Posted on Tuesday, December 24, 2019 at 9:44 am CST
American Tax Service has recently launched its new W2 finder services of H&R Block. The company has been offering some of the best tax-filing tools and now they have introduced the most advanced one amongst them all.
Source: American Tax Service
Posted on Monday, October 28, 2019 at 12:19 pm CDT
AmericanTaxService.org, the online tax help portal is pleased to present information and tools that will help calculate the H&R block tax refund. This is that time of the year where people go back and assess their taxes to understand how much of money they are likely to get back as tax refund. This free tool available here is one of best those are currently available online. One of the main reasons is that it breaks down the data into various sections for people to understand the tax situation. The other major reason is that it also includes other important variables such as the earned income tax credits, child tax, credit, family deductions and credits and many others that can influence the overall tax refund.
Source: American Tax Service
Posted on Friday, September 20, 2019 at 7:13 am CDT
AmericanTaxService.org is back with the latest topic for American Tax Payers. This time it is about Capital Gains on Home Sale and whether the sellers have to pay taxes or not to the IRS. Taxes are very complicated and due to less access to information many tax payers end up paying taxes unnecessarily. With regards to capital gains and their taxes, there are separate rules post 1997 and prior to 1997. And then there are rules for married couples wherein the rules are more favorable for couples rather than single homeowners. Also understand the special rules and special circumstances for military members. At the end the readers will also discover the benefits of filing their taxes online and how the free tax refund estimator will suggest the expected refund for the year.
Source: American Tax Service
Posted on Tuesday, September 10, 2019 at 10:38 am CDT
AmericanTaxService.org, an exclusive tax portal for American taxpayers is pleased to present the latest information on how to determine which medical expense is tax deductible. Despite buying the best medical insurance plan, many Americans end up paying huge medical bills. Understanding the tax break from such medical expenses can help tax payers reduce their overall medical costs. The information includes details on medical expenses that can be deducted and those that cannot be deducted; followed by the different between itemization and standardization. The article also helps taxpayers understand why it is important to pay their medical bills and consider itemized deduction for the coming tax season. There is also a section for understanding how to claim the medical expenses deduction; how to file form 1040 and attach schedule A.
Source: American Tax Service
Posted on Tuesday, September 10, 2019 at 10:37 am CDT
AmericanTaxService.org is a boon to tax payers. Taxes are quite a complicated subject and not all Americans are well versed with them. The process itself is confusing and to add to those woes are the ever changing clauses in the existing tax codes and laws. This is a site that helps taxpayers understand various types of taxes in detail and get to know the laws better. The portal also offers the latest updates and news from the industry. Click on the below link for detailed information on the Federal Income Tax Brackets Chart. The information is up to date and is obtained from reliable sources. The data is presented in a manner that is easy to comprehend and understand. At the end, the taxpayers will also know how to reduce the amount of income tax that needs to be paid to the Government.
Source: American Tax Service