Due to the annual inflation adjustments, the IRS has updated the numbers affecting your 2019 tax return, including tax brackets and tax rates and standard deduction amounts. These are the numbers you will use in 2020 to file your 2019 tax return. If…
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An Individual Taxpayer Identification Number (ITIN) is a nine digit number, the Internal Revenue Service (IRS) uses as a tax processing number when people file their federal tax returns, who do not qualify for a Social Security Number (SSN) or Employ…
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Many people rely on Medicaid to cover the rising costs of nursing homes and other forms of long-term care. The other main method of planning is to purchase long-term care insurance. Whichever method you choose, it is important to develop a plan for y…
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The tax deadline passed this year, and you have not filed your Ohio State Tax Return. You are not alone. Many taxpayers procrastinate. It is easy to get busy and put your taxes to the side, while you wait to receive all the necessary forms. Before yo…
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Filing state taxes when you are serving in the military can be complicated and confusing. If you are on active duty and stationed in another state or overseas, you should have state taxes taken out of your pay for your Home of Record (HOR) or state o…
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You know you cannot afford to pay your tax bill this year. Things just got away from you and the filing deadline, usually April 15th, is creeping closer and closer. Some taxpayers find themselves wanting to ignore the dreaded news of how much they ow…
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Did you file your tax return return thinking your taxes were completed only to receive another tax form in the mail? Maybe you forgot about the part time job you worked for a couple of months at the beginning of last year, or your employer sent you a…
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The IRS and Ohio Department of Taxation announced in January, they will start accepting tax returns on Monday, January 28, 2019. The IRS expects to receive more than 150 million individual tax returns this season, and the Ohio Department of Taxation…
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Filing taxes can be very overwhelming. Just when you think you understand the process and are prepared, your situation changes: maybe you just got married, had a baby, or changed jobs. For tax year 2018, even if your situation did not change, the tax…
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