1040Return.com’s blog with tax tips and information regarding tax credits, tax forms, and tax updates/changes.
Each year thieves try to steal billions in federal withholdings by stealing your identity. As the IRS focuses more attention on this quickly growing problem, now is the time [...]
Knowing the difference is very important Are you an independent contractor or an employee? As the pandemic continues, many long-time employees are now picking up jobs as contractors. In [...]
Now is the time to make your estimated tax payment If you have not already done so, now is the time to review your tax situation and make an [...]
New mileage rates announced by the IRS Mileage rates for travel are now set for 2021. The standard business mileage rate decreases by 1.5 cents to 56 cents per [...]
Your charitable contribution deductions are still a great tax savings tool, This year, they require more planning to handle the changes from the Tax Cuts and Jobs Act (TCJA). [...]
The end of tax season is approaching and if you’re getting a refund, here are four useful tips to know. The average refund is more than $2,000. About three-fourths [...]
Last year's Tax Cuts and Jobs Act (TCJA) is confusing to many taxpayers when it comes to home equity loans. This act changed the rules on whether the interest [...]
If you're considering converting a traditional IRA retirement account into a Roth IRA, be aware that the Tax Cuts and Jobs Act (TCJA) signed last year now limits your [...]
Understanding the taxable gain exclusion on home sales If you're considering selling your home or have recently sold your home, there are possible tax consequences. The good news: much [...]
Three-fourths of filers get a tax refund every year, with the average check weighing in at $2,895. Here are some ideas to put that money to good use: #1: [...]
