RefundtalkTax season is here, and many taxpayers are still waiting on important forms before they can file their returns. Here’s a breakdown of the forms you need to wait for and those you don’t—so you can be fully prepared when filing time arrives! 📄 Forms You Need to Wait For These forms must be issued…
Category Archives: Tax Tips
Tax Changes for 2025
Highlighting the Biggest Tax Changes for 2025: What You Need to Know As the 2025 tax season approaches, taxpayers need to stay informed about key updates and changes to the tax code. Filing your 2024 taxes next year will include some notable adjustments that may affect your tax liability, refund amount, or filing process. This…
Year-End Tax Planning Tips to Save Money
As the year winds down, now is the perfect time to focus on strategies to minimize your tax liability and keep more of your hard-earned money. Effective year-end tax planning can help you maximize deductions, take advantage of tax credits, and prepare for the upcoming filing season. Here are actionable tips to help you save:…
Tax Tips for the 2023 Tax Season
Tax Refunds May Be Smaller This Year Plan now to learn these 2023 tax tips to avoid surprises in the future! If you’re expecting a tax refund in 2023, it may be smaller than last year, according to the IRS. Your annual balance is based on taxable income, calculated by subtracting the greater of the…
The Most Useful IRS Tools for Taxpayers
The Internal Revenue Service encourages taxpayers to use their free online IRS tools and resources to find the information they need to get ready to file their federal tax returns. Specifically, IRS.gov is a one-stop shop for tax novices and experts alike, offering how-to guides, FAQs, calculators, estimators, and downloadable files. The following are some…
Taxpayers should stay on top of taxes all year to avoid a surprise tax bill
The next tax season seems far away, but this is actually the perfect time for taxpayers to review their withholding and estimated tax payments. Because federal taxes are pay-as-you-go, it’s important for taxpayers to withhold enough from their paychecks or pay enough in estimated tax. If they don’t, they risk being charged a penalty. Adjust Tax Withholding For employees,…
An IRS online account is Simple, Safe, and Secure
An IRS online account makes it easy for people to quickly get the tax planning info they need. With the same ease that taxpayers have when banking online or placing an online shopping order, they can log in and get the latest on their payment history, balance, and more. Taxpayers can view information about their account including:…
Things to Remember before filing your Tax Return
As we approach a new tax filing season we have compiled a list of things for you to remember before filing your return. DO NOT file your taxes with your last paycheck stub from the year DO NOT file your Taxes with your year’s final paycheck stub. The information on the final paycheck can be…
Do I Claim Zero, One, Two W-4 Allowances?
The last thing you want to do is frantically run up to your boss asking “How many allowances do I claim on my W-4?”. Being aware of the number of allowances you are claiming on a Form W-4 [Employee’s Withholding Allowance Certificate] is important for a variety of reasons. Most importantly, the number of allowances you claim on a…
Create an Online Account at IRS to view your balances, make payments, get transcripts, and more!
The IRS lets you access most tax tools with one account ID.me uses the latest in identity verification technology to authenticate your identity quickly and easily. They specialize in digital identity protection and help us make sure you’re you—and not someone pretending to be you—before we give you access to your information. If you have an…
Related Posts