This article was published by the IRS. In the latest improvement for taxpayers, the Internal Revenue Service has announced that people electronically filing their Form 1040-X, Amended U.S Individual Income Tax Return, will for the first time be able to select direct deposit for any resulting refund. Previously, taxpayers who filed Form 1040-X with the IRS [...]
If you need more time to file your tax return, don't worry. Getting an extension of time to file is easy. You can get an automatic extension of six months by filing Form 4868, available at IRS.gov/extensions. This is only an extension of time to file, not to pay. You still need to pay any tax [...]
This article was published by the IRS. The educator expense deduction allows eligible teachers and administrators to deduct part of the cost of technology, supplies and training from their taxes. They can only claim this deduction for expenses that were not reimbursed by their employer, a grant or other source. Who is an eligible educator: The [...]
One of the first things to figure out with your taxes is which filing status to use. What counts is your status as of December 31st, not any other time of year. There are five filing statuses. Which one is yours? Single - If you're single, divorced, or legally separated as of December 31st, you're probably [...]
This article was published by the IRS. The Internal Revenue Service is reminding taxpayers to protect their personal and financial information throughout the year and watch out for IRS impersonation scams, along with other schemes, that try to trick people out of their hard-earned money. These schemes can involve text message scams, e-mail schemes and phone [...]
