Tag: IRS

Tax Tips for New Homeowners

Ed note: Congratulations on buying a new home! While it’s easy to get caught up in picking paint colors and planning where the furniture will go, don’t forget to keep track of important expenses and other home-related things that you will need at tax time. Leer en español. From determining how much you can afford […]

What You Need To Know About Student Loan Forgiveness

Ed note: Did you know there are ways to have your student loans paid off? And they don’t involve having a wealthy, childless aunt somewhere. Robert Farrington covers several great options for student loan forgiveness that are open to a wide range of people. Leer en Español. Student loan forgiveness programs are great options for […]

Paying Taxes All Year Long

Most Americans think about taxes once a year – sometime between the end of January and April 15. For those people, every time a paycheck comes, taxes are paid too. They are automatically deducted before the money hits the bank account. An annual tax return reconciles the amount of taxes paid throughout the year with […]

What can happen after you file – or don’t file?

Ed note: Getting a letter from the IRS after you file a tax return can be terrifying. It’s also not that uncommon. Learn more about the typical reasons you might hear from the IRS and how to go about handling it. Most people only think about taxes sometime between January and April, when they file […]

College Graduate: Are you still a dependent?

Ed note: Over and over again, we hear from clients who are confused about dependency. This is particularly true for recent graduates who may be wondering whether they should claim a personal exemption or whether their parents can still file with them as a dependent. Here’s some help to clear that up. Leer en español. So you’ve just […]

Deadlines for U.S. Expats Approaching

If you are a U.S. citizen living, working or stationed abroad and haven’t filed a tax return yet, you need to submit it by June 15. That’s just a couple weeks away! If you still need help preparing a return, contact H&R Block Expat Tax Services. We offer virtual and, in some countries, in-person services to […]

Expat Tax Q&A: Why Does the IRS Care About My Visa Status?

Ed note: H&R Block Expat Tax Services is a highly specialized team of tax attorneys, CPAs and enrolled agents whose singular focus is expat tax preparation for Americans abroad. These tax situations can be very complex, so we are featuring some answers to common questions. Today’s post focuses on the foreign income tax exclusion. Due […]

Gifts For Mom This Mother’s Day [INFOGRAPHIC]

Did you know the IRS has “gifts” to give mothers every year, too? OK, credits and deductions may not be able to hold a candle to her children’s smiling faces or sentimental art. But we wanted to take the time to look at how most of us celebrate mom on this special day, and how she […]

Expat Tax Q&A: What if I Haven’t Been Filing My U.S. Returns?

Ed note: H&R Block Expat Tax Services is a highly specialized team of tax attorneys, CPAs and enrolled agents whose singular focus is expat tax preparation for Americans abroad. These tax situations can be very complex, so we are featuring some answers to common questions here. Today’s post focuses on what to do if you […]

Expat Tax Q&A: Do I Really Have to File?

Ed note: H&R Block Expat Tax Services is a highly specialized team of tax attorneys, CPAs and enrolled agents whose singular focus is expat tax preparation for Americans abroad. These tax situations can be very complex, so we are featuring some answers to common questions here. Today’s post focuses on general reporting requirements. Remember that […]