Tag Archives: tax return

Paying Taxes When You Work from Home

As technology adapts to allow more employees to telecommute, the traditional office is becoming more of a makeshift desk on the kitchen table than a cubicle across town. However, if your employer is in a state other than the one in which you live, you’ll have a little bit of a different tax situation than […]

Getting Familiar with the Form 1095-A

This tax season, you may receive a new statement that you aren’t entirely familiar with. With the implementation of the Affordable Care Act last year, taxpayers who bought their health insurance through the Marketplace will receive Form 1095-A, Health Insurance Marketplace Statement. The IRS does not supply the form to you, but instead you will […]

Missing Your W-2s? Here’s What to Do

Most taxpayers get their W-2 forms from their employers by the end of January. Form W-2, Wage and Tax Statement documents the amount of taxes that have been withheld throughout the year, and state the total amount of income earned. You need this form to file your tax return correctly. If you don’t have this […]

There are various times throughout the year that you may need to refer to your prior year’s tax information. Whether you’re applying for a student loan, refinancing a mortgage, or other financial reasons, you’ll need a copy of your tax return. Don’t have it? Don’t panic. The IRS has many options to help you get […]

Generally, many people are required to file a tax return, which is why they do. But even if you don’t have to, you may still want to. There’s a chance you may be eligible for a tax refund and not even know it. The following six items may give you reason enough to file a […]

Taxpayers who have fallen on hard times and have lost their job may be eligible for unemployment benefits. These benefits can be a lifesaver when you need to support yourself, but it’s important to remember that they are taxable. When you file your tax return keep the following facts about unemployment compensation in mind. The […]

The Tax Preparation State of Mind

Filing your taxes requires you to be in a certain mental state that helps you be calm, stress-free and organized. Procrastination can be the biggest detriment to tax preparation. Face it: No one likes paying taxes, but it’s something we all have to do. Might as well get it done and over with. Follow these […]

The Cost of Tax Preparation on Average

Looking for someone to help prepare your taxes? It’ll cost you – $246 on average. According to the National Society of Accountants, that’s the median expense for having your Form 1040, accompanied with a Schedule A and your state tax return, prepared for you by a tax professional. If you opt for the standard deduction […]

Anyone who was not a resident of Kansas during the tax year, but who has earned income from a source within the state is responsible for filing a Kansas income tax return. The amount of income earned in state is not relevant to determining whether or not a nonresident must file. If Kansas state tax […]

Many people instinctively file their tax returns, which is great, because most people are required to file. However, some people aren’t required to file, though it may be beneficial to them to do so. If you are filing a tax return, you’ll want to pay attention to some new rules taking effect this year. Use […]