Blogs

TIPS FOR CHOOSING A TAX PREPARER <h1><strong><a href=”https://tax-turbo.com/”>TIPS FOR CHOOSING A TAX PREPARER</a></strong></h1>  It’s tax time. A majority of taxpayers hire someone to help them prepare …

Taxpayers Beware: Tax Season Is Prime Time For Phone Scams <h1><a href=”https://tax-turbo.com/”>Taxpayers Beware: Tax Season Is Prime Time For Phone Scams</a></h1>With the new tax season …

Why Taxpayers Should Have Their Tax Refund Direct Deposited <h1><a href=”https://tax-turbo.com/”>Why Taxpayers Should Have Their Tax Refund Direct Deposited</a></h1>  As the 2022 filing season begins, the …

How A Taxpayer’s Filing Status Affects Their Tax Return <h1><a href=”https://tax-turbo.com/”>How A Taxpayer’s Filing Status Affects Their Tax Return</a></h1>  A taxpayer’s filing status tells the …

An Overview Of The Credit For Other Dependents <h1 style=”margin: 0in 0in 0.0001pt; line-height: 42pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; …

Common Tax Return Mistakes That Can Cost Taxpayers <h1><strong><a href=”https://tax-turbo.com/”>Common Tax Return Mistakes That Can Cost Taxpayers</a></strong></h1>  Tax laws are complicated but the most common …

How Small Business Owners Can Deduct Their Home Office From Their Taxes <h1><strong>How Small Business Owners Can Deduct Their Home Office From Their Taxes</strong></h1>    …

Understanding The Adoption Tax Credit <h1><strong>Understanding The Adoption Tax Credit</strong></h1>  Taxpayers who adopted or started the adoption process in 2021 may qualify for the adoption …

Here Are Reasons People Who Don’t Normally File Should File A 2021 Tax Return <h1>Here Are Reasons People Who Don’t Normally File Should File A …

Taxpayers Must Report Gig Economy Earnings When Filing Taxes <h1>Taxpayers Must Report Gig Economy Earnings When Filing Taxes</h1>  Whether it’s a full-time job or just …

It’s Important For Taxpayers To Know The Difference Between Standard And Itemized Deductions <h1>It’s Important For Taxpayers To Know The Difference Between Standard And Itemized …

Mark The Calendar: Important Backup Withholding Deadlines <h2><strong>Mark The Calendar: Important Backup Withholding Deadlines</strong></h2>Some businesses and other payers take backup withholding from payments they made …

Tax Filing Step 1: Gather All Year-End Income Documents <h1><strong>Tax Filing Step 1: Gather All Year-End Income Documents</strong></h1>  As taxpayers are getting ready to file …

Taxpayers Can Visit IRS.gov Anytime For Answers To Tax Questions <h1><strong>Taxpayers Can Visit IRS.gov Anytime For Answers To Tax Questions</strong></h1>  As people get ready to file their …

IRS Sending Information Letters To Recipients Of Advance Child Tax Credit Payments And Third Economic Impact Payments <h1><strong>IRS Sending Information Letters To Recipients Of Advance …

Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible for tax credits and deductions.https://tax-turbo.com/Here’s an overview of …

You may be able to deduct the cost of work-related education expenses paid during the year if you’re a: https://tax-turbo.com/ Self-employed individual, Qualified performing artist …

IRS Issues Standard Mileage Rates For 2022  https://tax-turbo.com/   WASHINGTON — The Internal Revenue Service today issued the 2022 optional standard mileage rates used to …

Tax law changes in the Tax Cuts and Jobs Act affect almost everyone who itemized deductions on tax returns they filed in previous years… One …

Filing Your Taxes Early Can Help Protect Against Fraud. What To Prepare Now <img width=”740″ height=”416″ src=”https://tax-turbo.com/wp-content/uploads/2022/01/106617562-1594830305790gettyimages-1197483793.jpeg&#8221; alt=”” loading=”lazy” srcset=”https://i0.wp.com/tax-turbo.com/wp-content/uploads/2022/01/106617562-1594830305790gettyimages-1197483793.jpeg?w=740&ssl=1 740w, https://i0.wp.com/tax-turbo.com/wp-content/uploads/2022/01/106617562-1594830305790gettyimages-1197483793.jpeg?resize=300%2C169&ssl=1 300w, https://i0.wp.com/tax-turbo.com/wp-content/uploads/2022/01/106617562-1594830305790gettyimages-1197483793.jpeg?resize=600%2C337&ssl=1 600w” …

