Time is running out for South Floridians scrambling to put the finishing touches on their federal tax returns ahead of Tuesday’s midnight filing deadline.
Most folks looking for tax deductions focus on things like mortgage interest, real estate taxes and charitable donations. But tax rule changes that applied in 2013 made them less valuable in cutting taxes for an increasing number of taxpayers.
According to the IRS, 20 to 25 percent of Americans wait until the last two weeks before the deadline to file their taxes. If tax time snuck up on you this year, here are a few tips to help you file.
The Florida House passed a plethora of tax cuts Thursday that includes multiple sales tax holidays in the coming year. The bill will reduce the state revenue by $100 million and complete Governor Rick Scott’s election year plan of $500 million in tax cuts.
Get a jump-start on next year’s taxes by setting up a filing system now. You can use a folder system where you label the each folders according to your needs.
Most of us fall into one of three categories; we keep too much of the paper that comes into our homes or there those that try to throw out everything. And of course those that fall in between.
If you are like most of America you have yet to file your taxes. You have less than a month to do it. Before you pull your hair out trying to figure out what you owe or what the government owes you you may want to consider having an expert do your taxes. We found a way most of you can have them done for free. Yes, free. You may even get a bigger refund than in the past.
What is your largest asset? It’s your ability to earn a living!
What may trigger an audit from your tax filing?
A Senate committee on Wednesday added two more tax cuts — a back-to-school sales-tax holiday and a dip in the tax on cable and phone services — to an already-approved vehicle registration fee rollback in an effort to reach Gov. Rick Scott’s benchmark.