Income Tax

2018 new 1040 postcard form

July 3, 2018 

The New Postcard Size IRS Form 1040 for 2019

The Internal Revenue Service has released a prototype of the new Form 1040 that hundreds of millions of Americans use to file their annual taxes. The new "postcard sized" form will be used for the 2018 income tax year, which most Americans will file ...

original personalised corporate thank you gift bags 1  5ae2139089ee1

May 16, 2018 

How to Really Thank Your Team After Tax Season

Many firms have a bonus structure in place to financially reward employees, but that’s not enough. More than a nice gesture, going above and beyond — much as your workers have done since at least January — when showing appreciation is a must to keep ...

Paul McDonald

 Is Tax Reform Really Helping Main Street Small Businesses?

April 25, 2018 

Is Tax Reform Really Helping Main Street Small Businesses?

New data released recently by several small business and government organizations show mounting evidence that the tax law isn’t helping Main Street small business owners grow their businesses, and that most small business owners don’t understand ...

1040online1

April 18, 2018 

IRS Extends Tax Day Deadline through April 18

The IRS announced on Tuesday that it has extended the tax deadline by one day to April 18, 2018. The move comes as many tax professionals and individuals encountered difficulties with the IRS website, particularly its Direct Pay system, which allows ...

 IRS Adds One Day to Tax Deadline: Now April 18, 2018

April 17, 2018 

IRS Adds One Day to Tax Deadline: Now April 18, 2018

The IRS announced on Tuesday that it has extended the tax deadline by one day to April 18, 2018. The move comes as many tax professionals and individuals encountered difficulties with the IRS website, particularly its Direct Pay system, which allows ...

 IRS Website Problems Lead to Extension of Deadline by One Day

April 17, 2018 

IRS Website Problems Lead to Extension of Deadline by One Day

The IRS announced on Tuesday that it has extended the tax deadline by one day to April 18, 2018. The move comes as many tax professionals and individuals encountered difficulties with the IRS website, particularly its Direct Pay system, which allows ...

Internal Revenue Service IRS dot gov

April 17, 2018 

IRS Direct Pay is Working Again

The IRS Direct Pay system stopped functioning on this last day of timely tax filing. Today is the deadline for most Americans to report their income taxes for last calendar year and, if taxes are owed, to pay that debt.

 Tax Refund? Many Americans Plan to Pay Debts

April 12, 2018 

Tax Refund? Many Americans Plan to Pay Debts

Receiving a tax refund is quite welcomed if you are looking to splurge on some new clothes or a vacation, but LendEDU's latest survey found that tax refunds are often used for more serious things, like getting out from under suffocating debt.

 Can’t Pay Your Taxes? Here’s What to Do Next

April 11, 2018 

Can’t Pay Your Taxes? Here’s What to Do Next

If you have not yet filed taxes, or are considering avoiding your taxes altogether, remember that it is always best to file. Neglecting to do so only increases the amount that you owe, adding heavy penalties. A delinquent tax return or late ...