This question is a bit complicated. To answer it, you need to know what sort of taxes you’re paying. The amount of time it takes is different for each type of tax. For the average American filing the quick online form and claiming the standard deduction, filing taxes should be quick and easy. For others, … Read more
Do you know about capital improvement? If not, here I am to tell you everything about it. A lasting structure and other benefits added to a property are called capital improvement. You can say it as an expense because that is invested to gain some advantages. In the sense of personal and business. All capital … Read more
Taxes can be something that almost we all detest and want to get over it. But it is a time that we all have to face and file the taxes on time. It is only a matter of time that the process seems to be overwhelming. But it is not as hard as you might … Read more
We get asked this question a lot: Should I claim 0 or 1 on my W4 allowance? So let’s go through if it is better to claim 1 or 0 on your W4 tax form this year? Do I Claim 0 Or 1 Allowance On My W4? So should I claim 0 or 1 allowance? As … Read more
Stocks can be a fantastic investment. If you’re willing to risk the volatile market and play the stock game to make some extra money, you can do very well. Find the right stock, watch it soar, and you can make a killing as long as you don’t venture more than you can afford to lose … Read more
Taxes are complicated and filing them can get really confusing. What makes it worse is that sometimes there are boxes on the W2s that don’t really need to be used at all. When you’re doing taxes, the last thing you want is to spend forever figuring out the intricacies of tax codes. The IRS is … Read more
Until last year, doing my taxes was always a time-consuming, expensive, and annoying experience. I was filing my taxes by hand and mailing them via snail mail. Why was I putting myself through that hell? Well, because all the “free” online tax filing software wanted me to pay close to $20 to file my state … Read more
If you are not an employer, you can stop reading now. You don’t need to file a W-3 Form if you’re a wage or salary-earning employee (that’s a W-2 for work and a W-4 if you want to claim deductions). But if you have any kind of traditions employees (excluding contractors) then you’ll need to … Read more
The last day to file taxes in 2020 is April 15th, 2020. Tax day, the tax deadline, always falls on the 15th of April unless that day happens to be a Saturday, Sunday or legal holiday then it’s moved to the next business day. For example, in 2018, the tax deadline was April 17th thanks … Read more