Tax season can be a reassuring time of the year for many families. They count on their tax refund to pay bills, perhaps plan a much needed vacation, or do some much needed home or auto repairs they’ve been putting off. Whatever you’re looking to do, your return has you covered. But this year, it’s…
There’s no better time of the year than knowing your tax refund is waiting for you just around the corner. You’re eagerly awaiting notifications via e-mail for important tax documents and check the mail regularly for any other documents including your W2. Once you have everything you don’t want to w…
Overview It’s that time of year again. Looking for a quick and easy way to prepare and submit taxes? Prefer to avoid the headache and hassle of staying up to date on all the changes to tax law? Look no further than H&R Block At Home’s tax preparation software, formerly known as TaxCut. Whet…
As millions of Americans look toward retirement, many are concerned about whether they will have enough savings to live comfortably. One of the biggest worries retirees face is healthcare expenses. While Medicare covers a large portion of medical costs for those aged 65 and older, it doesn’t cover…
As a freelancer, understanding when to pay self-employment tax is crucial for staying compliant and avoiding penalties. Here’s a detailed guide to help you navigate this aspect of your business: What is Self-Employment Tax: This tax covers Social Security and Medicare, which are typically withhe…
As tax season approaches, misinformation and myths about taxes abound. These misconceptions can lead to costly mistakes or missed opportunities. Let’s debunk some of the most common tax myths to help you navigate your finances more confidently. Myth 1: "Filing for an Extension Means Payin…
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