Reminder for extension filers: Oct. 15 is just around the corner

Reminder for extension filers: Oct. 15 is just around the corner Monday, October 15, 2018, is the extension deadline for most taxpayers who requested an extra six months to file their 2017 tax return. For taxpayers who have not yet filed, here are a few tips to keep in mind about the extension deadline and taxes: Try IRS Free File or e-file. Taxpayers can still e-file returns for free using IRS Free File. The program is available only on IRS.gov. Filing electronically is the easiest, safest and most accurate way to file taxes. Use direct deposit. For taxpayers getting a refund, the fastest way to get it is to combine… Read More

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Hot tips for summer jobs

Hot tips for summer jobs It’s that time of the year again for seasonal work and summer jobs. The IRS is providing the small business and self-employed community some helpful tips to work now and avoid tax issues later: Worker classification matters. Business owners must determine whether summer workers are employees or independent contractors. Independent contractors are not subject to withholding, making them responsible for paying their own income taxes plus Social Security and Medicare taxes. Workers can avoid higher tax bills and lost benefits if they know their proper status. Summer workers may be exempt from tax withholding. Workers may not earn enough from summer jobs to owe income… Read More

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Taxpayers can visit IRS.gov for tools to help with a wide range of tax topics

Finding answers to tax questions is only a few key clicks away. Millions of taxpayers use the following self-help tools on IRS.gov to easily find what they need: IRS Free File. Taxpayers with an extension of time to file their return until October 15 can use IRS Free File to prepare and e-file their tax return. Free File allows them to use brand-name commercial tax software at no cost. It is available for anyone with income below $64,000. Where’s My Refund? Taxpayers waiting for their refund can use Where’s My Refund? to check the status of a refund. This tool is available at IRS.gov or the IRS2Go mobile app. Refund… Read More

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