Tag: tax prep wake county

PROCRASTINATORS, START YOUR ENGINES!

For those of you procrastinators who haven’t begun on your taxes, you will need to file an extension. Almost all of you will need to file a form (4868) to get additional time for your taxes. Your CPA or tax preparer can file that for you or you may be able to do so yourself. […]

WHEN WILL I GET MY REFUND?

Many of you have already filed your tax return and may be wondering when you will get your refund. Although there is not an official calendar released by the IRS, you can estimate. Based on previous years, most citizens receive their refund within about 21 days. The soonest you will get a refund however will […]

STANDARD OR ITEMIZED DEDUCTIONS?

Will you take standard or itemized deductions for the 2018 tax year? You can also deduct the interest you pay on mortgage loan from your taxes but the limits have changed. For couples filing jointly you can deduct interest up to $750,000 instead of the allowable $1 million in 2017. If you are married taxpayers […]

TIME FLIES GET READY NOW

Looking at the calendar, it is now fourth quarter. Time flies, and taxes will be due as we move toward the new year. It’s not too early to begin your preparation. Will you have changes to your tax status for 2018? How will the new regulations effect you? There are many changes in tax law […]

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