Tax seasonis in now in full swing and millions of Americans are scrambling to file their taxes before the Apr. 18 deadline. An estimated one-third of Americans wait until the last-minute to do their taxes according to a recent study byIPX 1031: 32% procrastinate because they don't think...
Why wait until the last minute to file your taxes in 2023? The IRS is now accepting returns, and if you use the right tax filing service, you can get your tax refund in hand as soon as today. Both TurboTax and H&R Block are offering interest-free refund advances to their customers....
How to e-file your taxes in 2022 When it comes to e-filing, also known as online filing, there seem to be as many options to get the job done as there are forms to fill out. Which online filing option is right for you may depend on your income, your budget, the complexity of yo...
Also, a key disclaimer –an extension of time to file is not an extension of time to pay. Any taxes due are still due on the normal filing deadline date. If you don’t pay by the deadline, you could owe interest and possibly a penalty on taxes owed. How to File a Tax Extension ...
the better it is for retaining employees and even attracting new employees," Marks pointed out. "I'd rather give that money to my employees than give it to the government because it's a tax deduction, and you have until when you file your taxes this year to make that match for 2022....
There are numerous ways tofile your taxesfor free, however, especially if you meet certain income requirements or have asimple tax return. Some programs are sponsored by the IRS, while others are provided bytop tax software companies.
The IRS offers a series of directions on its website to help US citizens figure out their taxes. Here’s a rundown of what’s available and where you can find it.
If you expect to owe up to $1,000 in taxes when you file your return, you have to payestimated taxes. You can either make all your estimated tax payments as an independent contractor (personal income + self-employment) on April 18 or pay in four equal installments on: ...
Now, let’s calculate your actual taxes. Forfreelancers, your taxes will look like this: Self-employment taxes = Social Security tax + Medicare tax We’ll dive into exactly what each part of this equation means shortly. But if you want to skip the explanation and get a straight-up estimat...
Many American taxpayers wait until the April 15 (April 18 in 2023) deadline to complete and file their taxes. However, if procrastination stresses you out—or if you're expecting a refund and you want it as soon as possible—you can file your 2022 return as early as Jan. 23, 2023.1 ...