The Internal Revenue Service (IRS) announced today that the tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February. The tax deadline will be April 17 this year, so taxpayers will have
Tag: irs
Tax News for 2018 Filing Season
The Internal Revenue Service (IRS) has not yet announced the date that it will begin accepting individual tax returns for the 2018 tax filing season for 2017 tax returns. As the IRS does every year, it’s continuing to update its
2018 Tax Reform – Tax Law Changes
On December 22, 2017 the President signed into law H.R. 1 (officially titled ‘An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018’). The legislation was originally
2018 Healthcare.gov Open Enrollment Deadline Dec 15th
On November 1, 2017, open enrollment for the Affordable Care Act began. It is very important that individuals/families who are not covered by healthcare plans by their employers, consider purchasing a plan through HealthCare.gov. You should act fast because the deadline is December 15,
Efile Ends November 18th
Reminder: E-File Closes November 18. Returns will need to be filed on paper. Taxpayers, including those in disaster areas, who want to file a 2016 tax return electronically have a little over a week left. To prepare the e-filing system
October 16, 2017 Tax Filing Deadline
October Extension Deadline Final deadline to file individual tax returns 1040, etc (with extension). The deadline is Oct 15th but since it’s a weekend the due date is October 16th instead.
3rd Quarter Estimated Tax Payment
Your quarterly estimated tax payment is due soon. Third Quarter 2017 taxes due by September 15, 2017. Estimated tax is used to pay income tax and self-employment tax, as well as other taxes and amounts reported on your tax return. If
Tax Tips – Individual Retirement Arrangements (IRA) Info
Taxpayers often have questions about Individual Retirement Arrangements, or IRAs. Common questions include: When can a person contribute, how does an IRA impact taxes, and what are other common rules. The IRS offers the following tax tips on IRAs:
Tax Tips – Uber, Lyft, and Other Ride-Share Drivers
Ride-Sharing Services Instead of sitting at home watching TV reruns during their down time, some of people are making extra cash by offering their services in the shared economy. One of the most popular methods is to become a driver for
Missing a W2 Form?
What to Do if You’re Missing a W2 Most people get their W-2 forms by the end of January. Form W-2, Wage and Tax Statement, shows your income and the taxes withheld from your pay for the year. You need