Federal Tax Returns
September 30, 2015
This article gives you the tax rates and related numbers that you will need to prepare your 2015 income tax return. In general, 2015 individual tax returns are due by April 15, 2016.
September 28, 2015
The requirements to obtain an ITIN (Individual Taxpayer Identification Number) have been updated...
September 11, 2015
Health Savings Accounts (HSAs) are designed to help individuals offset the health care costs associated with High Deductible Health Plans (HDHPs).
An HSA is defined as “a tax-exempt trust or custodial account you set up with a qualified...
September 4, 2015
Millions of people enjoy having hobbies — whether it’s photography, antiquing, craft making, collecting coins, or breeding horses. It usually costs money to support a hobby, but in some cases, your hobby can also make you money.
September 2, 2015
The Alternative Minimum Tax (AMT) is basically an income tax system that runs parallel to the regular income tax. For taxpayers with higher incomes, be...
August 31, 2015
If you receive tips as part of your job, it’s important to realize that all tips are considered income and are subject to Federal income tax.
August 24, 2015
There are a variety of reasons why you may need to get in touch with the IRS. You may want to contact the IRS if you need to help with responding to an IRS notice, resolving a tax dispute,...
July 2, 2015
A tax lien is a claim against property that the government uses to protect its interests in tax debt. The IRS will place a lien against your property only after it has sent you a bill and you have not paid it. Being hit with a tax lien is a...
June 15, 2015
This is the IRS’ general tax calendar, which includes all the 2015 deadlines that most taxpayers will need to know.
NOTE: If you file your taxes based on the fiscal year (instead of the calendar year), some of these dates will be...