has his first W-2, this is a good year to sit down with him or her and go through this checklist.
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How’s Your Neighbor Spending Their Tax Return? A Peek Through the Curtains
So, you’re expecting a healthy refund from the IRS any day? If you’re like most Americans, you already know exactly how you’ll be spending it. But did you ever wonder what your fellow taxpayers spend their income tax refunds on? And how your plans compare to theirs? Wonder no more – we’ve got the inside scoop on your neighbors’ spending right here. While most people imagine that vacations or big purchases are the most common things people choose to use their refunds on, those make up only a small percentage of the actual ways in which they’re spent. According to
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What’s Your Tax Time Personality? A Quiz
Are you the type who puts off filing your taxes till the absolute last minute, and then pulls a coffee-fueled all-nighter frantically pawing through piles of paperwork and filling in forms till your eyes are crossed?
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