One of the things taxpayers look forward to every year is the tax refund. Not that all taxpayers really get them, but one could only hope. That’s like windfall—money that you did not take into account (unless you are that fastidious about your earnings). The...
It is very helpful when you keep your tax records. This, especially when you are self-employed, or are employed but working with a side hustle. Your tax records will give you an idea of your finances over the past few years, whether you are employed or...
Nobody enjoys paying taxes—but it is essential that we do. However, there is something even less enjoyable than paying taxes—paying penalty! So always file your tax return on time as well as pay your tax on time. If you are not prepared to file your...
It’s that time of the year again when U.S. citizens have to file their tax returns and pay their taxes. For the first time, taxpayers will also contend with changes in the law through the Tax Cuts and Jobs Act of 2017. Since the law, which...
With all the necessary expenses that you need to cover within a particular calendar year, it would be somewhat of a miracle to have budgeted for your tax obligations. More often than not, this seems to be the cited expenditure that most taxpayers conveniently forget...
Are you in tax trouble? You better deal with it right away to not exacerbate the problem. The job of the Internal Revenue Service (IRS) is to collect taxes, and it is very good at that job. So if there are people who fail to...
Perhaps, our first encounter with financial automation would be the automated teller machine or ATM. We just want to place our access card into the slot, check our remaining balance, and withdraw funds with as little fuss as possible. Hopefully, that convenience of sorts can...