We all know that sinking feeling when April 15th gets closer, but your tax documents are still a scattered mess. Yet, requesting an extension is super easy and gives you more time to get your tax report together. Let me walk you through everything you need to know about getting a tax filing extension. Who…
Owing money to the IRS is very unpleasant. The notices keep coming, the penalties and interest accumulate, and you’re concerned the IRS will take your paycheck or empty your bank account. You want this tax debt burden removed as soon as possible. A personal loan seems like the type of solution that could take care…
Filing taxes is inevitable if you work or run a business in the US. Fortunately, you may qualify to file your federal taxes for free through a program called IRS Free File. Though it has some limitations on eligibility and output sophistication, free tax filing options create financial and mental relief for taxpayers lacking disposable…
Tax season is prime time for identity thieves. Tax ID theft happens when someone steals your personal info to file bogus returns and claim refunds. This crime is booming, so you need to guard your data. This post explains what tax ID theft is and how to outsmart scammers. Follow these tips to keep your…
Working as a freelancer offers the flexibility to dictate your schedule, select clients, and operate on your terms. However, such autonomy also entails considerable responsibility, particularly concerning tax filing. As an independent contractor, ensuring accurate income reporting and timely tax payments falls squarely on your shoulders. Navigating the labyrinth of forms and regulations can be…
