As part of tax law changes passed in 2017 (in effect for tax year 2018), there is a new tax deduction for self-employed workers called the Qualified Business Income (QBI) Deduction (also known as the pass-through deduction).
Self-employment can have complicated tax implications, but CBPP’s Get It Back Campaign has a new tax tool — the first of its kind online — that can help the self-employed calculate their estimated tax payments.
If you owe taxes and can’t pay them, don’t panic. File your taxes by the deadline and learn about your options. The important thing is to pay what you can and make a plan.
*Cross-posted from Off the Charts As we recognize the fourth annual Volunteer Income Tax Assistance (VITA) Awareness Day today, we also celebrate 50 years of VITA. This IRS-sponsored program trains volunteers to help millions of low- and moderate-income people file their taxes by providing accurate, free, and trustworthy tax preparation assistance. VITA sites are located...
You can’t tell whether someone has a disability just by looking at them. Disability includes a broad range of experiences. Blindness, deafness, and mobility impairment commonly come to mind when we think about the term “disability.” However, disability includes less visible conditions like chronic fatigue, intellectual disability, and mental illness.
Under the Affordable Care Act (ACA), everyone in the U.S. is required to have health insurance. If you don’t, you may have to pay a penalty fee.
Tax credits help families and their communities thrive. Sign up to help spread the word about these important tax credits and free tax filing. We send occasional emails with resources to help your work.
