Tax Season Starts Next Week – Are You Ready?
It’s almost here. That glorious time of year known and loved by millions as “tax season.” Of course, the reality is that most taxpayers don’t look forward to this time of year – unless they’re expecting a large return – but even those that fall into this category still don’t look forward to the tax filing process. In any case, love it or hate it, tax season is here. In fact, according to the IRS, the official tax filing season kicks off next week, on January 23 and runs through April 18.
There are some other filing notes to be aware of, as well. Anyone who e-files can submit their return before January 23rd; however, whichever software or online program you use will not actually submit them to the IRS until the 23rd. Additionally, anyone claiming the earned income credit or the additional child tax credit will not begin seeing their refund till Feb 23rd, due to a new law to protect against fraud.
So what can you do to start getting ready? First, there are several key forms that you should be looking for, including W-2s, 1099-Misc and 1099-Ks. These should all arrive by January 31. If you haven’t already begun gathering all your important tax and financial documents then now is the time to get started. If your taxes are complicated, or you’re a high net worth taxpayer then you should contact an experienced and qualified tax professional for help.
http://www.cnbc.com/2017/01/06/tax-season-opens-jan-23-heres-how-to-get-started.html
http://www.12news.com/money/irs-heres-when-you-can-begin-filing-your-2016-taxes/384371099
Seven Important Tips that will help you crush your next Interview
Seven Important Tips that will help you crush your next Interview 1) Learn about the company It’s important to do research on the company for which you are interviewing. Take some time to research the position, the company, the culture, and some perks/drawbacks of the job. You can often find out more about a job…
The Key Asset to Building Top Performers
The Key Asset to Building Top Performers Are you a manager, or a team leader? If you are, then one of your goals is likely building the best team possible. After all, in most work situations, leaders are only as good as the teams they lead. So how do you build the best team? What…
New Strategy for Wealthy Taxpayers to Beat Property Taxes
New Strategy for Wealthy Taxpayers to Beat Property Taxes One of the biggest complaints of the Tax Cut and Jobs Act (TCJA) has been how it affects the state and local taxes (SALT) deduction form the federal return. These deductions have been a major part of many taxpayers’ returns for many years, especially wealthy taxpayers.…
5 Simple Tips for Protecting Your Privacy From Hackers
5 Simple Tips for Protecting Your Privacy From Hackers People might assume their personal information is personal. However, you’d be surprised how much information relating to you can be found online. Much of this has been gathered without you knowing and without your consent. A prime example of this being pipl.com which is just one…