Income Taxes

The Latest

February 9, 2016

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 some modern smartphones and tablets) using...

February 3, 2016

Generally, taxpayers are allowed to claim exemptions on their tax returns that reduce their amount of taxable income. There are two main types of exemptions: personal exemptions and exemptions...

February 2, 2016

There are many benefits to filing your taxes online.

>> Start Your FREE E-file

Once you are familiar with the advantages of electronic filing, there is a good chance that you...

January 29, 2016

The Earned Income Tax Credit (EITC or EIC), which has been around since 1975, essentially provides a subsidy for low-income working families. To claim this tax credit, you must meet certain eligibility...

January 27, 2016

The 1040 series of federal income tax forms are the starting point for personal federal income tax returns. There are three different versions of these federal income tax forms: the original 1040, the...

January 25, 2016

Taxes are kind of strange all on their own. We pay all this money and get almost nothing in return – except roads full of potholes, an embarassing public school system, and an annual April stress test.

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January 19, 2016

The 2016 tax season has officially begun today, January 19, as the IRS is now accepting e-filed tax returns. It’s common for taxpayers to keep putting off their taxes until the last minute, but why wait? The faster you file, the faster you can...

January 19, 2016

The Internal Revenue Service (IRS) and the Treasury Inspector General for Tax Administration (TIGTA) say that a number of individuals have received unsolicited phone calls from people claiming to be the IRS and demanding immediate payment of...