There may not be a free lunch anymore, but is there a free tax filing? It seems like everywhere you go these days someone wants to gouge more money out of you…so you can pay more money. And that gets even worse when you have to file past due taxes.
So here are three ways you can file past due taxes for free! Because no one should ever have to pay to pay Uncle Sam back.
(more…)
Knowing how to file past tax returns is a skill that can help you in a lot of ways. It keeps you from falling further into debt. It helps you keep track of your financial history. It can save you money or bills. It can make filing this years return go a lot faster.
But can knowing how to file past tax returns cancel out what you owed last year?
(more…)
In the seminal Your Money or Your Life, Joe Dominguez and Vicki Robin argue that in order to get a good grip on your financial future, you must first gain an understanding in your financial past. And the best ways to do this? Gather together your past tax documents and see how much you’ve earned over your entire life.
You might be wondering: how and why does this work? How can those old past tax documents add value to your financial future? What’s the trick here?
(more…)
The problem with the way tax law is written is that it’s far, far too confusing. The nice thing about e-filing services is that the cut through that mess and help you get the biggest refund for the most money (and time) invested. But as good as they are, they can’t answer every question.
In fact, one of the most common ones I get asked is: just what are past taxes anyways?
(more…)
If there’s one piece of not so conventional tax advice this blog has tried to teach you, it’s that past tax returns can really help you in a lot of ways. From everything to making this years tax filing easier to getting a better mortgage, hanging on to your past tax returns really helps you out.
I hope I have you convinced, but: how do you get past tax returns?
(more…)
When you think of late taxes, you probably imagine owing money to the IRS, and thinking occasionally about how fast that debt is growing, how difficult it is to pay it back once and for all. But countless taxpayers have discovered something entirely different: their past year tax debt isn’t a debt at all — it’s an asset! People who file late are often owed money by the IRS!
More and more taxpayers are finding out how to file past year tax returns and collect on the money the IRS owes them, or to minimize how much they owe the tax man — without paying anything until they know what they’re getting back!
“If you can fool the IRS, I might as well let you fool me.”
-Anonymous
Whenever you borrow lots of money, enter a new lease, or possibly need a general credit check, someone is likely to ask you for your tax return for previous years. Why? Because tax returns for past years offer a wealth of information on what your income has been, what assets you’ve owned, and how stable your job history is.
And in other cases, you’ll want those returns to help you file past year tax returns. When you file a past year tax return, you’ll need to use information from previous and subsequent years to fill in the gaps. Filing a past year’s tax returns is tedious (which is why there are more sites out there that file for you than that tell you how to file past years tax returns).
Once you’ve paid your taxes, you might want to wave them a fond goodbye. But it’s never that easy. Since your taxes are a link between what you say you’ve made and what your employers say they’ve paid you, your past year tax forms are often an easy way for you to prove how much money you earn. And because that’s so convenient, you’ll often find that renting an apartment or leasing a car involves trotting out those past year tax returns.
(more…)
There are plenty of guides to filing Federal taxes late, but not nearly as many for filing past state tax returns. Why? Because each state does it a little differently. The key to getting your past state tax returns dealt with is not to memorize lots of rules and regulations for each state, but to work closely with someone who is familiar with the subject.
(more…)
Now that the past year is winding down, and with next year’s tax season just ahead, there’s no better time to think about catching up on your past year tax filings.There is no good time to have tax troubles, but this year and next year could be particularly bad times. In the past, many economic crises have been accompanied by tax code changes that take years to be fully understood, so expect a busy tax season after a rough year. Rather than worry about your past tax payments later on, this is the the time to handle them.
(more…)
|
Copyright © 2005-2011 Rapid Filing Services, LLC. All rights reserved. Mailing address: PastTaxes.com
1841 Broadway, Suite 902
, New York,
NY
10023
|