Pencils down. Tax Day is right around the corner. These tips will tell you everything you need to know to get through April 15.
If you haven't pulled your tax return together and sent it into the IRS by now, you're just about out of time.Due to Patriots' Day holidays on Monday in Maine or Massachusetts, taxpayers in those states have until midnight Wednesday to file.
This season is the first time taxpayers will file under the Tax Cuts and Jobs Act. This overhaul of the tax code roughly doubled the standard deduction to $12,000 for singles , eliminated personal exemptions and limited itemized deductions. Save thousands with these credits and deductions your 2018 tax return: Not all deductions are out the window. Here are some valuable opportunities to save on your taxes.
About 8 million individuals who received a tax refund last year may owe this time: If you received a smaller refund for 2018, it could be because you received more money in your paycheck. Why getting exactly zero back from the IRS might be a good thing: If you broke even with the IRS, congratulations! Aim to do the same next year.
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