Tax Return

2016-2017 Federal Tax Filing Gross Income Requirements – How Much You Have to Make or Earn to File Taxes

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Every year I get asked about income requirements for filing taxes when publishing tax filing due dates for the upcoming tax season.  While there are other factors that also drive if you have to file taxes or not, how much you earn (gross income) is a primary driver. Gross income covers monies from goods, property, and […]

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2016 Amended Tax Return Refund Schedule, Rules, Form 1040X and Deadlines

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So you have submitted your tax return and at some stage down the road you notice that you forgot to claim one of the many stimulus credits or qualified deductions. You may think that this money is gone now that your return has been submitted but you would be wrong; since you can actually send […]

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How Much Will it Cost to Have a Tax Professional Prepare Your Tax Return this Year?

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I have received variations on this question over the last few years and when I saw this article in the WSJ I had the answer to my question.  The national average fee for 2014 returns will be $273, according to a survey by the National Society of Accountants. This fee is based on filing for the […]

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Do I Need to File a Federal Income Tax Return in 2016-2017 ? Maybe Not If You Meet These IRS Guidelines

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[Updated Income Thresholds] The Internal Revenue Service (IRS) recommends that all adults file a tax return. Obviously, the IRS wants to have everyone pay their taxes but it is also an important way for the government to ensure that it pays out subsidies, stimulus payments and tax credits to the groups that they were intended […]

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