Home Blogs Category: Tax Tips and Tricks

Category: Tax Tips and Tricks

Taxes are confusing and cause many taxpayers stress come tax season but PriorTax is here to help. Learn the tax tips and tricks to get you through the preparation process. You could be missing out on more money from the IRS which is why we want to help. We’ll let you know about hidden deductions and rare credits to report on your tax return to maximize your refund. Don’t hesitate to leave a comment on our blog if you have a question about your tax situation. Also, check back here for new tips and tricks throughout the tax season because our team is on the lookout!

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2024 LLC Business Tax Deadline

2024 LLC Business Tax Deadline

LLC business entity allows for flexibility in business tax deadline and tax filing and payment methods.

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Filing Your Business Tax Return in 2024

Filing Your Business Tax Return in 2024

Every year, business owners face the dreaded task of filing business tax returns. This includes filing federal, state, and local tax returns.

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2024 Tax Guide for Unemployed Income Tax Filing

2024 Tax Guide for Unemployed Income Tax Filing

Discover a wealth of tax filing related information on unemployment income tax and unemployment benefits, insurance, and eligibility through PriorTax. You do not have to face unemployment alone; we are here to support you every step of the way.

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2024 Tax Changes May Generate Better Tax Refunds

2024 Tax Changes May Generate Better Tax Refunds

In the upcoming year of 2024 tax filing, prepare for a pleasant surprise as significant tax modifications are set to take effect. Brace yourself for potential financial gain, as your paycheck has the potential to grow generously if you find yourself in a lower tax bracket.

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2023 Year End Charitable Donations for Tax Filing

2023 Year End Charitable Donations for Tax Filing

Towards the year’s close, many individuals are looking towards charitable donations as part of their financial strategy.

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8 Very Commonly Overlooked Tax Deductions and Tax Credits

8 Very Commonly Overlooked Tax Deductions and Tax Credits

Taxpayers tend to overlook certain tax deductions, tax credits, and even tax exemptions that can help them pay less in taxes.

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1099-K for TPSO Reporting Delay For Tax Year 2023

1099-K for TPSO Reporting Delay For Tax Year 2023

The IRS has announced a postponement of Form 1099-K reporting requirements for third-party platforms in 2023

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2024 New Tax Brackets

2024 New Tax Brackets

The Internal Revenue Service has taken steps to ensure that the new 2024 tax brackets reflect the current consumer price index. This 5.4% upward adjustment

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401(K) and IRA for Tax and Investing

401(K) and IRA for Tax and Investing

When it comes to retirement savings options, 401k and IRAs are some of the most notable vehicles.

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11 Strategies to Lower Your Tax Bill

11 Strategies to Lower Your Tax Bill

While utilizing some of these 11 strategies may necessitate itemizing tax deductions instead of taking the standard tax deduction, it could be well worth it in lowering your taxes.

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