TAX DUE with Black lady with shocked face What to Bring to Tax Appointment

What Does Federal Tax Due Mean? Don’t file without knowing this.

Did you get that infamous statement: Federal Tax due now?

When April 15th comes around, you can feel a tinge of anxiety in the air. That’s because there are tens of millions of people who will owe money to the IRS. Now, this is the funny thing about the Internal Revenue Service – they tend to be pretty persistent about wanting their money.

So, you really need to know what the term “Federal Tax Due” means. Knowing this term can keep you in the good graces of the IRS for at least the next 12 months.

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Lasik surgery with lady with blue eye

Is Lasik Surgery Tax-Deductible? The Surprising Secrets You Must Know!

Knowing if your Lasik surgery is tax deductible is just the first question to ask yourself.

There’s quite a bit of complexity when it comes to elective medical procedures, especially with insurance. These operations can often cost a lot out of pocket, so taking advantage of potential savings and recuperation is important.

Lasik surgery is an extremely useful procedure that can eliminate the need for glasses or contacts. This in itself can save quite a bit of money over time, but it may be able to reduce your tax burden as well.

So is Lasik tax deductible?

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Child Tax Credit with family in sunset over ocean

Child Care Tax Credit: Think Twice Before Getting it This Year

Are you trying to figure out if you will receive the Child Care Tax Credit this year?

As you may know, the government allows for certain tax advantages if you have a child under the age of 18. Recently the government started distributing monthly advance payments of these credits in July through the Advance Child Care Tax Credit Payments.

Let’s go through everything you need to know about the current rules surrounding this updated program, if you qualify and if you should take advantage of this credit.

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Freelance title on laptop with notepad and pencil

How to File Quarterly Taxes: Full Guide for Content Creators and Freelancers

Trying to figure out how to file quarterly taxes can be tough. I get it!

Being your own boss has amazing perks. You set your own hours, create your own rules, and the sky is the limit in how much you earn. But, there’s a downside – you’re also responsible for paying your own taxes.

Since you don’t work for an employer who would take your taxes out of each paycheck, you must send your tax payments to the IRS yourself, quarterly.

It’s a big responsibility, but once you get the hang of paying quarterly taxes, it becomes just another business chore you must handle.

Here’s what you must know.

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Waitress taking orders

What is PIF Tax and How Does it Affect You?

While you’re out enjoying yourself around town, you may have noticed a “PIF Tax Fee” on your receipt.

PIF stands for Public Improvement Fee and believe it or not, it’s not a tax. PIF is a fee that is paid directly to the owner of the land or developer of a property and it’s not collected by the government like most people assume it is.

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