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Tag Archives: Income Tax
2017 Tax Season Starts January 29
The IRS has stated that it will begin accepting tax returns on January 29, 2018. The tax deadline to file your 2017 income tax returns is April 17, 2018. Tax refunds are expected to begin being paid out around the … Continue reading
Upcoming Tax Deadlines
Partnerships and S Corporations must file by March 15, 2018 C Corporations must file by April 17, 2018 Individuals must file by April 17, 2018 IRA contributions for 2017 can be made until April 17, 2018 If you would like … Continue reading
Paying Taxes on the Sale of Your Home
Normally, taxpayers do not have to pay any income tax on $250,000 ($500,000 if married filing jointly) in profit from selling your home. However, if you did not own the home for at least two (2) years of the previous … Continue reading
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