Tag: TaxTips - Page 2

#TaxTips

cody79

Can You Donate to Lower Roth Rollover Taxes?

Thinking about moving your IRA to a Roth and worried about the tax hit? Here’s the scoop: you can’t just send your tax bill to your favorite charity, but you can donate directly from your IRA to a nonprofit and shrink your taxable income. It’s called a QCD (qualified charitable distribution). So, if you’re feeling generous and want to save on taxes, consider giving straight from your IRA before you convert. It’s a win-win for you and your cause! #MoneyHacks #TaxTips #RothIRA #Charity #PersonalFinance #Finance

Samantha Casey

Small Biz Tax Surprises & AI Fixes

Did you know small businesses are the backbone of the U.S., but payroll taxes can trip up even the savviest owner? The IRS is spotlighting this during National Small Business Week. One big headache: missing payroll tax deadlines can mean big penalties. But here’s a hack—AI tools can help catch mistakes before the IRS does, saving you time and stress. Plus, watch out for those sneaky credit card fees—they’re adding up for both shoppers and shop owners! #SmallBusinessWeek #TaxTips #AIMoneyHacks #CreditCardFees #PayrollTax #Shopping

Joseph Livingston

Why Your Paycheck Needs a Quick Tax Check

Heads up: The IRS says now’s the perfect time to double-check how much tax is coming out of your paycheck. Think of it like adjusting your coffee order—get it right now, and you won’t get a bitter surprise next tax season. If you’ve had a life change (new job, baby, or side hustle), it’s even more important. Use the IRS’s free online tool to see if you’re on track. A few minutes now could save you from a big bill or missing out on extra cash later! #TaxTips #MoneyHacks #Paycheck #IRS #PersonalFinance #Finance

Christine Baxter

Is Your Tax Bill About to Surprise You?

Heads up, homeowners: your next tax bill could be a lot bigger, and most people have no idea it’s coming. The 2017 tax cuts are set to expire soon, which means you might lose out on some sweet deductions—like mortgage interest and bigger child tax credits. If you live in a high-tax state, you could get hit even harder. Now’s the time to check with a tax pro so you’re not caught off guard when the bill comes due! #HomeownerHacks #TaxTips #MoneyMatters #RealEstate #Finance

nkent

Need More Time to File Taxes? Here's Help!

Feeling the tax season crunch? 📅 Don’t worry, there's a rescue plan if you can’t hit the April 15 deadline. You can easily snag a six-month extension with IRS Form 4868—and breathe easy until October 15. Just remember, this extension only covers filing, not paying! Make sure to estimate and pay what you owe by April 18 to dodge penalties. If you're in financial trouble, the IRS might work with you on payments. Check out their website for more deets or consult with a tax expert! #TaxSeason #TaxTips #IRS #TaxExtension #FinancialPlanning #Finance

Emily Rogers

Student Loans & Taxes: What You Need to Know

Are you juggling student loans? Potential changes could affect your tax situation! From loan forgiveness taxation to shifts in repayment plans, staying informed is key. Consult a tax pro and keep up with policy updates to make smart decisions for your future financial health. 📚💰 #StudentLoans #TaxTips #StayInformed