According to the IRS, 28% of taxpayers wait until the last couple of weeks to file their taxes, but just why do taxpayers wait. Whether you scrambled to the tax (deadline) finish line or filed an extension, here is our infographic showing the who, what, and why of late tax filing.
Running and earning income from a blog takes work and keeping documents on the related expenses can help you come tax time. The good news to keeping good records is that you can deduct your qualifying business expenses from blogging. Find out more.
A K-1 is a tax form distributed by many partnerships, S-Corps, estates, and trusts. If you are a general or limited partner of a partnership, a shareholder in an S-Corp, or the beneficiary of an estate or trust, you’re likely to receive a K-1. Find out more here.
Whether we’re talking about the Super Bowl, Fantasy Football, or March Madness, we all may have to pay “sin” tax. Check out our infographic showing how much revenue is generated from March Madness and Sin Tax.