The IRS2Go app is an official Internal Revenue Service app that offers various user-friendly features. You can use it to make tax payments, check your tax refund status, and more. 

In addition, the IRS provides free tax tips during tax season and throughout the year. By signing up for these tips through the app, you'll receive helpful information about e-filing and tax credits in your email. 

The app provides easy access to local IRS office phone numbers and social media channels, including Twitter, YouTube, and Tumblr.

You can quickly locate and download the IRS2Go app from popular app stores such as Apple's App Store, Google Play Store, or Amazon Appstore.

You can get a 6-month extension to file by filling out the IRS Form 4868, which provides a new October 15 due date. Unfortunately, you will not get an extension for any tax payments due. 

IRS states you should estimate any taxes owed and pay by the regular deadline to avoid possible penalties. 

Also, the extension must be filed by the regular April 15 due date.

We are happy to answer your questions and file this for you.

File your return on time to avoid penalties. Then, arrange a payment plan with the IRS to pay your taxes over time. We can help you navigate this process and find the best solution for your situation.

The IRS has provided Form 1040-X to file an amendment to a previous year's tax return. 

Give us a call, send an email, or stop by. Even if you or someone else prepared your return, we are happy to answer your questions and help file the amendment.

Yes, you can claim medical expenses on taxes. For the tax year 2022, the IRS permits you to deduct the portion of your medical expenses that exceeds 7.5% of your adjusted gross income (AGI). 

However, not everyone can claim medical expenses on their taxes. It only works if you itemize deductions instead of taking the standard deduction. 

Be aware that the regulations and policies of the IRS are subject to change without prior notice. 

Rest assured. We are committed to informing you of the latest tax year details. Let us know your specific needs; we'll do our best to assist you.

Tax credits and tax deductions are two methods to lower your tax bill, but there are distinct differences. 

A tax credit reduces your tax bill by the specific amount of the credit. If you do not owe any taxes, refundable credits can even give you a refund. (Note: A non-refundable credit will not provide a refund if you do not owe taxes)

On the other hand, a deduction is an expense you can subtract from your income before calculating your tax bill. But, the value of the deduction is capped by the income tax bracket you're in.

For example, if you have a $100 tax credit, your bill is reduced by $100. However, if you have a $100 deduction and are in the 22% tax bracket, it only reduces the amount you owe the IRS by $22.

So, in this example, the tax credit gives you $100, while the tax deduction is only worth $22. 

Deductions reduce your tax liability by a percentage, but sometimes, credits can actually put money in your pocket.

Many IRS rules apply to each of these forms. Detailed information is available from the IRS website for the 1099 Form or the W2 Form. 

Or we're always available to answer any tax-related questions. 

EMPLOYEE INCOME

Employers use the Form W-2 Wage and Tax Statement to report compensation paid to their employees. 

NON-EMPLOYEE INCOME

Individuals who are not employees but work as independent contractors and receive payment for their services will be provided with a Form 1099-NEC at the end of the year if their earnings are $600 or more.

Individuals who receive compensation and are not employees or independent contractors are given Form 1099-MISC for any miscellaneous income such as rent, prizes, awards, healthcare payments, or payments to an attorney.