Tax Tips

With another tax season approaching, it’s time to begin preparing your tax return. Tax filing can be complex, but there are a few tax filing tips you can follow to make this year easier – and may increase your potential tax return.

Will a State Audit Trigger a Federal...

The word audit might be one of the most dreadful words in the dictionary—and for good reason. No one wants to receive a letter in the mail from the IRS…

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Tax Preparation Checklist (Everything...

Does the thought of preparing your taxes have you feeling stressed out? You’re not alone. Taxpayers across the country feel increased levels of stress when tax season rolls around. Not…

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What is the Pass-Through Tax Deduction?

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IRS Help

Community Tax is proud to provide essential tax tips and information for taxpayers in states across the country.The IRS website is an excellent resource for answers to your tax questions. You can get free income tax help from the IRS easily online or by calling them. On their site, you’ll be able to find tax tips, up-to-date information about requirements, advice on owing back taxes, information about payment plans, and other resources that can help provide clarity and relieve stress.



How Much Should I Offer In Compromise to the IRS?

Life can be expensive—student loans, mortgage payments, buying a car, food, insurance. On top of these costly expenses, you’ll also receive a yearly visit from Uncle Sam asking for his…

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How Much Should I Offer In Compromise to the IRS?


What Happens to Unpaid Taxes After Death?

When you lose a loved one, the last thing to cross your mind is taxes. However, when a person passes away, it doesn’t mean their tax burdens go along with…

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What Happens to Unpaid Taxes After Death?


IRS Statute of Limitations

Do you have a federal tax debt? Interested in the IRS policy on statute of limitations? Contact us today Statute of Limitations on Taxes Owing money to the IRS can…

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IRS Statute of Limitations


FAQs

We’ve answered some of the most common tax questions to make filing easier:

You can file your 2019 federal income taxes as early as January 21, 2020 using the IRS’s eFile option.

Trying to get everything ready at the last minute is often a large part of what makes filing your taxes overwhelming. In addition to gathering all your necessary documentation (receipts, W2s, 1099s, etc.), you can use the IRS’ tax withholding estimator and check to make sure all your information is accurate with the IRS including your address.

If you are going to itemize your deductions, the IRS allows you to write off expenses such as charitable contributions, taxes you paid to your state of residence, child care, medical expenses, and much more. 

It may be better to use the standard deduction, which is $12,200 for those filing as single and married filing separately, $24,400 for those filing as married filing jointly or qualifying widow(er)s, and $18,350 for those filing as head of household. If the standard deduction is higher than your itemized deduction, you will use that instead.

Looking for more actionable IRS insights? Use the resources below to discover an array of tax tips designed to help you make the most of your tax return and remain in good financial standing with the IRS.