TurboTaxhas always been one of the easiest options for filing taxes from the comfort of your home. WithTurboTax Free Edition, taxpayers can file simple federal and state tax returns at no cost. Known for its user-friendly interface, TurboTax offers comprehensive written guidance for users who may...
I have met some expats living full time in Colombia who do not file taxes in Colombia. This is even though they are likely required to file. Be aware that there are penalties, which can be quite stiff, for failing to file if you are required to, even if you don’t have to pay tax...
Taxes for bloggers should be handled as if you're running a small business. Here's my detailed guide on how to do taxes on blog income (and blog tax tips).
Some people think that paying taxes is enough to contribute to the society. Others argue that being a citizen involves more responsibilities. Discuss both these views and give your own opinion. Give reasons for your answer and include any relevant examples from your own knowledge or experience. ...
How Should I File my Taxes? Last year, 150,141,000 of the 162,037,000 returns, or 92.6%, of returns were e-filed (impressive). E-filing is the quickest, safest, and most reliable way to file. Where Should I E-file? There are manyfree or cheap ways to e-file. Below are a fe...
When it comes to trading, you also have to report it as a taxable event. Crypto taxes are regulated in 2014, by IRS, and they are treated mostly as capital assets, which are taxable assets when they are sold for a profit. For example, if you bought a Bitcoin when it was cheap, and...
Fly to Rio de Janeiro Now! 9. Watch out for hidden costs when booking cheap flight tickets Be aware that cheap flight tickets with budget airlines can be deceptive. Very often there can be hidden costs so check before you buy for air taxes, baggage fees, or seat selection. Airlines can ...
Once complete you will be able to e-file your federal return for free. In some cases you may also be able to file your state return for free or be charged a nominal fee. The IRS also has other programs set up that, if you qualify, will prepare and file your taxes for free. ...
Tax liensare similar to tax deeds, with some subtle differences. While tax deeds transfer ownership of the property itself to a new party, tax liens are a legal claim against the property when the taxes aren’t paid. Tax liens provide a relatively cheap investment for investors with a guaran...
With inflation rearing its head, income limits in all tax brackets will be adjusted in 2022, for taxes filed in 2023. There will be seven federal income tax rates, ranging from 10% to 37%, starting next year. The top marginal tax rate of 37% applies to those with taxable income hi...