Tags » Tax Filing

Special Tax Breaks for U. S. Armed Forces

Military personnel and their families face unique life challenges with their duties, expenses and transitions. As such, active members of the U.S. Armed Forces should be aware of all the special tax benefits that are available to them. 658 more words

Tax Planning

Is Canceled Debt Taxable?

Generally, debt that is forgiven or canceled by a lender is considered taxable income by the IRS and must be included as income on your tax return. 1,172 more words

Tax Planning

Earlier Filing Deadlines in 2017 for Forms W-2 and 1099

Starting in 2017 employers and small businesses face an earlier filing deadline of January 31 for Forms W-2. The new January 31 filing deadline also applies to certain Forms 1099-MISC reporting non-employee compensation such as payments to independent contractors. 639 more words

Tax Filing

Taxes Done Smarter, Together

When it comes to your taxes, “do it yourself” doesn’t mean you’re alone. Today, TurboTax announced it’s getting even more personal with its expert human help on-demand where you can get assistance through a one-way video connection to a live TurboTax expert and CPAs or enrolled agents who can provide real-time, personalized answers with TurboTax SmartLook… 315 more words

Tax Refund

Some 2016 Federal Tax Refunds Will Be Delayed

If you are claiming the Earned Income Credit (EIC) or the Additional Child Tax Credit (ACTC), your refund will be delayed until after February 15, 2017. 188 more words

Income Tax

Tax Due Dates for January 2017

During January

All employers – Give your employees their copies of Form W-2 for 2016 by January 31, 2017. If an employee agreed to receive Form W-2 electronically, post it on a website accessible to the employee and notify the employee of the posting by January 31. 903 more words

Tax Filing