[youtube https://www.youtube.com/watch?v=drh1UUCMMLk]When you find yourself owing the IRS at tax time, there are several different ways to make these payments. Among these are three ways to pay electronically: Online Phone IRS2Go Of these options, the best one is usually paying online using IRS Direct Pay. Direct Pay lets you make a payment online directly from your [...]
[youtube https://www.youtube.com/watch?v=6FSOyxkhxdM]You may be wondering how your taxes will be affected next year due to the new tax laws that are now on the books. Will you get more money back or will you end up owing more? The only way to know for sure is to use the withholding calculator from the IRS. You can [...]
[youtube https://www.youtube.com/watch?v=7_516dpIZWU] Every year there is a subset of people who ask themselves if they have to file a tax return. The best way to find out the answer to this question is by checking out the Interactive Tax Assistant on IRS.gov/ITA and clicking on “Do I Need to File a Tax Return?” You will then [...]
[youtube https://www.youtube.com/watch?v=jx7ZulLb-PM] If you are one of many Americans who earn a low to moderate income, you may be eligible for a tax credit that can increase your tax refund. This credit is known as the Earned Income Tax Credit, or more simply the EITC. The credit is variable and depends on several factors, including your [...]
[youtube https://www.youtube.com/watch?v=VRRkHB55ung]If you are one of the millions who plan to claim the Earned Income Tax Credit or the Additional Child Tax Credit, there are some things that are important to know. Regardless of when you file your taxes, the IRS is restricted by law from issuing any refunds to those claiming either of these credits [...]