The answer is no, not at all!
If you’re the average American taxpayer, statistics show that you’re likely to miss a filing deadline at some point in your life. Most likely, its due to work, vacation, or financial financial reasons. But if it happens to you, (and if it’s happened this year) the first thing you need to do is stop panicking. It’s never too late to deal with past tax returns–you just have to file it!
So what do you do when you realize you have some past tax returns?
Continue reading “Is It Too Late To File My Past Tax Returns?”
When a new tax season starts, people tend to forget about the old one, often to their peril. See, millions of American’s still last year’s taxes (or the year before or the year before) think about,. Sometimes it’s because they still have a valid extension, sometimes it’s because they forget and now they want to deal with it even less, and sometimes it’s because they weren’t aware they were eligible to file taxes. It’s the last one that the IRS will really use to get you.
Fortunately, filing past year taxes is possible at any time of the year. Even more fortunately, most people who file back taxes find out they’re eligible for a refund! The important thing is to file taxes before that refund gets garnished by fines. Here’s our back taxes advice Continue reading “Is Filing Past Year Taxes Still Possible?”
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!
Continue reading “How To: File Past Year Tax Returns”
Debt hurts all of us. The longer we let it hang there, the more damage it does to our credit, to our lives, and to our stress levels. Fortunately, while the road to getting out of debt can be long, the process can be easy–if you plan for it. Here are 3 ways that your past years taxes can help you move out of debt and even earn you money!
If there’s one thing every one worries about when they decide to file past year tax return forms, it’s getting ripped off: so many sites offer information on how to file past year tax information late, but it’s often hard to pick one that’s going to give you your money’s worth.
So don’t just pick a site that gives you a good return on your investment — just don’t pay until you see the results you want! Continue reading “File Past Year Tax Return Information: Try it Online, Free!”
What’s more likely to get you a good loan rate? The amount of money you have available to you right then or documents showing what a solid non-risk you are financially? If you answered the former, well, I have some bad news for you. As much as money on the table helps (and it does help) the fact is, the bank or lending isn’t going to be lending to you just that day. They are lending to you over time. They want you to show them that, over time, you’re hardly a risk at all. One of the best ways to prove that? Your past taxes.
Yes, it’s true. Your past taxes can be incredibly valuable beyond the refund they gave you. Here are 3 ways:
Continue reading “3 Reasons to Keep Past Taxes: The Key To Your Financial Future”
The IRS is, to many Americans, the face of bureaucratic incompetence. They’re slow. They take our money. They screw up. But did you also know that they understand? It sounds crazy, right? The IRS having feelings? Compassion? The ability to think? But for millions of Americans, mostly those with past due tax, the stereotype of the IRS is what’s keeping them from discovering this compassion–and receiving a refund while doing so!
Sounds too goo to be true, right? Well it is. Here’s why:
Continue reading “Failed To File Your Past Due Tax? Don’t Panic: There’s a Solution”
Banks love financial documents. Loan providers love them too. Renters and real estate agents are also big fans. The fact is, the more financial documentation you have, the more those kinds of places can see what sort of a risk you are. And even if you had an off year (or two) the more documentation you provide to prove what a low risk you are, the lower your rates are going to be. One easy way to give them the records they crave? Obtain your past taxes returns.
How? Here are 4 facts about getting your past taxes returns so you can cut your bills, save some money, and be ready for any crises that come your way.
Continue reading “4 Facts About Obtaining Your Past Taxes Returns–And Saving Big!”
Getting helpful information about your taxes can be a real pain in the…you know. It seems that nearly everyone involved has an agenda: the IRS wants you to pay the most money, your accountant wants to bill you by the second, and your friends just want to tell you about how great their accountant is. It’s a mess and it’s even worse when you’re struggling at getting past tax information out of people.
But there’s a solution you may have already stumbled on for getting past tax information: the internet.
Continue reading “Getting Past Tax information Online – For Free!”
Politicos and tax mavens alike were saddened to hear of the death of Jack Kemp last week. Kemp, who had a distinguished career as a football star before becoming an advocate for drastic tax cuts, was loved and loathed by people on both sides of the aisle. His influence is not just in the past: tax reform contintues to be a hot topic today.
Continue reading “Past Tax Lessons from Jack Kemp”