Employers are obligated to send out W-2 Forms by January 31st, or the next business day if it falls on the weekend or a public holiday.
But that doesn’t mean you have to receive it by that date. This can be highly frustrating if you just want to file your taxes and get the whole process over and done with.
That’s why services the W-2 Finder were created. You can get an electronic copy free of charge, so that you can get started on your taxes as early as possible.… Read the rest
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
IRS Form 1040 is the basic tax form many Americans will use. However, it also recently received an overhaul.
The new Form 1040 will now be the size of a postcard with 1040EZ and 1040-A removed from circulation entirely. However, there are a variety of new schedules, so you need to be aware that you don’t need to give less information; they’ve just been moved to other forms.
So, let’s look at where you can find IRS Form 1040 and instructions.… Read the rest
The new Form 1040 is different from the old one. This new draft may seem confusing, but we are going to help you understand it. Here are the five things all Americans should know about the new IRS Form 1040.
The New 1040 Form is the Size of a Postcard
One of the main promises Donald Trump made during the 2016 presidential campaign is he wanted to change the tax code to make it simpler. He said that he wanted the average American to be able to file their taxes on something the size of a postcard.… Read the rest
Do you want to get a refund the next time you remodel your home?
There is a variety of different local, state, and Federal remodel incentive programs that can help you improve the value of your home.
There is also a range of tax relief options and low-interest loans you can take advantage of, but many of them are difficult to find.
What are the Basic Requirements?
The programs offered by the government are limited to things that increase the value of your home.… Read the rest