Points to consider before you calculate your tax return

Points to consider before you calculate your tax return

A tax return is a form that allows you to report income, expenses, and all particulars related to your income tax for the current financial year. The form also helps you to calculate your tax liability to schedule payments or request for a refund. Every citizen of the country is required to pay taxes to the federal government on income earned, whichever way the tax rate and assessment are applicable.
Read More
Everything you need to know about a tax refund loan

Everything you need to know about a tax refund loan

Tax returns can add up to a lot to your personal finances. However, with the new regulations for tax refunds in place, some people may experience delayed refunds. And if you are one of those who are getting stalled tax returns, then the tax refund loans can come into picture.
Read More
Six simple steps to estimate your tax refund

Six simple steps to estimate your tax refund

After you have filed your return, the amount that you can expect to receive from the Internal Revenue Service (IRS) or your state tax authority is known as a tax refund. The amount of the taxes that you have paid in advance and the tax credits that you are eligible for is the amount of the tax refund.
Read More
Essential facts to know about the 1099 tax forms

Essential facts to know about the 1099 tax forms

The Internal Revenue Service or IRS deals with the common issue of preventing taxpayers from not reporting or underreporting their income. To combat the problem of not having a clear understanding of financial transactions, the IRS employs the 1099 tax forms. It is an “information return” that is used by the IRS as a report of taxable incomes which can not be considered as salary or is not withheld.
Read More
4 simple steps to file your taxes online for free

4 simple steps to file your taxes online for free

One of the trickiest financial processes, according to many, is the tax return filing. While some may find it a daunting task, others may consider it an unnecessarily long one. Financial jargon scares most of us into staying far away and when it comes to filing tax returns, taxpayers find themselves in the middle of a lot of confusion, tax forms, and tax filing fees.
Read More
The different elements associated with income tax refund advance

The different elements associated with income tax refund advance

Filing taxes can be a hassle and what makes it even more difficult is the time that one must wait to receive the tax refund. Tax returns can make a big difference to one’s personal finances and the constantly newly introduced regulations can lead to stalled returns. Typically, the IRS takes about 21 days to refund the tax returns, however, this may be a long period for some if they need the funds urgently.
Read More
5 popular 1099 tax software

5 popular 1099 tax software

Working for yourself and running a business has multiple perks and you have the freedom to do what you love to by being your own boss. However, this freedom comes with a certain type of tax responsibility, which is called the 1099 tax. Therefore, self-employed individuals and private contractors must learn about how their employment status affects their tax filing.
Read More
An overview of online income tax courses

An overview of online income tax courses

People interested in making a career in accounting, law, or tax consulting, or those who have a general interest in income and tax can take income tax courses that are widely available online. Apart from accounting, law, and tax consulting, online income tax courses also teach taxation, corporate tax, and estate planning.
Read More