Tax Forms

The Taxpayer Advocate Service is an independent organization within the IRS that helps taxpayers and protects taxpayers’ rights. We can offer you help if your tax problem is causing a financial difficulty, you’ve tried and been unable to resolve your issue with the IRS, or you believe an IRS system, process, or procedure just isn’t

As the new year is quickly approaching, many people have begun to set new goals and make New Year’s resolutions, including real estate investors. Many investors have set a huge goal to ring in the new year with increased profits and more cash in the bank. One way to make this resolution become more than

As the end of the year approaches, it’s a good idea to start thinking about how you’ll handle your federal tax return. Some taxpayers are still getting familiar with the Tax Cuts and Jobs Act of 2017, which has been in effect for four tax seasons. That tax law capped state and local tax deductions

Your Gambling Losses Might Be Deductible Did you have a bad night at the blackjack table or pick the wrong horse to win? There’s a possible silver lining if you lose a bet or two — your gambling losses might be deductible. (Gambling losses include the actual cost of wagers plus related expenses, such as

What is a tax credit? A tax credit is a dollar-for-dollar reduction in the amount of income tax you would otherwise owe. For example, claiming a $1,000 federal tax credit reduces your federal income taxes due by $1,000. The federal tax credit is sometimes referred to as an Investment Tax Credit, or ITC, though is different

Well. It’s about that time of the year again—tax season. Groan. Some new things this year include an increased standard deduction, adjusted tax brackets, and some key changes to common tax credits and deductions. We’ll dig into all those changes, plus a few more. First, let’s kick things off with the main details you need

Taxes can be tricky for any taxpayer. Filing taxes as a college student can make things all the more intimidating, especially if you’re new to taxes. To be honest, there’s a lot to cover. That’s why we’re here — to make tax filing for students and all the relevant topics — a little easier to

Be aware of what VITA and TCE volunteers can and can’t do These services help you with simple tax returns. Publication 3676-B, IRS Certified Volunteers Providing Free Tax Preparation, can help you determine what types of returns that VITA and TCE can and can’t help prepare. Gather your paperwork and information If you’re married and