Manisha Hansraj
Jan 15, 2021What’s New for the 2020 Tax Year?
Here’s the breakdown of all the changes. Standard deduction For the 2020 tax year, the standard deduction amounts have increased. Here are the amounts below. Single or Married filing separately – $12,400 Married filing jointly and Qualifying widow(er) – $24,800 Head of Household – $18,650 For taxpayers who are blind or at least 65 years […]
Manisha HansrajAug 6, 20197 Important Life Changes That Impact Your Taxes
With life, situations change and they come with certain tax implications. One year makes a difference. From getting married, transitioning into a new job to having your own bundle of joy, your tax situation changes as well. Here are some examples. 1. Tying the knot Getting married is a big step in everyone’s lives. Along […]
Manisha HansrajNov 5, 2018Prepare for the 2019 Tax Season!
2018 is coming to an end. It seems like the year went by so quickly. Now, are you ready for the new tax season? The 2019 tax season brings in a variety of changes that will ultimately affect how you file and Form 1040. Read below to find out what you need to know before filing your […]
Manisha HansrajJul 23, 2018The Child Tax Credit & Additional Child Tax Credit Changes for 2018!
Let your kids treat you by giving you the tax break you deserve. Typically, for the prior tax years, (including the tax year 2017) you can receive up to $1,000 per qualifying child for the Child Tax Credit (CTC). You may even get the Additional Child Tax Credit (ACTC) which is a refundable credit that you […]
adminJun 7, 2013How Do I Check My Federal Tax Return Status?
You’ve got the questions. We’ve got the answers. The best way to check your return’s status is to use the Where’s My Refund tool on the IRS website. Don’t call the IRS unless Where’s My Refund tells you to. Calling the IRS unnecessarily will just bog them down and make things slower for everyone, including […]
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