The IRS has pushed Tax Day 2020 to July 15th in light of the coronavirus outbreak. This delay now applies to both filing federal returns and federal tax payments, and many states are following suit and extending their tax deadline too. July 15th might seem like a long time away, […]
The IRS has pushed Tax Day 2020 to July 15th in light of the coronavirus outbreak. This delay now applies to both filing federal returns and federal tax payments, and many states are following suit and extending their tax deadline too.
July 15th might seem like a long time away, but experts are still recommending that you file as soon as possible. Hopefully you’ve already gathered your documents and have decided whether it’s a good idea for you to do your own taxes. Now, you might also might want to start figuring out where you’re going to file this year.
How you choose to file will depend on your particular tax situation. For instance, if you are a full-time employee and only have one W-2 to deal with, the process will likely be more straightforward and you can probably save a lot of money by filing yourself online.
If you are a freelancer, juggle a full-time job and a freelance hustle, or own your own business, filing online could also be a good option, though again, it will depend on your specific circumstances.
This said, many online tax sites offer tiered services with low-cost options for any situation. Which is great news. After all, the more money you save on your taxes, the more you’ll be able to put toward your other financial goals for the year.
Thankfully, given it’s the 21st century, there are plenty of different online services to choose from. From TurboTax to Credit Karma Tax, ahead are eight great, free, or cheap options. And it’s easy to get started, so why wait? Get the ball rolling so you can secure your refund.
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Every Question You Have About Your Taxes, Answered
The UK needs tougher rules to curb the dominance of Google and Facebook, including powers to break them up, the Competition and Markets Authority has said. It is concerned that the firms’ dominance in digital advertising raises barriers for new competitors. This may be pushing up prices for consumers, the […]