Federal Tax Returns

The Latest

  • March 26, 2015

    One of the most valuable and popular Federal tax credits is the Child Tax Credit.

    The Child Tax Credit is a non-refundable credit...

  • March 25, 2015

    Are you wondering if you need to file a tax return? While most people who earn an income must file a Federal income tax return, that is not true for everyone.

    Depending on your...

  • March 24, 2015

    Nearly everyone knows that April 15 is the deadline for submitting tax returns in the United States. Although some entities may need to file before that date – including businesses, which must generally file by March 15 – most individuals need to...

  • March 23, 2015

    Form 1099-MISC is an information return used to report certain miscellaneous income/payments to the IRS. If you are an independent contractor, or you hire an independent contractor, you...

  • March 20, 2015

    Are you using the correct tax form when you file your return this year? Remember that filing electronically is the easiest way to submit a complete and accurate tax return. E-file software guides you through your tax preparation by asking...

  • March 19, 2015

    If you have been looking for work this past year, you might be in luck come tax time. Certain job hunting expenses are eligible for a tax deduction. You can deduct these expenses whether or not you...

  • March 18, 2015

    Although the IRS only audits about 1.1% of the over 140 million returns it receives each year, for those people who do receive an audit notice it can be a stressful experience.

    If your income is under $200,000, your chances of a tax audit...

  • March 16, 2015

    The IRS allows both individuals and businesses to file for a tax extension, which gives you more time to file your income tax return. However, the rules and due dates for business tax...

  • March 12, 2015

    The e-file process allows taxpayers to submit their taxes electronically by connecting to the Internal Revenue Service’s (IRS) Electronic Filing System. E-filing can be done from a computer (as well as modern smartphones and tablets) using a tax...

  • March 11, 2015

    Below are the tax rates and related numbers that you will need to prepare your 2014 income tax return, which is due by April 15, 2015.

    2014 Income Tax Brackets

    There are 7 tax brackets for the Federal income tax: 10%, 15%, 25%, 28%, 33%,...