TaxTip

Pointers, prep tips and analysis from the experts who do this every day.

1040X
Feb 25th, 2015

How to fix an error on your tax return

Ed note: This is an update to one of our most popular posts – so you aren’t alone if you think you made a mistake on your tax return! Leer en español. Filing your taxes is one of those projects that may feel overwhelming and anxiety provoking, and when you get to the end you […]

401k
Feb 19th, 2015

Tax Considerations For Recent Grads

Ed note: Getting that first “real” job has a lot of exciting perks and maybe one that isn’t so exciting. If you’ve been claimed on your parents return in the past and not made enough to file, this could be your first year filing a full return on your own. Here are a few perks […]

car
Feb 14th, 2015

Moonlighting as an On-Demand Driver Can be Unexpectedly Taxing

Ed note: Whether you drive for Uber, Lyft or any other popular ride share or private car service, don’t underestimate how important this income is at tax time. We asked tax experts Mike Slack and Jennifer Villarino to provide these five essential facts, so you can avoid unwelcome surprises when you file that 2014 return.   Mobile ride-booking services […]

Feb 8th, 2015

Top Tax Tips [INFOGRAPHIC]

If this is your first time filing a tax return – you may be asking a lot of questions. There’s more than one tax form? How do I choose which one? What’s the difference between an exemption and a deduction? Why they heck do we pay taxes anyway? The history might not be as long as […]

direct deposit
Feb 4th, 2015

Methods of Receiving A Tax Refund

Receiving a refund is, by far and away, the best part of the tax filing process (in my opinion). However, there are also some choices to be made when it comes time to select how you want to receive your refund. Here’s what you should know. Leer en español. First, the IRS estimates that 9 in 10 […]

education
Feb 1st, 2015

How to Choose Your Tax Pro

Ed note: If you want to have your taxes prepared by a person – instead of doing them yourself with a software program or online – you have a big decision to make. Violeta has some great tips from the IRS as well as a few things she learned from personal experience. Leer en español. When […]