TAX SEASON

If you grew up watching your parents get stressed around tax season, then you're probably not looking forward to filing yourself for the first time.

It’s now time to start gathering those W2s and all your financials together for Uncle Sam. This year you’ll notice some changes, especially when it comes to refunds.

You likely know what “income” means, and of course you’re aware of federal and state taxes, and the fact that we have to do them (or have them prepared for us, in some cases), every year. But how much do you know about income tax overall?

Tax season is officially here, meaning you have the next couple months to get those returns filed! This year’s IRS deadline is April 18.

Tax season is here and it’s early this year. You can start filing electronically on Monday, but will the returns be bigger or smaller this year?

Even for those of us who think we have some knowledge about anything tax related, it can be a stressful time. And it's certainly not a time when you want to play a guessing game.

Tax season can be a reason to laugh, as these famous TV episodes showed.

Are you knee-deep in receipts, 1099 forms and W2s? Or are you all done?

It is easy to put off doing your taxes until the last minute. No one likes to deal with the IRS, and sometimes, procrastination happens as a result.

Regardless of whether you’ve paid someone for help or tried to do it on your own, even just gathering all the data you need for filing your federal income taxes can seem daunting.

Given the pandemic, it’s fair to wonder how factors such as stimulus payments and Paycheck Protection Program loans could impact your filings. Below you’ll find a brief Q&A with Thomas explaining what you need to know:Do you have to claim your stimulus claims when filing your taxes? AdDoes the IRS look at stimulus payments as income? If unemployment compensation was received last year, you definitely want to include that on your tax return. Lawson hosts virtual roundtable on taxesIf you have additional questions about your taxes, stimulus payments and Paycheck Protection Program loans, you’re in luck.

Tax season and credit cards seem to go hand-in-hand like peanut butter and jelly, at least if you believe the findings of a recent study conducted by Credit Card Insider. Using SurveyMonkey to conduct an online survey of 3,114 adults from Feb. 3-5, Credit Card Insider found out the following information when it comes to how important credit cards are for people during tax season. 14% of respondents who expected to owe this year planned on using a credit card to pay their taxes. Of those expecting a tax refund, 40% had credit card debt. 75% of those with debt plan to use their tax refund toward paying it off.

JACKSONVILLE, Fla. – With tax season just around the corner, authorities are warning people to take steps to protect their personal and financial information so they can avoid falling victim to scams. On Tuesday, representatives from several agencies, including the Internal Revenue Service and Jacksonville Sheriff’s Office, met downtown as part of National Tax Security Awareness Week to share some tips to arm the public against fraud and identity theft. “Ironically, I’ve gotten them on my IRS cell phone, so they’re indiscriminate as to who they go to.”The best way to protect yourself is to safeguard your personal data. That means changing passwords often and making sure they’re strong. Also, never enter your personal details on an unsecured website, and avoid clicking on any links you don’t recognize.