Se Habla Español
Tax 101
Welcome to taxes 101, your crash course to federal income taxes. We’ve covered the tax basics including tax statistics, the history of taxes, tax terms, tax reform, tax brackets and rates, and tax FAQs, so you can get a good starting point for approaching the upcoming tax season. However, there is still a lot more important tax information that we cover in our detailed blog posts that are a useful resource for any taxpayer. If you still have unanswered questions or need help filing your taxes, Community Tax is here to assist you. Check out our FAQs or speak with us today.
Tax Stats & Facts
We’ve researched the tax statistics you need to know.
Why Millennials Mean...
In the United States, Millennials are now the most represented generation...
Read More
11 Helpful Ways to Negotiate,...
Do you feel like you’re in over your head when it comes to resolving...
Read More
Tax Fraud: It’s Not...
What is Tax Fraud? Tax fraud is defined as such: when an individual...
Read MoreHistory Of Taxes
Learn more about why and when taxes were established.
Taxes and its Role in the Fall of the Roman Empire
What led to the fall of the great Roman Empire? To this day, historians still debate the cause. As the Roman Empire was a...
Why Do We Pay Taxes? A Quick Refresher
Around the middle of spring you’ll hear the moans and groans of distressed adults complaining about income taxes. Sure,...
Ancient Taxes from Around the World
There are few things in this world that are, without debate, a necessary evil. Taxes fall all too well within that description....
Taxes Explained
Understanding taxes is the first step to a correct return.
My Spouse Owes Taxes...
When you say your vows and tie the knot, you officially bind yourself...
Read More
Can I Start a Business...
If you owe back taxes but you’re getting ready to launch a new business,...
Read More
How to Pay Unpaid Payroll...
My business owes back payroll taxes, what can I do? Before you panic,...
Read More
How Do You File Taxes...
If you lived and worked in the same state this past year, filing taxes...
Read More
Why Do We Pay Taxes to...
Around the middle of spring, you’ll begin to hear the moans and...
Read More
Innocent vs. Injured...
Innocent Spouse Relief might be offered when your current or former...
Read More
What Happens to Unpaid...
When you lose a loved one, the last thing to cross your mind is taxes....
Read More
How Much is Inheritance...
There comes a time in life when we lose someone near and dear to us....
Read More
What are the tax differences...
When you start up a new business, you’ll have to choose a business...
Read MoreTax Terms
One of the most difficult things about filing taxes is trying to understand all the complex IRS tax terms. There’s plenty of tax lingo to be learned, and you need to know it so you can provide the correct information on your tax return. For starters, let’s cover a few basic tax terms you’ll need to know:
Tax Liability: Definition...
Understanding the basic underpinnings of your taxes allows you to...
Read More
What is Double Taxation?
Every tax year, you expect to pay income taxes on the money you earned...
Read More
What is a Deferred Tax...
If you’re in charge of coordinating and filing taxes for your business,...
Read More
How Many Tax Allowances...
Whenever you start a new job, your employer will probably ask you...
Read More
Tax Credit vs. Tax Deduction
For some of us, the only thing that gets less complicated about tax...
Read More
IRS Tax Lien Help: What...
Federal Tax Liens are a problem faced by many taxpayers that owe money...
Read More
Tax Abatement Service
Tax debt is a huge issue for many people in this country and unfortunately,...
Read More
Tax Brackets + Rates
Tax brackets determine the rate at which your income is taxed.
Tax Liability: Definition...
Understanding the basic underpinnings of your taxes allows you to...
Read More
File Jointly Or Separately?...
There are a number of decisions you’ll have to make as a married...
Read More
Tax Help With Filing...
Tax Help Need tax help with your marriage filing status? Taxpayers...
Read MoreTax Law + Reform
Changes to tax law can affect how you complete your taxes each year.
How the Supreme Court Online Sales Tax Ruling Impacts Consumers & Retailers
How the Supreme Court Online Sales Tax Ruling Impacts Consumers & Retailers You may have heard about the Supreme Court’s...
Trump’s Tax Reform Plan: How Trump’s Tax Bill Affects Taxpayers
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Acts into law. The passing of this tax reform came with...
Tax Evasion Statistics
Tax Evasion Facts and Figures Tax Evasion: -The illegal nonpayment or underpayment of tax *Tax evasion is a criminal offense...
Tax FAQs
You must have your income tax return filed by April 15th at the latest. Otherwise, you may face penalties and other consequences.
Your tax information should be provided to you by your employer by January 31st. If you have any investments, financial institutions are required to send you your tax information by February 15th.
Your tax return will be calculated based on your filing status, income, and any deductions or credits you qualify for. While you can do this math manually on the forms, there are also tax calculators available that can help you get your estimate.
You can file your federal income taxes by submitting them online or by mail.
You can maximize your tax refund by applying any tax deductions or credits that you qualify for.
