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☆ My husband and I are filing taxes jointly for the first time, so I asked an accountant what we need to know
  + stars: | 2024-02-02 | by ( Jen Glantz | Avril Ayers | Read More | ) www.businessinsider.com   time to read: +7 min
It's important to fill out your tax return consistently each year — and keep your employer up to date. Even if you aren't the one filing taxes, you should check the return to make sure it's accurate. In 2023, when we had a baby, we started to have conversations about filing taxes together. If we continued to file taxes separately, we both couldn't claim our child as a dependent, and that could impact the amount of taxes one of us owed. AdvertisementAfter meeting with certified public accountant Logan Allec, we realized that it was finally time to file taxes together.
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☆ 4 expert tips to make taxes less painful next year
  + stars: | 2023-04-01 | by ( Holly Johnson | Avril Ayers | Freelance Writer | ) www.businessinsider.com   time to read: +6 min
About a quarter of Americans waited until the last two weeks to file their taxes last year. You can create a plan to file early next year with a schedule and an organization system for your documents. Editor's Rating 4.2/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.6/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Learn more On TurboTax's website Learn more On H&R Block's website Learn more On Tax Slayer's website1. You'll want to begin gathering documents related to your taxes all in one place throughout the year. "Half the battle when it comes to preparing your taxes is rounding up all your tax documents," said Allec.
☆ Why do I owe taxes this year? 6 reasons you may not get a refund
  + stars: | 2022-12-19 | by ( Jamie Johnson | Lisa Niser | Jamie Johnson Is A Kansas City-Based Personal Finance Writer Whose Work Has Been Featured On Several Of The Top Finance | ) www.businessinsider.com   time to read: +10 min
Common reasons include underpaying quarterly taxes if you're self-employed or not updating your withholding as a W-2 employee. Let's look at six common reasons some people could owe money to the IRS. Editor's Rating 4.6/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 3.7/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Learn more On Tax Slayer's website Learn more On Liberty Tax's website Learn more On H&R Block's website1. If you underpay your quarterly taxes — or fail to pay them — you could owe money at the end of the year. If you haven't paid any income taxes on the benefits you received, you may owe money when you file.
☆ How to file your taxes this year if you're a freelancer, with best practices from accountants and self-employed professionals
  + stars: | 2021-02-24 | by ( Robin Madell | ) www.businessinsider.com   time to read: +15 min
Insider found accountants, tax preparers, and self-employed professionals to offer strategies that can take the fear out of freelance tax-paying requirements. "A deduction is allowed for the employer portion to reduce business income," Fishbein said. Instead, keep your own clean records and file taxes based on those. For the tax year, estimated payments are due in April, June, September, and January. The IRS notes that self-employed people are among those who may need to make estimated payments, according to their "The Basics of Estimated Taxes for Individuals."
☆ 6 ways to earn extra cash this holiday season that you haven't thought of
  + stars: | 2019-12-06 | by ( Kelly Burch | Read More | Read Less | ) www.businessinsider.com   time to read: +5 min
Many people try to generate extra cash to cover that expense, but not all holiday side hustles are truly flexible. These six ways to earn extra cash include helping prep college applications, leading holiday tours, and transcribing audio. With most Americans living paycheck-to-paycheck, many people are looking to earn extra cash during the holiday season to cover those expenses. Think back to your teen yearsRemember when you were a teenager and you were desperate for extra cash? You can even earn extra cash by helping people hang Christmas lights.
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