Essential Tax Tips and Resources for Freelancers

Essential Tax Tips and Resources for Freelancers

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Freelancing offers many benefits, but it can also make your taxes more complicated. If you earn an income as a self-employed individual and work for clients on a contract by contract basis, it’s important that you file your taxes as a business owner. This is good news for freelancers looking to save some money at tax time by writing off expenses, but it also means paying some additional taxes. Planning ahead and staying organized are key to reducing your taxes and maintaining compliance with tax regulations. So here are some tips from HBS Financial Group to help you avoid headaches – and possibly an audit! View full post…

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Cheating On Your Taxes

Cheating On Your Taxes

8 Ways You May Be Cheating on Your Taxes

There are many ways you can be cheating on your taxes without even being aware of it. Often times a well-meaning friend or relative will tell you that some type of income isn’t taxable because they’ve been doing it for years and the IRS hasn’t said anything. Ever hear that?  We all have, I believe.

Doing all you can to legally avoid taxes is okay, but it’s never okay to evade taxes. Maybe we’re “old fashioned” here at our firm, but we firmly believe that everyone should View full post…

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Speedy Online Tax Services

Speedy Online Tax Services

Online Tax Services Help to Avoid These 7 Tax Return Blunders

If there’s one thing that we can count on, it’s that tax laws are constantly changing. To help us to cope, the better online tax services, such as ours at HBS Financial Group, Ltd., offer assistance to avoid the seven most common tax blunders.

These mistakes are not only made by first time tax filers with a very simple return, but also by those who file more complex tax returns. It is our hope that listing these seven types of errors will help you to avoid them.

Failure to report all taxable income

This is probably the area that so many taxpayers fail View full post…

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Online Tax Preparation Made Easy

Online Tax Preparation Made Easy

Finally a Solution to Online Tax Preparation That Makes Sense

Now that you’ve decided to take advantage of the online tax preparation method of filing your income tax return, you need to select one of the tax vendors from the many listed in the search results.

You really need to select the one that will best supply your needs, and this will involve some research on your part. This guide may be of help to you as well. We’re assuming that you haven’t filed a tax return online before, so you may not be 100% certain on the services that you may need.

There are various factors to consider, as well as tax documents you need to have in hand before you start to look for an online tax filing service. Get all of your tax documents together such as W-2’s, 1099’s, and any other information that was sent to you.

If you’re not buying a home and don’t View full post…

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5 Free Tax Return Filing Tips

5 Free Tax Return Filing Tips

5 Free Tax Return Filing Tips to Simplify Filing Your Taxes

It’s a known and unfortunate fact that most individuals aren’t too efficient when it relates to tax return filing. We offer these free online tax preparation tips to help those who are disorganized and/or unprepared. Many are stressed out because they are not organized and it doesn’t have to be that way.

  • A checklist can be a big help in getting organized.

Making use of a good checklist will guide you in organizing all of the correct documents that you need. This one free tax return filing tip alone can make sure that you don’t miss any required details. Did we mention less stress? Getting your required documentation organized will allow you to View full post…

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How to File Taxes Online

How to File Taxes Online

How to File Taxes Online Faster with These Tips

There are many reasons to look for tax filing help, especially if you’re not sure how to file  taxes online. Many individuals feel that the tax laws are very complicated, and they’re simply not comfortable in filing their own tax returns.

For these individuals, tax filing help can come from a couple of sources. One option is going to a tax preparer and having him/her prepare your tax return. This may appear to be the easiest way out of your dilemma; however, the taxpayer is ultimately responsible for the return. Plus, the high fees can be a turn-off.

If the tax preparer isn’t competent, or makes an error or View full post…

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Lucrative Free Tax Filing Online

Lucrative Free Tax Filing Online

The Ultimate Guide to Free Tax Filing Online

Do you still take your tax records to a CPA or other tax professional for a simple return? Each year, millions of taxpayers are taking advantage of free tax filing online at one of the online tax filing firms.

Cost and convenience are the two major reasons for this change. Having a tax professional prepare even a simple return without itemizing, can cost several hundred dollars. Traveling to and from a tax professional can be very inconvenient as compared to doing your taxes online from the comfort of your home.

You’ve probably heard about the new tax law that goes into effect for 2018 tax returns. The primary change in this law raises the standard deduction to $12,000 for a single individual and $24,000 for a married couple filing a joint return.

Many taxpayers who had been itemizing deductions before will now get a larger deduction.  A further benefit is that you can prepare your own tax return and probably qualify for free tax filing online.

Choosing an online tax vendor

Finding the best online tax filing vendor for you isn’t really that hard either. There are probably six or seven major vendors, with the rest being affiliates of the major ones.

