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Tax Planning

4 Tips on How to Save Money on Gas

May 19, 2014 July 12, 2019 / Jim Wang

Regardless of what the government does to the gas tax, we can all agree that it seems like gas prices don’t ever seem to go down! So if your budget is feeling pinched because of how much you’re spending on fuel, here are a few tips on how to save on gas.

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Tax Planning

National Chocolate Chip Day – a Tax-Free Solution for Your Sweet Tooth

May 15, 2014 September 7, 2017 / TurboTaxBlogTeam

Today is National Chocolate Chip Day, yum! Not only do homemade cookies taste the best (nothing beats a cookie fresh out of the oven), but flour is tax-free, so you can indulge your sweet tooth and save.

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Tax Planning

Why You Should Review Your Federal and State Tax Withholding

April 25, 2014 July 10, 2019 / Elle Martinez

With tax season over, now is a good time if you haven’t already, to review and make sure your federal and state withholding information are up to date for your job.

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Tax Planning

Now That I’ve Filed, What Should I Do With my Records?

April 24, 2014 July 19, 2019

Now that tax season is over and you’ve successfully filed your tax return, you might be tempted to begin tossing your tax papers away. Not so fast. Here are some guidelines for what paperwork you should keep and for how long.

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Tax Planning

4 Spring Cleaning Tips to Help You File Your Taxes Next Year

April 23, 2014 July 18, 2019

As you begin your annual spring cleaning ritual, consider going beyond weeding the yard and moving furniture in search of dust-mite filled corners; this year, clean up your financial and tax affairs.

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Tax Planning

4 Tips if You Missed the Tax Filing Deadline?

April 16, 2014 June 30, 2014 / Jim Wang

There are a million reasons why taxpayers miss the deadline so if you’re one of them, don’t beat yourself up about it. Unfortunately, this is a problem that doesn’t go away on its own unless you file. Before it gets any later, you need to consider your options — and fix the situation.

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Tax Planning

5 Tips if You Can’t Pay Your Tax Bill

April 15, 2014 July 11, 2019

Every year, taxpayers find themselves in a situation where they simply can’t pay the amount they owe on April 15. If that happens to you, consider each of the following tips to make sure you don’t accidentally put yourself in an even worse position.

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Tax Planning

What are the Tax Penalties if You Can’t Pay Your Tax Bill?

April 15, 2014 April 18, 2016 / Ginita Wall, CPA, CFP®

Don’t think you can escape penalties by not filing. If you don’t file, you’ll owe a 5% per month penalty for not filing. For any month that the failure-to-file penalty and the failure-to-pay penalty both apply, the 5% failure-to-file penalty is reduced by the failure-to-pay penalty.

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Tax Planning

8 Last Minute Tax Tips to Help You Make the Tax Deadline

April 14, 2014 / TurboTaxLisa

The tax deadline is just a day away, but you still have time to go online and file your taxes. The IRS reports that more than half of taxpayers have already filed their returns and more taxpayers filed from their home computers this year, up 6% from last year. If you’re in the 20 to 25% who waited until the last minute to prepare your taxes, here are some steps to help you file your taxes by the tax deadline and get a bigger tax refund.

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Tax Planning

Tax Procrastination Personality Quiz: Which One Are You?

April 7, 2014 July 11, 2019

Haven’t filed your taxes yet? Well, you’re not alone! About 1 in 4 taxpayers wait until the last minute to file their taxes and with just 1 week left until the taxes are due, here are some tips to get...

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The IRS filing deadline has been extended to July 15, 2020, for all taxpayers. See more tax updates related to COVID-19 here.

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