Let's do Taxes

HideIMPORTANT NEWS: The IRS has officially pushed out this year’s tax filing and payment deadlines from April 15 to July 15, 2020 due to the ongoing COVID-19 Coronavirus pandemic. Learn more on how this will affect your tax return.

  1. 90% of Tax Filers eFile – Do You?

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    Last year over 90% of tax returns were filed electronically, or efiled. That number continues to climb each year, but it’s inching forward very slowly, which indicates that we may not achieve 100% of electronic filings for decades. The IRS continues to persuade taxpayers to submit the returns electronically as...
  2. H&R Block Tax Pro Go

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    H&R Block is associated with the offices that are easily found all across the country. Not only it represents the ease of finding a reliable source of this important service, but also a peace of mind that the representatives are nearby when you’re on rush to file taxes. H&R Block...
  3. What’s new from TurboTax – 2018 Tax Season

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    Filing online, or efiling, has been gaining popularity every year due to the speed of tax preparation process. It is arguably the most efficient way to submit your tax returns and receive refund if you file a simple and straightforward tax return. In fact, those who receive a W-2 and...
  4. What’s new this tax season at H&R Block

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    H&R Block has long been known for providing taxpayer opportunity to file taxes independently or sit down with a tax pro one-on-one at one of their locations. Little has changed and to this date the most important decision you make – when using H&R Block – is to determine if...
  5. Tax Refund Schedule for 2018

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    This year the IRS began processing tax returns on January 29, 2018 and the first refund should be getting issued anytime. If you want to minimize the time you wait to get your refund, there are some things you should know and could do. Getting your refund depends on: How...
  6. Free Help Preparing Your 2018 Tax Return

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    There are many ways to prepare and submit tax returns, depending on your level of confidence, available time, and financial ability. Millions of taxpayers file taxes on their own, others hire tax professionals and outsource that task. But if you think you don’t belong to neither one of two groups...
  7. New Tax Rates, Same Number of Brackets

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    The recently enacted tax reform did bring lower tax brackets, but it didn’t bring promised simplification of them. In 2018 our income will still be split among seven brackets, but they are now smaller and are intended to reduce what we owe. Below is a table summarizing the new tax...
  8. IRS’s New Website, Now More User Friendly

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    In recent weeks IRS released an updated version of its website. It is the first time in many years that the agency made major aesthetic changes to the site. Quite frankly, it was overdue for a change. Less is more When you land on the IRS homepage, there appears to...
  9. Health Reform Takes Effect on January 1st, 2019

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    The recent Tax Cut and Reform Bill eliminated the requirement for individuals to have health insurance. That means that carrying insurance once again becomes optional and individuals will not be penalized for not being covered. There may be some unintentional consequences related to this new law because it takes effect...
  10. Filing for Tax Extension by April 18, 2017

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    With our tax returns due in just two days away – April 18th – You still have the option of filing for extension if you need more time to get your returns completed. Here is couple of reasons to consider filing for extension: – You don’t have all the information...