Beginning on January 1, 2022, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: https://tax-turbo.com/ 58.5 …

An Education Credit Helps With The Cost Of Higher Education By Reducing The Amount Of Tax Owed On Your Tax Return <h2><strong>An education credit helps …

Tax-Loss Harvesting <h2><strong>Tax-Loss Harvesting</strong></h2>What Is Tax-Loss Harvesting? Tax-loss harvesting is the selling of securities at a loss to offset a capital gains tax liability. This strategy is typically employed …

Do You Own An Electric Vehicle? <h2><strong>Do You Own An Electric Vehicle?</strong><br /><a href=”https://tax-turbo.com/”>https://tax-turbo.com/</a><br />You may be eligible for a credit under Section 30D(a), if …

The Taxpayer Bill Of Rights: Protection For All Taxpayers <h2><strong>The Taxpayer Bill Of Rights: Protection For All Taxpayers</strong></h2>  Two key elements of the IRS mission …

Farmers And Ranchers Affected By Drought Have Additional Time To Replace Livestock <h1><strong>Farmers And Ranchers Affected By Drought Have Additional Time To Replace Livestock</strong></h1>  Farmers …

Small Business Advertising And Marketing Costs May Be Tax Deductible <h1><strong>Small Business Advertising And Marketing Costs May Be Tax Deductible</strong></h1>  The tax law allows businesses …

The Tax Responsibilities That Come With Shutting Down A Business <h1><strong>The Tax Responsibilities That Come With Shutting Down A Business</strong></h1>  There are many reasons a …

IRS Issues Alert On Improper Corporate Domestic Production Activities Deduction Refund Claims <h1><strong>IRS Issues Alert On Improper Corporate Domestic Production Activities Deduction Refund Claims</strong></h1>  WASHINGTON …

IRS Releases Reporting Guidance For Partnership Interests Held In Connection With The Performance Of Services <h1><strong>IRS Releases Reporting Guidance For Partnership Interests Held In Connection …

IRS Help For Employers Wanting To Rehire Retirees Or Keep Them After Retirement Age <h2><strong>IRS Help For Employers Wanting To Rehire Retirees Or Keep Them …

Publications Help Taxpayers Get Ready And Stay Ready For Tax Filing Season <h2><strong>Publications Help Taxpayers Get Ready And Stay Ready For Tax Filing Season</strong></h2>  With …

Tips To Help Taxpayers Choose A Reputable Tax Return Preparer <h1><strong>Tips To Help Taxpayers Choose A Reputable Tax Return Preparer</strong></h1>  As taxpayers get ready to file their …

Tax Professionals Should Review Data Safeguards <h1><strong>Tax Professionals Should Review Data Safeguards</strong></h1>  With the tax filing season around the corner, the IRS and its Security Summit partners …

Small Security Measures That Make A Big Difference When It Comes To Online Safety <h1>Small Security Measures That Make A Big Difference When It Comes …

Tips To Help Taxpayers Decide How And When To File An Amended Tax Return <h2><strong>Tips To Help Taxpayers Decide How And When To File An …

Get Ready For Taxes: Here’s What’s New And What To Consider When Filing In 2022 <h2><strong>Get Ready For Taxes: Here’s What’s New And What To …

Tax Benefits Of Making A Business Accessible To Workers And Customers With Disabilities <h2><strong>Tax Benefits Of Making A Business Accessible To Workers And Customers With …

Security Tip For Tax Pros: Remember To Safeguard EFINs <h1><strong>Security Tip For Tax Pros: Remember To Safeguard EFINs</strong></h1>  Tax professionals are prime targets for criminals. …

New Online Identity Verification Process For Accessing IRS Self-Help Tools <h2><strong>New Online Identity Verification Process For Accessing IRS Self-Help Tools</strong></h2>  The IRS recently launched an …