by Naveed Lodhi | Apr 25, 2023 | Tax Tips & Planning
Few people truly enjoy filing taxes, and most people just want to get it over as quickly as possible. Even if you are expecting a refund, you would probably rather be doing anything else. Now that your taxes are nearing completion, you are itching to press the...
by Naveed Lodhi | Apr 25, 2023 | Tax Tips & Planning
If you tend to find it hard to get going unless there’s a deadline bearing down on you, the tax filing deadline that the IRS usually announces should light a fire under you to get your forms ready. The tax deadline even applies to back taxes owed. If you need to...
by Naveed Lodhi | Apr 22, 2023 | IRS & Government
WASHINGTON — The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2022-38 provides details about these annual adjustments....
by Naveed Lodhi | Apr 20, 2023 | Tax Tips & Planning
Scared you’ll overlook a form or miss a deduction? Mistakes happen! Did you forget something? Need to make a change? That’s why Amended Return Insurance is so critical. For just $9.95 we’ll let you correct your tax return if you notice a mistake after you’ve filed....
by Naveed Lodhi | Apr 16, 2023 | Tax Tips & Planning
Unemployment can be stressful enough without having to figure out the tax treatment of the unemployment benefits you receive. The IRS considers unemployment benefits taxable income. Unemployment compensation generally includes, among other forms, state unemployment...