by Naveed Lodhi | Dec 30, 2022 | Tax Tips & Planning
It’s almost time to start doing your taxes. To ensure things go smoothly, there are some important steps you need to take before you file. Gather your receipts and tax documents You can expect your W2s, most 1099s and 1098 forms to arrive by January 31st. If...
by Naveed Lodhi | Aug 31, 2022 | Tax Tips & Planning
Realizing that you made a mistake on your taxes after you’ve already filed is a scary feeling. Here you were just trying to save money by doing it yourself and now you have a big mess on your hands. Don’t worry, most tax mistakes can be easily corrected by filing an...
by Naveed Lodhi | Aug 31, 2022 | Tax Tips & Planning
Source: Illinois Department of Revenue File your taxes fast and ez in 30 minutes or less.
by Naveed Lodhi | May 24, 2022 | Tax Tips & Planning
Getting your first summer job is a rite of passage for many teenagers. It’s your chance to build your resume, get a taste of independence and most importantly, make your own money. But don’t be surprised if your hourly wage doesn’t match your take home pay. Most...
by Naveed Lodhi | Apr 28, 2022 | Tax Tips & Planning
The deadline for filing your federal return was April 18th. You may face penalties and interest if you file late and owe the IRS. Although falling behind on your taxes can be stressful, it’s not the end of the world. Here’s what to do if you’re filing...
by Naveed Lodhi | Jan 28, 2022 | Tax Tips & Planning
As if tax time isn’t difficult enough, the IRS is warning taxpayers that this season will be especially frustrating. IRS Commissioner Chuck Rettig says, “In many areas, we are unable to deliver the amount of service and enforcement that our taxpayers and tax system...