As you search to find the best online tax filing websites, you’ll discover various pricing options. Many have different pricing modules and pricing tiers. We know how confusing this can be and our program was designed for you, the taxpayer, in mind.

The best way to make the program fast and easy was to use an interview method to gather your information. Just by answering a few questions, the program knows what forms you’ll need and the type of return. It also knows what deductions and tax credits that you qualify for and automatically uses them.

Can free tax filing online be this easy

Once you answer the simple interview questions, you then enter the information from your tax forms. These would include W-2 (s) and other tax forms such as Form 1099 (s) for bank interest or dividends. If you itemize your deductions, it’s a simple matter to enter that information as well.

When all of your tax information from your forms is entered into the system, the software selects the forms. They’re all filled out, and your return is prepared. In a few seconds, the completed tax return is presented for your review.

You won’t be asked to pay until  you’re satisfied with the tax return. Then you can electronically file it with the IRS and your state. Or if you prefer, you can have our small fee deducted from your refund. No credit card will be required using that method.

Electronically file your return

One click now, and your return is on its way. Choosing direct deposit will speed up your refund also.

Several of our online clients have told us how easy the program was. They told us that they had their returns prepared in about twenty minutes.

We can attest to that because we use the same software program in our tax office for our many clients. You’ll notice as well that we only have three pricing modules with the first one being Free filing if you qualify to file a 1040EZ return.

Did we mention that there is no charge for e-filing? All returns are e-filed to the IRS and to the state(s) required.
We work hard so that you will get your federal and state tax refund as quickly as possible. Filing electronically with the IRS and your state is the way to go. Plus, if you choose the direct deposit method to a bank account, will get your tax refund faster.

Do a cost and convenience comparison

Comparing our price for free tax filing online with a tax professional is a no-brainer. We also compare well among the other tax filing websites. We encourage you to take our program for a free test drive so that you can see just how easy it is. You can actually prepare your entire tax return at no charge or obligation.

We designed our online tax filing tools so there wouldn’t be any guesswork in filing your taxes. The program was designed with you in mind and will guide you through the entire filing process with no difficulty. Plus, your return is guaranteed to be 100% accurate.

If you have a question or need help, our qualified USA based online tax support is ready to assist.

Filing taxes online is the way to go

One of the big advantages of filing taxes online is that you don’t need to be a tax preparer, nor do you need to understand our confusing and very complex tax code. Our highly intuitive software program is designed to review your information and to give every deduction and tax credit that you are qualified to receive.

We encourage you to try our program by taking a free test drive. You don’t have to wonder what type of form or schedule that you need…start anywhere and the program will know. You’ll always get the lowest cost return automatically, including the free tax filing online one.

Many of our current clients took that same test drive, and when they saw just how easy it was, they were convinced. So, if you want your tax return prepared with 100% accuracy and want to receive every tax credit and deduction that you are eligible for, you owe it to yourself to try our program. Free tax filing online means just that. You’ll be glad you did.

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File Taxes for Free Now

File Taxes for Free Now

The Ultimate Guide on How to File Taxes for Free

Do you still take your simple tax return to a CPA or a professional tax preparer? Don’t their high preparation fees seem excessive? The fact of the matter is that many individuals qualify to file taxes for free, but are still intimidated by the concept of taxes.

A few years back, I could understand this apprehension. But today, there is no reason to feel that way. Tax preparation software has become so intuitive and technologically advanced, it can literally prepare your return for you.

If your gross income is $100,000.00 or less, and it meets the IRS guidelines to file a Form 1040-EZ, there is no charge to file your federal return.

If your tax situation is in that category, it makes no View full post…

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Online Tax Preparation Services

Online Tax Preparation – It’s Easy if You Do It Smart

Online tax preparation is fast and easyTax season is fast approaching and many taxpayers should be aware of the various online tax preparation services that are available for them to file their tax returns.

Many still take their tax records to a tax preparer, even though they don’t have a difficult return. They end up paying a high preparation fee to the tax preparer as well. Plus, they actually make two trips to the preparer, one to deliver their information and the other to pick up their return and pay the preparation fee.

Filing taxes online has many benefits in addition to the savings in tax preparation fees. Each year, millions of individuals file their taxes online by purchasing a software program or by using one of the many online tax preparation websites that are available at low cost.

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Online Tax Filing – Is It Right for Me?

Finally a Solution to the Question – Is Online Tax Filing Really For Me?

Online tax filing is fast and easyIs there anything special that I have to do for online tax filing? I will have itemized deductions and also a small rental property this year. Can I still do my own taxes by filing my taxes online?

Many individuals have these very same questions and think that they have to take their taxes to a CPA. The plain and simple answer is YES – you can do your own taxes, even with the itemized deductions and the rental property.

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