Understanding Your Forms: 1098-T, Tuition Statement
Here’s what you should know about the form 1098-T, Tuition Statement.
Here’s what you should know about the form 1098-T, Tuition Statement.
Here’s what you should know about the form 1098-E, Student Loan Interest Statement.
With tax season underway, you’ve likely received a number of tax reporting forms already. But if you haven’t, don’t panic: the majority of forms aren’t due quite yet. Most tax forms have an annual January 31 due date. Your tax forms are considered on time if the form is properly addressed and mailed on or…
So you have your form W-2, what now? Are you just simply going to hand it over to your preparer or enter the numbers into your tax software? Take a moment to look it over first. Here’s what you need to know.
As our athletes medal in Sochi, the chatter has again started about whether those medals – and the associated bonuses – should be exempt from federal income tax. Is it appropriate? Or necessary? I say no to both. And here’s why.
Ready to work on your tax returns but can’t find your forms W-2, 1099 and others? Here’s what you need to know.
(Update: We have a winner! It’s tucscongirl!) My kids are little hoarders. I swear one of these days, A&E is going to launch a “Hoarders: Kids Edition” and you’ll see my kids on the show, with their various rock, leaf and *other* collections stashed in shoeboxes. They hate to throw anything out. I have several…
We all like for things to be simple. We gravitate towards words like easy, elementary, and effortless. It all sounds so very… uncomplicated. Taxes, on the other hand, can be complicated. And as taxpayers, we find that frustrating. So it would make sense, then, that we would snatch up the easiest, least complicated tax forms…
If you’re one of those taxpayers who usually files the second that you have your form W-2 in hand, take heart. Today is finally the day that you can rush down to your tax preparer or fire up the computer to do it yourself. The Internal Revenue Service has already delayed the filing season by…
Dear really, really overeager taxpayers: As a small business owner and a tax professional, I am asking you in the nicest way possible: please be patient. I know you want to file your tax return already. You’re already annoyed that you’ve had to wait this long. But that’s Congress’ fault, not mine. And I’ll even…