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Are you still doing your taxes on paper? If so, join the 152 million taxpayers who e-filed in 2020. They already know that IRS e-file is the best way to file a federal tax return. Here are five great reasons why you should e-file your tax return: Accurate and complete.  E-file is...

Anyone can become a victim of tax identity theft.  This occurs when someone uses your social security number to file a fraudulent tax return and claim your refund.  You may not even know there’s an issue until you file your return and learn from the IRS or your state that a return...

Filing your taxes doesn’t have to be painful. Getting organized beforehand can make the process faster and less frustrating.  Plus, it can help you take advantage of every legal credit and deduction to which you're entitled. Here’s how to get ready for the tax season.   Know...

Tax preparation used to be a task most people just left to the professionals.  But over the years, tax software has made it easier than ever for taxpayers to prepare their own returns.  In fact, over 71 million people did their own taxes in 2020.  Here are some great reasons to make...

It’s not too early to start thinking about your 2020 tax return.  Learning the latest rules can help you strategize ways to reduce your tax bill and boost your refund.  Here are some changes to expect when you file your taxes in 2021. Increased standard deduction amounts When you do...

What tax bracket are you in? One of the biggest mistakes people make is assuming that all their income is taxed at the same rate.  However, that’s not the case.  In actuality, your income is divided into chunks based on your filing status and each portion is taxed at the...