A Few Changes to Federal and State Taxes in 2021
There are several notable changes to the state and federal tax laws this year, including Proposition 19 and increases in federal personal income tax rates.
Category: Taxation
8 Must-know Income Tax Changes for Year 2016
You won’t have to do your taxes for year 2016 until next calendar year (2017), but the IRS has already released income tax changes that you can use to plan ahead. As you...
9 Income Tax Mistakes that Could Delay Your Refund
If you are like most American taxpayers, then getting a refund is some of the best news you will get all year. For that reason alone, you want to do all you can to...
Tax Extensions: Can I Delay My Payment?
The term “tax extension” can be misleading, because it causes some folks to believe they can delay paying their taxes. This is not true. A tax extension simply means that you have the option...
Do I have to pay taxes if I inherit an IRA?
Inheriting an individual retirement account (IRA) can be a great monetary blessing for the recipient, but it can also raise many questions as to the rights and obligations associated with the transfer of money....