The Internal Revenue Service announced that the nation's tax season will start on Friday, Feb. 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns.
Read MoreIf you are receiving unemployment benefits, consider having tax withheld from these payments to avoid owing taxes when you file your federal and New York State income tax return next year. New York State unemployment insurance benefits and any of the special unemployment compensation authorized under the Coronavirus Relief Act are considered taxable income.
Read MoreGet rewarded with our Referral Program! As the referring person, you will receive $10 off your tax preparation for each friend referred. Your friend will also receive $10 off their receipt. It's a win-win situation! Each stackable up to $50. Terms and Conditions apply. Click here to register.
Read MoreWith the recent data breach of Capital One, we would like to remind everyone of the significance of data security. Here are some ways to secure your non-public personal information online.
Read MoreHow have you been using your tax refund? Spend, save, or invest? About three in four taxpayers received a refund, and if you're one of them, have you ever wondered the clever ways you could use them for? Catch some smart ideas here.
Read MoreHow 2018 tax reform changed deduction? In short, the standard deduction has increased, but that only means fewer can claim the itemized deduction. This reform limits those who itemized and benefit those who do not. Depending on your income bracket, you may have lower tax liability this year than the last.
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