What to Do If You Miss the Tax Deadline If you realize that you have miss the tax filing deadline, the most important thing to do is to file your return as soon as possible. Even if you cannot afford to pay the full amount of tax due, filing on time (or as soon as you can) ...
While I was lying on the icy, snow covered walkway of his home, he called 911. In the meantime, his mother came out and wanted him to lift me up and take me inside the home. She worried that lying on a sheet of snow would worsen my pain and/or injury. I told her and her son...
How to Maximize My Tax Return and Lower the Taxes I Owe Two ways of reducing your taxes are tax credits and tax deductions. When it comes to managing your taxes, it’s important to understand the distinction between tax credits and tax deductions. Tax credits directly reduce your tax bill,...
For example, consider the impact of the Tax Cuts and Jobs Act (TCJA) expirations in 2025. The Tax Foundation emphasizes that policymakers will be navigating the expirations of certain provisions of the TCJA in 2025. A Tax Foundation calculator can help you understand how these expirations migh...