Taxpayers are urged to file their returns when ready and not to wait on Congress and decisions they may make in the coming weeks. Martha Waggoner for the Journal of Accountancy shares more in the article, Don’t wait on action on tax bill to file returns, IRS tells taxpayers. She encourages all taxpayers to not worry about changes from governmental actions and to know that if these do affect individual’s taxes the new guidelines can then be applied to their returns.
Tag: filing taxes
IRS Free File
The IRS is again partnering with Free File to offer millions of taxpayers online access to file their taxes at no cost. Want to know if you qualify and how to use this service? Visit IRS.gov/freefile and follow these instructions, listed on the IRS Website.
To find the right IRS Free File product, taxpayers can:
- Go to IRS.gov/freefile,
- Click on Explore Free Guided Tax Software button. Then select the Find Your Trusted Partner tool for help in finding the right product, or
- Use the Browse All Trusted Partners tool to review each offer,
- Select the desired product , and
- Follow the links to the trusted partner’s website to begin their tax return.
Tax Return Questions? We’ve Got Answers!
2020 was a wild year. Many collected unemployment, received government stimulus checks, and worked from home, which brings a multitude of questions as tax filing season approaches. Tara Siegel Barnard for the New York Times offers answers to the most pressing tax inquiries and shares tips on how to save money. From teachers to retirees to charitable giving and student loans, she covers the bulk of current issues when filing your return. How the Pandemic Has Changed Your Taxes Need more help? Contact Debra at 512 484 8016.