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Archives

Tag Archives for: "Tax Deadlines"
 Why you might want to file early and answers to other tax season questions
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By Gary Timpe
In Taxes
Posted January 27, 2023

Why you might want to file early and answers to other tax season questions

The IRS announced it opened the 2023 individual income tax return filing season on January 23. That’s when the agency began accepting and processing 2022 tax year returns. Even if you typically [...]

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 Estimated tax payments: Who owes them and when is the next one due?
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By Gary Timpe
In Taxes
Posted August 11, 2022

Estimated tax payments: Who owes them and when is the next one due?

If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This is the case if you receive interest, dividends, [...]

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 It’s almost that time of year again! If you’re not ready, file for an extension
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By Gary Timpe
In Taxes
Posted March 29, 2022

It’s almost that time of year again! If you’re not ready, file for an extension

The clock is ticking down to the April 18 tax filing deadline. Sometimes, it’s not possible to gather your tax information and file by the due date. If you need more time, you should file for an [...]

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 With year-end approaching, 3 ideas that may help cut your tax bill
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By Gary Timpe
In Taxes
Posted December 3, 2021

With year-end approaching, 3 ideas that may help cut your tax bill

If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here are three quick strategies that may help you trim your taxes [...]

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 5 possible tax aspects of a parent moving into a nursing home
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By Gary Timpe
In Taxes
Posted August 4, 2021

5 possible tax aspects of a parent moving into a nursing home

If you have a parent entering a nursing home, you may not be thinking about taxes. But there are a number of possible tax implications. Here are five. 1. Long-term medical care The costs of [...]

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 Still have questions after you file your tax return?
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By Gary Timpe
In Taxes
Posted May 18, 2021

Still have questions after you file your tax return?

Even after your 2020 tax return has been successfully filed with the IRS, you may still have some questions about the return. Here are brief answers to three questions that we’re frequently asked [...]

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 Tax filing deadline is coming up: What to do if you need more time
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By Gary Timpe
In Taxes
Posted May 5, 2021

Tax filing deadline is coming up: What to do if you need more time

“Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May 17, 2021. The IRS postponed the usual April 15 due date due to the COVID-19 [...]

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 Why it’s important to meet the tax return filing and payment deadlines
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By Gary Timpe
In Taxes
Posted April 27, 2021

Why it’s important to meet the tax return filing and payment deadlines

The May 17 deadline for filing your 2020 individual tax return is coming up soon. It’s important to file and pay your tax return on time to avoid penalties imposed by the IRS. Here are the basic [...]

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 Unemployed last year? Buying health insurance this year? You may benefit from favorable new changes
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By Gary Timpe
In Taxes
Posted April 22, 2021

Unemployed last year? Buying health insurance this year? You may benefit from favorable new changes

In recent months, there have been a number of tax changes that may affect your individual tax bill. Many of these changes were enacted to help mitigate the financial damage caused by COVID-19. [...]

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 How to ensure life insurance isn’t part of your taxable estate
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By Gary Timpe
In Taxes
Posted March 31, 2021

How to ensure life insurance isn’t part of your taxable estate

If you have a life insurance policy, you may want to ensure that the benefits your family will receive after your death won’t be included in your estate. That way, the benefits won’t be subject [...]

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