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.
So, When Does Tax Season Start in 2022
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
H&R Block has helped millions of taxpayers like you get their tax refunds in a timely manner. H&R Block will answer all questions about filing taxes and help you find the right solution to suit your needs. Login to H&R Block Online today!
How to Login to H&R Block Online
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
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.
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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.
What Are Capital Gains Taxes?
When you earn a salary, commissions or business income, you get taxes on the income as it is received.… Read the rest
Are you building a new home?
There are tax breaks available for people in this situation. They come in the form of tax deductions and tax credits. A credit is used to reduce the amount you pay, and a deduction reduces your total taxable income.
Here are some of the tax write-offs available to you now.
Did You Pay Interest on a Construction Loan?
If you took out a construction loan to build your home, then chances are you paid interest on that loan.… Read the rest