What changes to expect when you file your tax return in 2018

Here's more on two big changes to expect when preparing your IRS tax return for the 2017 tax year.

Hurricane Irma victims slated for IRS tax relief

As victims of Hurricane Irma grapple with the aftermath of the storm, the IRS is providing some tax relief. For now, people living in the U.S. Virgin Islands, plus the islands of St. Thomas and St. John, are eligible for the the assistance, which will provide tax filing and payment relief. The relief is slated … Continue reading Hurricane Irma victims slated for IRS tax relief

Tax deadline procrastinators face ‘stiff’ penalties

The 2017 tax filing deadline is upon us. That means life will calm down a bit for accountants, but things could heat up for taxpayers who miss the April 18 deadline. Anyone who owes taxes and doesn't file by midnight April 18 risks federal penalties for failing to file and pay on time, plus possible … Continue reading Tax deadline procrastinators face ‘stiff’ penalties