What forms do I need to file my taxes

what forms do i need to file my taxes

Filing your taxes can seem overwhelming, especially if you’re unsure what forms to file. Here’s a breakdown of the most common forms you’ll need to file your taxes: Form W-2 If you’re an employee, your employer will provide you with a Form W-2, which reports your wages, tips, and other compensation. You’ll need this form … Read more

How can I get help with my tax debt

How can I get help with my tax debt

If you owe money to the IRS, dealing with tax debt can be overwhelming and stressful. But you don’t have to handle it alone. Here are some ways to get help with your tax debt: Set Up A Payment Plan The IRS offers several payment plan options to taxpayers who owe money but can’t pay … Read more

How do I file my taxes if I’m self-employed

How do I file my taxes if I'm self-employed

If you’re self-employed, you are responsible for paying your taxes and filing your tax return. This can be daunting, especially if you’re new to running your own business. But with some knowledge and preparation, you can successfully file your taxes as a self-employed individual. Step 1: Gather Your Information The first step to filing your … Read more

Can a salaried person show business income?

Can a salaried person show business income

Yes! A salaried person can show business income. Just because you are a salaried employee does not preclude you or your spouse from earning business income from other sources, including self-employment and contract or gig work, to name a few. Income from any other source besides an employment position would necessitate that you would show … Read more

At What Age Do You Start Paying Taxes

Tax Preparation And Planning Services

Many people wonder at what age they need to start paying taxes, and I am here to provide that answer. Individuals must start filing taxes as soon as they pass the income threshold, determined by their filing status. As of the tax year 2022, those thresholds are… Single Filing Status Head Of Household: Married Filing … Read more