Still haven’t filed your taxes? No problem. You have until April 18th, 2011 to get them prepared and filed. Want to avoid the last-minute long lines at the post office this year? Why not give e-filing a try?
Did you get too big of a tax refund this year (yes, it’s possible to get too much back)? Or, did you end up owing too much money when you filed? That’s never fun. Learn more about how to adjust your W-4 tax withholding using TurboTax.
You filed your taxes and discovered that a big refund is headed your way. That’s great! Now you’re wondering when it will arrive. The sooner it gets here, the sooner you’ll be able to spend it, save it, or whatever it is you want to do with it. So how do you find out when your tax refund is expected to arrive?
Once you prepare your taxes and see that you will be receiving a refund, it’s smart to want to get that money as soon as you can. Therefore, a common question during this initial phase of the tax season is “when will I get my refund?”
Did you become a first-time homeowner in 2010? If so, congratulations! I hope you are enjoying the comforts and satisfaction of owning your own place. You may know that by owning your home, you’ll also get some very favorable tax write-offs that can significantly increase your refund. So while filing your taxes will be a bit different this year, you’ll probably get a more favorable result. Here are some of the things you’ll need to consider.
The holidays are a time to give and receive. If you are lucky enough to be receiving a nice company bonus this year, let me be the first to congratulate you. Your hard work has paid off. But since you were awarded a bonus, there are a few things you should know with regard to your taxes.
In the U.S., we have decided, through the laws created by our elected officials, that individual taxable income should be taxed at progressive rates. In other words, the more taxable income you have, the bigger percentage of that income you have to pay in taxes.
What are income taxes? An income tax is simply a tax levied on the income of businesses and individuals. Here in the U.S., our federal government uses the income tax to help run defense, entitlement programs, and other services.
Congratulations on starting your new business. As a new business owner, taxes are probably the last thing on your mind. But since there’s no getting around them, here is some basic information about the forms you’ll need to file as a new business owner.