Apr
18
2021 is coming to an end, and you may be wondering when you can file taxes in 2022?
While you may be looking forward to the holiday season, keep in mind that tax season officially kicks off soon after it ends.
The Internal Revenue Service has set the opening day for the 2021, 2022 filing season as Monday, Jan. 24, 2022. That’s when the IRS will start accepting and processing 2021 tax year returns.… Read the rest
Apr
17
If you have an H&R Block account and password. Sign in to H&R Block online by opening your web browser, going to H&R Block’s website, then entering your H&R Block username and password on the H&R block home page.… Read the rest
Apr
15
Due to internal issues at H&R Block, their online services are unavailable from this site at this time. We do however recommend TurboTax Online in the meantime.
… Read the restApr
1
Year in and year out, as a business owner, you pay taxes on what’s called “ordinary income”. When you sell your business, the tax on the increased value of your business is called capital gains tax. This article discusses the definition, calculation, and ways to minimize or eliminate capital gains taxes on the sale of a business.
When you earn a salary, commissions or business income, you get taxes on the income as it is received.… Read the rest
Apr
1
The Tax Cuts and Jobs Act (TCJA) completely changed the US tax system. The last such change of this magnitude happened more than thirty years ago. As a result, millions of Americans are now left wondering what they’re entitled to and which deductions are still valid.
One of the most widely taken deductions is the deduction for mortgage interest. The TCJA didn’t eliminate it, but significant changes were made. Plus, due to other changes, many Americans will now be ineligible to use the mortgage interest deduction going forward.… Read the rest
