Tax time is here and so are your W-2s or 1099s since most employers sent them out to arrive by the end of January. In fact, business taxes are due in many states in mid-March. So, it’s time to get started and get rolling, especially if you’re due a refund check. Please note that this article has been updated with each company’s 2022 products for the 2021 tax season.
Filing taxes is already stressful, but what if you hit “submit” and find out that someone has already filed a fraudulent tax return in your name? Chaos ensues, and you don’t know how this could’ve happened. These 5 tips could help save you from this headache.
Have you received the dreaded notice that you’re being audited by the Internal Revenue Service? Or worry that the big audit might strike you when you least expect it? If you get audited by the IRS, what happens? First, don’t panic. There are many reasons for an audit, and in 80% of all cases, this requirement only concerns a minor issue on your tax return. Still, we know it’s a stressful event, and we’re here to give you the information you need to get through the process as painlessly as possible.
If you’re self-employed and didn’t keep optimal records for your taxes last year, you’re not alone. In fact, a recent QuickBooks survey of self-employed professionals and small business owners found that only 15% of all respondents said that they deduct 100% of what’s allowed every year.
Everyone dreads tax time, which is why so many online providers are trying to make your filing as easy as possible. How does eSmart Tax stack up to the competition? With no software to download, free trials of any of their service options (you only pay if you submit your return), and over 2,500 office locations, eSmart has a lot to offer, but at what cost?
Shane Wilson was the Director of Experience Design at H&R Block from 2016-2019. His team works hard to create and innovate the DIY tax preparation industry’s customer experience. We got the chance to chat with Shane about his experience with one of the top online tax prep service companies. Go behind the scenes at H&R Block and learn how they’re helping business owners retain revenues.
In a crowded tax filing marketplace, how does H&R Block set itself apart from the pack? It offers a free online filing service (among other competitively priced products). Yes, you heard that right. It’s entirely free. But is saving a few bucks a wise choice when it comes to your taxes? What other affordable options does H&R Block offer and how do they stack up vs the competition? Find out in our comprehensive review.
Let’s face it. Nearly everyone dreads tax season. Does the popular TurboTax service make the process less painful? It’s loaded with features and an easy-to-use interface. Find out why TurboTax is one of the industry leading software solutions and how it ranks vs the competition in our best online tax software comparison. This software is updated for 2019. TurboTax offers several different online and downloadable/CD versions to fit everyone’s needs, from simple filers to big business, and the software is designed to make filing as easy as possible with a step-by-step approach to tax returns. We’ll give you a detailed description including key features and pricing for each edition to help you choose, but first we present our overall TurboTax review and tell you what’s new this year.
Legislation has been enacted in several states to tax the sale of affiliate products. The legislation, widely known as the Amazon Tax, or Affiliate Program Tax, or Sales and Use Tax, requires that an affiliate provider pay state sales tax on items sold by their affiliates, whether or not the directly operate in the state. Affiliate providers such as Amazon.com, instead of paying the sales tax, are terminating affiliate accounts in affected states, including those where the law is being considered. Read this article to find out how you can help prevent the law from going into effect in your state…