Posted by Manisha Hansraj on October 23, 2020
Last modified: October 23, 2020
Rushing to file your tax return at the last minute?
We get it. Life is busy, especially when working from home with family or if you have other priorities. If filing your taxes has slipped your mind, we’re here to help.
The good news is, you can still file. Here’s what you need to know.
Important Tax Dates
If you missed the 2019 tax deadline, the following tax dates are important.
July 15, 2020 – The final day to file and pay the taxes you owe to the IRS without accumulating penalties. It is also the last day to file a request of a filing extension. October 15, 2020 – The last day to e-file all returns and the extension deadline. What if I owe to the IRS?
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Posted by Manisha Hansraj on March 28, 2019
Last modified: March 28, 2019
The new tax season brought in a lot of changes, and your job expenses are one of them.
If you’ve noticed on your tax returns that you can’t deduct your W-2 job expenses for 2018, you’re partially correct. Unfortunately, not everyone can claim their out-of-pocket job expenses.
Here’s the breakdown.
The new tax laws have narrowed down on who claims their W-2 job expenses, mainly by their occupation.
You can only deduct your job expenses if you’re one of the following:
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Posted by Manisha Hansraj on September 10, 2018
Last modified: September 18, 2018
The IRS can’t directly accept credit card payments due to tax laws.
However, they can accept payments through a third-party processor. For example, online tax preparation companies are third-party processors since they are designated by a merchant to handle transactions for merchant acquiring banks. They can then assist you in making your credit card payment towards your tax bill to the IRS.
Here’s what you need to be prepared for when you plan on using the credit route.
There are no flat fees when using your credit card.
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