[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=8IaHBic7Rv8]If you qualify for a Health Savings Account but are undecided as to whether or not you should open one, here are some points to help you decide: Immediate Tax Savings - Contributions to your HSA qualify as a tax deduction. That is, they reduce your taxable income for that year dollar for dollar as [...]
The following article was published by the IRS. Taxpayers can visit IRS.gov for quick access to helpful tax information and tools that can help them with their taxes. Here are some things taxpayers can do when they visit IRS.gov: •Find Out How to File Tax Returns Electronically. IRS e-file, is the easiest, safest and most popular [...]
[youtube https://www.youtube.com/watch?v=QNhweudHEWw]We are coming down to the wire – Tax Day is now just a day away. While most people have already filed their taxes, others are only just now ready to file. Still, there are those who will need to file an extension. The reasons for filing an extension are many, but are often due [...]
The following article was published by the IRS. The tax filing deadline is Tuesday, April 17 this year. This is because April 15 falls on a weekend and the following Monday is a holiday in the District of Columbia. Even with an extra two days, the IRS urges taxpayers to avoid waiting until the last minute [...]