Many popular misconceptions surrounding the taxation of US expatriates are in existence and that's what confuses a lot of expats. Failing to submit government taxes is among the most common and costly mistakes made by Americans who relocate outside of the...
If you file your taxes regularly, you're likely to be aware that they aren't due until mid-April. That said, if you are smart enough, you won't wait to file it. You should file your taxes ASAP, even if it implies putting in additional efforts in the coming weeks...
As I am writing this blog, I assume that most of you must have already filed your taxes for 2016 by now, and the remaining, who are still scribbling over the tax form, must be waiting for 18th April 2017, the deadline for filing taxes. People who are yet to file it...
Tax identity theft is when a criminal uses your Social Security number to file a tax return on your behalf to claim the tax refund. Unfortunately, you come to know about the theft when you try to file your return and get a message that one is already filed with your...
You tend to rush through your tax return when you see that the tax-filing deadline is coming closer. This can result in mistakes on your tax form which can slow down the processing of your return, cause a delay in your tax refunds or even result in an IRS audit. Don't...
It's time to start preparing for the tax season so you can file your tax return successfully and get a heavy refund check. By being prepared now, you will be able to file your return efficiently without getting any complications from the IRS. Get your tax preparation...
Your tax refunds are nothing less than surprising Christmas gifts that arrive in the springtime. With a sudden boost in your bank account, you might plan to go out for a family vacation or on a shopping spree. Others may plan to put the tax returns in an investment...
Whether you are on the verge of retirement or just in your early 20s, you can’t evade taxes. Smart tax planning can help you meet your financial obligations both before and after retirement.
Saving money on taxes can be done several ways. You need to look at preparing your taxes from multiple angles to figure out what best suits your situation. The following examples are some of the ways you can reduce your tax liability.
Tax Deadline
Ensure that all of your paperwork and receipts are organized. Many make the common mistake of choosing the easier option of selecting the standard deduction. In many cases, this is an acceptable option, however, hundreds who take it lose hundreds and...
5 Tips to Get the Most out of Your Tax Returns