Tax season has arrived. Here’s what you should know for a smooth filing experience.
Tax Season Insights NEW YORK — The tax season has officially started, with the deadline for filing your return set for April 15th. To ease the stress of upcoming deadlines, it’s wise to start preparing early. “You don’t have to rush to the last minute, but it’s also not necessary to procrastinate,” advises Tom Oseven, […]
Tax season has arrived. Here’s what you should know for a smooth filing process.
Key Tax Tips to Consider Miguel Burgos, a CPA and TurboTax expert, highlights a few key benefits this year. These include tax-free tips, tax-free overtime pay, a deduction for auto loan interest, and deductions for individuals aged 65 or older as of December 31. Last year, taxpayers received an average refund of $3,167, and this […]
Guidance for easy tax filing and pitfalls to steer clear of
Tax season is here, and it’s crucial to file your return by April 15th. To sidestep the last-minute rush and stress, try to get organized as soon as you can. “There’s no need to wait until the deadline, but you shouldn’t feel rushed either,” advises Tom Oseven, who directs tax content and government relations for […]
Real estate investors are spending significant amounts on cost segregation studies, a tax approach that boosts cash flow. Here’s how they function and who stands to gain.
Tax Benefits of Rental Property Ownership Investing in rental properties offers several tax advantages. If done right, these savings can play a pivotal role in expanding an investor’s real estate portfolio. Take Jill Green, for instance. She’s a full-time physician who invests in real estate with her husband. They’ve managed to acquire around one property […]
Many states do not tax Social Security, but a few still do. Here’s a list.
February 15, 2026, 8:01 a.m. ET Social Security benefits can significantly impact the financial situations of many Americans. Yet, there’s a catch. While these funds may help alleviate some financial burdens this year, they could inadvertently push household incomes into ranges that trigger tax obligations. The federal government imposes taxes on Social Security income for […]
Tax season has arrived. Here’s what you should know for a smooth filing experience.
Tax Season Insights Tax season has officially started, and the deadline for filing your return with the IRS is April 15th. If you want to sidestep the last-minute panic, it’s wise to start getting your paperwork in order sooner rather than later. “You don’t have to wait until the last minute, but there’s no need […]
New York warns against not handling your own tax returns
New York Tax Department Urges Residents to Know Their Rights The New York State Department of Taxation and Finance is reminding residents to understand their rights as the April 15, 2026 tax filing deadline approaches. Officials are highlighting the Consumer Bill of Rights for Taxpayers, aimed at safeguarding individuals from dishonest tax preparers who might […]
Three tax errors that might lead to a business audit, along with tips to prevent them
Tax season is just around the corner. While I’m sure you wouldn’t purposely misstep with the IRS, it’s a good time to be cautious about your tax filing to avoid errors. For new business owners, navigating the tax landscape can be quite challenging. One small mistake could lead to an incorrect tax bill or even […]
Living alone costs Americans an additional $10,470 each year due to the ‘singles tax’
Analysis Reveals “Single Tax” Burden for Americans Living Alone A recent analysis indicates that Americans who live alone are facing a significant financial burden, often referred to as a “single tax,” as rental prices increase nationwide. Data from Zillow reveals that the average cost of renting an apartment has surged to $1,745, marking a 30% […]
IRS pushes Louisiana tax filing deadline to March 31 following severe winter ice storms
Tax Relief Announced in Louisiana NEW ORLEANS – The IRS has rolled out tax relief for both individuals and businesses in Louisiana impacted by the severe winter ice storm that started on January 22. Thanks to this announcement, those affected now have until March 31 to file and pay various federal personal and corporate tax […]