File Taxes As Self Employed – 15 Big Deductions
It might surprise you to know that your car, truck, home, insurance, your education bills, and even retirement savings can be used to get you a big tax break if you file taxes as self employed.
Those of you who are freelancers, contractors, or maybe just own your own business, have some unique and valuable tax deductions that you can take to offset business income. Our list here is by no means all inclusive, but we’ll show you 15 that you should consider. View full post…
Just because they’re bigger, doesn’t mean they’re better
We’re pleased to introduce EZ Tax to you. We organized EZ Tax to provide a service where DIY tax filers could do your own income tax online at a very economical price. We teamed up with an established online tax filing firm, 1040.com, to provide this important service for you.
We’re a wholly owned subsidiary of the HBS Financial Group, Ltd.. Our parent company is an accounting and tax preparation practice who has been in business for over 30 years. We prepared tax returns by hand at the beginning because there weren’t computers and software to do them.
So, we know how to do taxes online View full post…
How To File Taxes Self Employed With 3 Easy Tips
If you have a side gig as a freelancer or maybe you’re a small business owner operating as a sole proprietor, you now are or soon will be subject to self employment taxes. In case you aren’t sure what these are, we’ll show you how to file taxes self employed.
What are self employment taxes?
To begin with, it’s the social security and Medicare taxes that are assessed on the net profit of your gig or small business. If you were working for View full post…
Doing Taxes Yourself Online is Better Using These 10 Strategies
1. Make sure you know when the deadlines are – Normally, the filing deadline for personal tax returns is April 15, unless that day falls on a weekend or holiday. When doing taxes yourself online, be sure to file taxes electronically by that date.
If you plan on sending them in by mail, and we do not recommend this, make sure they are postmarked by that date. Due to the IRS staffing problems View full post…
How to Do Taxes Yourself Like a Professional, Even if You Are Not.
Although some accountants will tell you, learning how to do taxes yourself is not difficult. You also don’t need a college degree in accounting; most of the time, you don’t even need to see a professional tax preparer or go to a department store to buy an expensive tax package.
If you are reading this article, you may have a tax return that you can easily prepare on our online tax filing website. Plus, at EZ Tax, you pay one low fee of $25, no matter how simple or how complex your return is.
To have a simple return prepared by a professional tax preparer, you may have to pay a fee of $250.00 or more. Add in itemized deductions, or one or two tax credits, and the cost will be View full post…
Learn How to Do Taxes Online with Our 7 Easy Tips
I can tell you from my many years of experience in operating a tax practice, that learning how to do taxes online is not hard. If you’ve never done it before, it may appear to be a little overwhelming. However, if you have an average type of tax return, answering a few simple interview questions, and then typing in the information requested is about all there is to it.
With the changes brought about with the new tax reform act, many individuals who had been itemizing their deductions View full post…
File Your 1040 Online With EZ Tax for a Flat $25 Fee
Are you one of the many taxpayers who decide how and where to file your 1040 online every year? For some of you, it may be a tough decision because of the complexity of your taxes. You may have K-1’s coming in or maybe you operate a single member LLC that gets reported on your personal return on a Schedule C.
However, for most taxpayers, the new increased standard deduction provided by the Cares Act is now used instead of View full post…