Filing Taxes After October 15

Filing Taxes In 2013 After October 15

If you were unable to pay your taxes earlier in the year, you might have been dreading the October 15th deadline for your deadline extension. Now that the 15th has come and gone, you might realize that you still have not filed – and that major problems may soon occur. Your first impulse should be to file as quickly as possible.

Luckily, even those who forget to file can still go through the process of filing taxes in 2013. Unfortunately, though, you will be without quite a few of the tools that you would normally use. Most of the web-based providers like TurboTax or TaxAct have shut down for the year as they prepare to transition from taxes 2013 to taxes 2014. E-filing has also been suspended in preparation for the 2014 tax season, meaning that you will not only have … Read the rest

Tax Made Easy – 7 Usefull Tips For Business

For many businesses, especially small businesses, taxes can be quite a handful. Moreover, it’s not just paying taxes, it’s knowing what can be taxed and/or deducted. So, we made a list of things every business should know about taxes, along with various tips for your business tax. This will help make our tax life a lot easier.

Make sure you keep Track of Everything

While we realize this may seem like one of the most obvious tips for your business tax, many businesses forget to keep track of everything. Every expense, purchase, deduction, refund and even car mileage –  keep track of them all. This helps you file accurate taxes. Remember, an inaccurate tax filing can lead to legal problems.

Separate your Expenses

One of the most important tips for your business tax is to always set apart your business expenses from your personal ones. Your personal expenses are not … Read the rest

Top Five Reasons To Adjust Your Withholding

Your withholding is the amount of money you have taken out of each paycheck to apply toward income taxes.  When your taxes are filed at the end of the year, any amount that the Internal Revenue Service withheld is credited toward your tax bill.  I, like many others, am unable to afford my own certified public accountant, and just hope that  the amount withdrawn from my income will match up to the total taxes I owe.  Usually that isn’t the case, but luckily, up until this point, I’ve only overpaid and earned a refund back from the IRS.  Those who underpay end up getting a stiff bill, and may end up having to pay penalties as well.

According to the IRS, the average individual tax refund in 2012 was $2700.  That calculates out to an average individual overpayment to the IRS of $225 per month.  I have learned through a … Read the rest

Tax Return Extensions Made Easy

Tax Return Extensions Made Easy

Most people these days have such busy schedules and isn’t it a hassle to personally file our tax returns? We agree that there are better things to fill your day than filing taxes, but yet it is necessary that we do so.

TurboTax Amazon

Turbotax 2013 can help you dedicate your time to more important things. If you are not able to file your tax return before a certain time, then software dedicated to filingtax return extension could be just what you need.

With a few easy steps you could be on your way doing things aside from filling in complicated and time-consumingtax extensions forms. Out of sight and out of mind.

By using Turbotax2013 and its easy extension service you will be able to file you federal extension right from the comfort of your home. No need to personally go to the tax office.

If … Read the rest

TurboTax Raises Millions For The Military

TurboTax Raises Millions For The Military

This year Intuit, the parent company of TurboTax, raised two million dollars through its Mission 2 Match fundraiser. With this program, TurboTax offered people the opportunity to pledge money for Operation Homefront, an organization that provides emergency financial help and other support to military families.

As of April 15, 2013, individual donations amounted to over one million dollars, which Intuit has matched, resulting in a two million dollar gift to Operation Homefront.  This amount is still rising, however, since the Mission 2 Match fundraising continues. Currently donations can still be made at , so the final total may be much greater than the current balance.

This effort to support US troops has resulted in donations of money, food, home repairs, household items, baby supplies, and transitional housing to families of American military members, relieving some of the pressure on US patriots serving … Read the rest

Estimate Your Tax Refund With The Free TurboTax Taxcaster

Estimate Your Tax Refund With The Free TurboTax Taxcaster

Tax time is drawing near and like most other Americans, you need to file and prepare your taxes to avoid penalties and late fees from the Internal Revenue Service. Fortunately, there are free tax preparation tools and software programs that can help you get the job done easily, correctly and quickly. Free TurboTax 2013 is a terrific tool you can use to prepare and file your taxes, but since there are several versions available you might be confused about which one is best for your tax situation. The tax professionals at TurboTax have designed a new product that can help you determine which software program is right for you and as an added bonus, it is completely free and very simple to use.

To determine which tax preparation software from TurboTax is right for you, all you have to do … Read the rest