Here’s What Taxpayers Should Consider When Determining If They Need to File

The following article was published by the IRS. As people prepare to file their taxes, there are things to consider. They will want to determine if they need to file and the best way to do so. For tax year 2018, all individual taxpayers will file using the new Form 1040. Forms 1040A and 1040EZ are [...]

Veterans Owed Refunds for Overpayments Attributable to Disability Severance Payments should File Amended Returns to Claim Tax Refunds

The following article was published by the IRS. The IRS is advising certain veterans who received disability severance payments after January 17, 1991, and included that payment as income that they should file Form 1040X, Amended U.S. Individual Income Tax Return, to claim a credit or refund of the overpayment attributable to the disability severance payment. [...]

Here’s What Americans Do With Their Tax Refunds

[youtube https://www.youtube.com/watch?v=AvomNWb2YsA]It’s finally springtime, and with it comes excitement and anticipation of warmer weather, longer days, and also tax refunds for many. Having a cash windfall is always a good thing, but the way we spend it isn’t always ideal. Here is a look at some smart ways to spend whatever amount you get back from [...]

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