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Taxpayers Abroad, in Combat Zones and Disaster Areas Qualify for Automatic Tax Extension

By |2017-04-14T11:52:04+00:00April 14th, 2017|Individual Income Tax, News Articles, Tax Payments|

Source: IRS.gov WASHINGTON — Even though April 18 is the tax-filing deadline for most people, some taxpayers in special situations qualify for more time without having to ask for it, according to the Internal Revenue Service. Taxpayers in Presidentially-declared disaster areas, members of the military serving in a combat zone [...]

Top Ten Adoption Tax Credit Facts to Consider

By |2017-03-25T14:06:03+00:00March 25th, 2017|Individual Income Tax, Parents and Children|

source: IRS.gov Taxpayers who have adopted or tried to adopt a child in 2016 may qualify for a tax credit. Here are ten important things about the adoption credit: The Credit. The credit is nonrefundable, which may reduce taxes owed to zero. If the credit exceeds the tax owed, there [...]

2017 Tax Filing Season Begins Jan. 23 for Nation’s Taxpayers, Tax Returns due April 18

By |2016-12-09T16:57:44+00:00December 9th, 2016|Affordable Care / ObamaCare, Corporate Income Tax, Earned Income Tax Credit, Individual Income Tax|

Source: IRS.gov WASHINGTON ― The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 23, 2017 and reminded taxpayers claiming certain tax credits to expect a longer wait for refunds.   The IRS will begin accepting electronic tax returns that day, with more than 153 [...]