Category Archives: Taxes

IRS Dispels Five Myths about Tax Refunds

The following article was published by the IRS. The Internal Revenue Service understands that taxpayers are anxious to get details about their tax refunds. This has led to a number of common myths about refunds that often circulate on social … Continue reading

Posted in IRS, Personal Taxes, Tax Refunds, Tax Tips, Taxes | Tagged , , , , , ,

“Where’s My Refund?” Tool Lets Taxpayers Check Status of Their Refund

The following article was published by the IRS. The best way for taxpayers to check the status of their refund is to use the Where’s My Refund? tool on IRS.gov. This tool gives taxpayers access to their tax return and … Continue reading

Posted in IRS, Personal Finance, Personal Taxes, Tax Refunds, Tax Tips, Taxes, YouTube | Tagged , , , , , ,

Estimated Taxes Form and Publication Can Help People Pay the Right Amount in 2019

The following article was published by the IRS. The Internal Revenue Service is reminding self-employed individuals, retirees, investors and others who pay their taxes quarterly that the first estimated tax payment for tax year 2019 was due Monday, April 15, … Continue reading

Posted in Corporate Taxes, IRS, Personal Finance, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Law Changes, Tax Tips, Taxes | Tagged , , , , , , , , , , , , ,

Contribute to an IRA by April 15 to Claim It on 2018 Tax Returns

The following article was published by the IRS. It’s not too late to contribute to an Individual Retirement Arrangement (IRA) and still claim it on a 2018 tax return. Anyone with a traditional IRA may be eligible for a tax … Continue reading

Posted in Investing, IRS, Personal Finance, Personal Taxes, Planning Strategies, Retirement, Tax Deductions, Tax Tips, Taxes | Tagged , , , ,

There are Six New Schedules Some Taxpayers will File with the New Form 1040

The following article was published by the IRS. The 2018 Form 1040 replaces prior year Forms 1040, 1040A and 1040EZ. The 2018 Form 1040 uses a building-block approach that allows individuals to file only the schedules they need with their … Continue reading

Posted in IRS, Personal Taxes, Tax Law Changes, Tax Tips, Taxes | Tagged , , , , ,

Safekeeping Tax Records Helps for Future Filing, Amended Returns, Audits

The following article was published by the IRS. The IRS generally recommends keeping copies of tax returns and supporting documents at least three years. Employment tax records should be kept at least four years after the date that the tax … Continue reading

Posted in Data Security, IRS, Personal Finance, Personal Taxes, Tax Tips, Taxes | Tagged , , , , , ,

Taxpayers Must Report Health Care Coverage on 2018 Tax Return

The following article was published by the IRS. As taxpayers are completing their 2018 tax returns this year, they must complete the lines related to health care. For tax year 2018, the IRS will not consider a return complete and … Continue reading

Posted in Health Care, IRS, Personal Taxes, Tax Tips, Taxes | Tagged , , , , , , , , , , , ,