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What Are the Penalties and Interest for Filing Taxes Late?

What Are the Penalties and Interest for Filing Taxes Late?

by ezTaxReturn Expert Staff | Sep 29, 2023 | Tax Tips & Planning

Reading Time: 3 minutesThe extended tax deadline is fast approaching. If you haven’t filed your taxes yet, there is still time. But what happens if you file taxes late?   If you earned less than $12,950 (for single filers) or $25,900 (for married couples filing...
Tax Prep Checklist:  What to Gather Before Filing

Tax Prep Checklist: What to Gather Before Filing

by ezTaxReturn Expert Staff | Sep 29, 2023 | Tax Tips & Planning

Reading Time: 2 minutesSo far, over 62 million people have self-prepared their taxes this year.  The key to filing your tax return online easily and stress-free is to use a tax prep checklist to gather the items you need before you file.  Being organized...
4 Reasons the IRS Can Seize Your Tax Refund

4 Reasons the IRS Can Seize Your Tax Refund

by ezTaxReturn Expert Staff | Sep 28, 2023 | Tax Tips & Planning

Reading Time: 2 minutesFinding out you have a tax refund heading your way can be extremely exciting.  This is your chance to finally catch up on bills, buy that item that’s been on your wish list or take a much-needed vacation.  But what happens when...
6 Things You Didn’t Know Were Tax Deductions

6 Things You Didn’t Know Were Tax Deductions

by ezTaxReturn Expert Staff | Sep 28, 2023 | Tax Tips & Planning

Reading Time: 3 minutesWant to avoid owing a large amount of money at tax time?  Make sure you take advantage of every tax deduction you can!  We know that the tax laws are confusing and it can be hard for the average person to know what tax breaks are out there. ...
How To Avoid Owing the IRS Next Year

How To Avoid Owing the IRS Next Year

by ezTaxReturn Expert Staff | Sep 28, 2023 | Tax Tips & Planning

Reading Time: 3 minutesMost taxpayers get a refund when they file their annual tax return, but that’s not true for everyone.  Some taxpayers  have a balance due to the IRS at tax time because they don’t have enough withheld from their paychecks, earned more...
5 Beneficial Tax Credits You Might Qualify For

5 Beneficial Tax Credits You Might Qualify For

by ezTaxReturn Expert Staff | Sep 28, 2023 | Tax Tips & Planning

Reading Time: 2 minutesTax credits reduce what you owe Uncle Sam and can put some hard-earned cash back in your wallet. There are two types of credits: refundable and nonrefundable. While both will decrease your debt, only refundable credits can get you a refund even...
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