Harless Tax Blog

Harless Tax Blog

How to use your 2017 tax return to save more in 2018

Friday, April 20, 2018

Source: cnbc.com

This spring, don't just stuff your completed tax return into a drawer. Go through it for savings opportunities you can seize right now.

More than 94 million tax returns have been filed as of March 30, still a long way from the more than 155 million returns the IRS expects to receive this year.

If you've already turned in your paperwork and received a refund — or a tax bill — take a moment to comb through your return.

This is especially important because your 2017 return marks the last time you'll be filing under the old tax regime.  See More

Last-minute tax tips for late filers

Tuesday, April 17, 2018

Source: cnbc.com

If you're waiting until the absolute last moment to file your taxes, you're not alone — and you're not out of luck.

As of the last tally, the Internal Revenue Service has received 103 million of the 155 million total returns the agency expects this year. (In fact, 20 to 25 percent of Americans wait until the last 14 days before the deadline to prepare their tax returns.)

But there is still time before Tax Day on April 17 to nail down everything you need — and take advantage of certain tax breaks before it's too late. See More