Taxation is theft, but sometimes we can rig the odds in our favor and come out ahead when it is time to file our person income taxes. Now before you start calling the IRS to report to get me audited, what I am talking about is perfectly legal, in fact, it is encouraged!
So many Americans, young people especially, recent college graduates, single parents, Millenials in general, are not wasting money and not getting the most out of their return by paying someone to prepare their State and Federal Income Tax.
With the addition of the Affordable Health Care Act and new penalties for Americans without health insurance, it is easy to see how confusing understanding all of the tax laws can be. I am not discouraging you from seeking professional services if you require them, but in many cases, people think that by hiring a tax pro to file for them they will get a faster refund and more deductions.
This misconception often leads people to sign up for paid services, like e-filing and an audit checking, unaware that they qualify for a special stipulation that allows a large percentage of Americans to file both Federal and State income tax for free!
Popular Online tax preparation service will often entice you to sign up for free electronic preparation and filing of your federal but charge you to import your information and file the state returns. Once you have originally signed up for the year, it is too late to register for the free filing program.
Before you begin to prepare your taxes this year, check to see if you qualify for free state filing. I have used TurboTax for over a decade for myself and to show others how simple filing a 10W-EZ can be.
Taxation is theft, but sometimes we can rig the odds in our favor and come out ahead when it is time to file our person income taxes. Now before you start calling the IRS to report to get me audited, what I am talking about is perfectly legal, in fact, it is encouraged!
So many Americans, young people especially, recent college graduates, single parents, Millenials in general, are not wasting money and not getting the most out of their return by paying someone to prepare their State and Federal Income Tax.
With the addition of the Affordable Health Care Act and new penalties for Americans without health insurance, it is easy to see how confusing understanding all of the tax laws can be. I am not discouraging you from seeking professional services if you require them, but in many cases, people think that by hiring a tax pro to file for them they will get a faster refund and more deductions.
This misconception often leads people to sign up for paid services, like e-filing and an audit checking, unaware that they qualify for a special stipulation that allows a large percentage of Americans to file both Federal and State income tax for free!
Popular Online tax preparation service will often entice you to sign up for free electronic preparation and filing of your federal but charge you to import your information and file the state returns. Once you have originally signed up for the year, it is too late to register for the free filing program.
Before you begin to prepare your taxes this year, check to see if you qualify for free state filing. I have used TurboTax for over a decade for myself and to show others how simple filing a 10W-EZ can be.
A.M. Faulkner 