Your small business taxes are based on the type and structure of your business. If you recently started a small business, you might be wondering which forms you need to file and what your tax obligations are as a business owner. Check out this small busi
If you don’t meet all of these conditions, you may need to file a tax return. Even if you do meet all of these conditions, you may want to file a tax return anyway. If you have federal taxes withheld from your income, you can only receive a tax refund when too much is withheld....
Discover how to file a tax return without a headache. Learn how to file a tax return correctly and simplify the income tax filing process.
Direct Fileis a free IRS program for filing a federal tax return online. For tax year 2024 (filing in 2025), Direct File is open to eligible taxpayers in 25 states: Alaska, Arizona, California, Connecticut, Florida, Idaho, Illinois, Kansas, Maine, Maryland, Massachusetts, Nevada, New Hampsh...
The tax year always corresponds with the calendar year, from January 1st to December 31st. Your federal income taxes are due by April 15th every year, but you can request an extension which will give you until August 15th to file them. ...
If you’re self-employed, you'll need to file taxes throughout the year, typically via quarterly payments. The self-employment tax is 15.3%, a combination of Social Security and Medicare taxes. There are other taxes you might have to pay, such as federal, state and local. ...
Determine how you will file your taxes Now that you are ready to file your taxes online, you must determine how to complete the online filing process. There are a few different ways to file your provincial and federal taxes with the CRA. (You may have to follow additional instructions for...
FDIC insurance.You may come across these four letters when opening a savings account online, but what do they really mean? Translation: The Federal Deposit Insurance Corporation (FDIC), a government agency, will insure depositors up to $250,000 per depositor, per insured bank, per ownership cat...
Growing older qualifies you for a variety of tax perks that aren't available to younger workers. Rachel HartmanFeb. 21, 2025 Trump Could Reshape Retirement There’s a lot happening in the federal government, and American retirees could see changes in their budgets and benefits as a result. Ma...
Do you need to file both a federal and state tax return?If you amend your federal income tax return, you'll likely also need to file an amended tax return with your state. Each state has its own form to amend a tax return. TurboTax will select the right ...