Tools & Forms

 

The Latest

  • January 26, 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...

  • January 23, 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...

  • January 22, 2015

    When you are filing your 1040 tax return, right before you compute your final taxable income, you have the option to either claim...

  • January 20, 2015

    A tax credit is a dollar-for-dollar reduction in the amount of tax that you owe. For example, a $500 tax credit will save you $500 in taxes.

    On the other hand, a tax deduction merely reduces your...

  • January 19, 2015

    The table below shows the 2015 deadlines for filing 2014 tax returns, as well as deadlines for tax extensions. One important thing to note is that you can file your taxes anytime after the start of the...