tax tips

 

Whether you’re a rookie tax filer or a salty veteran, you can always learn more about this important topic. Our new tax tips and information center is the place to do it. We’ve written a series of informative, easy to read tax tips and articles on fundamental topics.

 

Tax Tips and Articles

 

File Your 2014 Taxes Late With No Penalty

 

Tax Day 2015, The Deadline for Filing Your Taxes

 

You Don’t Need to File a Tax Extension

 

What is a W-2?

 

What is eFile and How Do You eFile Your Taxes?

 

Key Facts about Unemployment Benefits

 

Can Someone Claim Me as a Dependent on Their Tax Return?

 

Can I Claim Someone as a Dependent on My Tax Return?

 

When Can I File My Taxes?

 

How Do You File Taxes?

 

Ultimate Guide to Student Taxes

 

Earned Income Credit (EIC) Explained

 

How Obamacare (ACA) Impacts Your Taxes

 

Is the 1040EZ Right For Me?

 

 

Key Dates and Deadlines

 

January 20, 2015 – IRS e-file goes live and begins processing returns.

 

February 2, 2015 – Deadline for several important tax documents to be mailed out:

  • Deadline for your employer to mail you your 2014 W-2
  • If you received unemployment income, this is the deadline for the state that paid you to mail you a 1099-G
  • Deadline for banks to supply you with a 1099-INT reporting bank account interest you made.  Note that banks are only required to issue a 1099-INT if you made at least $10 of interest during the year

 

April 15, 2015Tax Day. Most people believe this is the deadline to file your income taxes.  That’s close enough.  It’s actually a payment deadline rather than a filing deadline.  If you owe IRS additional taxes, you must file and pay them by this date to avoid fees and penalties.  If you’re getting a refund, this deadline doesn’t apply to you.  You can file for up to 3 years with no late fees or penalties.  But why be lazy and extend the interest free loan you’re giving Uncle Sam?

If you want to, you can file an extension.  But extensions are fool’s gold – you still have to pay at least 90% of taxes owed.

 

 

Other Helpful Resources

 

Where’s My Refund? (IRS.gov)

 

Common IRS e-File Reject Codes

 

CalFile (File Your California State Income Tax Return)

 

 

File Your Taxes Now 

 

 

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