Tax News Blog

Where is My 2013 State Tax Refund?

Posted by admin on May 20th, 2015
Last modified: May 20, 2015

How to check the status of your 2013 state tax refund

After filing your state tax return, you can track the status of your 2013 state tax refund by visiting your state agency’s tax refund status page. Click your state in the list below to go to that page:

AlabamaArizona
ArkansasCalifornia
Colorado Connecticut
DelawareGeorgia
Hawaii Idaho
Illinois Indiana
IowaKansas
KentuckyLouisiana
Maine Maryland
MassachusettsMichigan
Minnesota Mississippi
Missouri Montana
NebraskaNew Jersey
New MexicoNew York
North Carolina North Dakota
OhioOklahoma
OregonPennsylvania
Rhode IslandSouth Carolina
UtahVermont
Virginia West Virginia
Wisconsin 

Read the rest of this entry »

Filing A 2013 Tax Return : Fact vs Fiction

Posted by admin on May 13th, 2015
Last modified: May 22, 2015

Have you put filing your 2013 tax return on the back burner?

If your answer to that question is yes, you will want to sort out the facts from the fables before you are ready to get the job done. There is quite a bit of misunderstanding around when it comes to late tax filing.

For example:

 

Fiction: I can still e-file.

Fact: Unfortunately, you’ve missed the train on this one. October 15th, 2014 was the absolute last day for you to e-file your 2013 tax return as an individual. That’s because the IRS shuts down their e-file system on this date each year.

 

Fiction: I can submit my 2013 tax return online to the IRS.

Fact: Nope, sorry but you’ll need to download, print, sign, and mail your 2013 tax return.

 

Fiction: I can’t prepare my late 2013 tax return online because I need tax forms and tax tables.

Fact: You can prepare your return in just 10 minutes with Priortax now. No tax forms, no tax tables, no tax rates: the application pulls these for you. And with help from our tax experts, we’ll have you skipping to the mail box in no time!

 

Fiction: I can’t file my 2013 tax return because I still have a 2012 tax return to file.

Fact: Yes, you can. To avoid the snowball effect of penalty fees and interest though, you should file both returns as soon as possible.

 

Read the rest of this entry »

How To File 2008 Taxes in 2015

Posted by admin on April 6th, 2015
Last modified: April 6, 2015

Here’s how to get caught up on your late 2008 taxes

If you forgot to file your 2008 tax return, you should do so as soon as possible. Sure, it’s been 6 years since the tax filing deadline for that year, but you should still get caught up.

Here are two very good reasons reasons why:

  1. The IRS has up to 10 years to collect
  2. Late fees increase by the day if you owe tax from that year (the longer you wait, the worse the situation)

And an even better one:

  1. Uncle Sam is knocking at the door.

Before you get started, there’s something you must know: you won’t be able to e-file your 2008 taxes. In fact, the IRS shuts down the e-file system at the end of each tax season and that one was, well, a long time ago.

If I can’t e-file then how do I file?

With easy e-filing unavailable, it  means that after you have prepared your tax return and we’ve reviewed it you will need to download, print, and sign it before hopping over to the post office to mail it to the IRS or state.

So if you’re suddenly in a hurry to get that 2008 return out, you want to allow for some time ahead.

Follow these 7 Simple Steps

Here’s a convenient recap of how it works: Read the rest of this entry »

Can I File My 2009 Taxes Online?

Posted by admin on March 26th, 2015
Last modified: March 26, 2015

You can prepare your 2009 tax return online with PriorTax. 

Once, a long time ago, 2009 tax returns were due on April 15, 2010.

If you’ve been putting off filing your 2009 taxes since that initial deadline, you may wonder why you should bother filing at all?

There are a couple of good reasons you should do it.

For one, the IRS has 10 years to collect on any tax you owe. For two, tax penalties for filing late increase by the day and, by now, they have really built up. The longer you wait, the worse the situation.

The good news is that you can still prepare your 2009 taxes online with PriorTax.

Will I Owe the IRS Late Penalties?

If you owe the IRS from the 2009 tax year, plan on paying late penalties. These late fees include:

  • Failure-to-file: 5% of your tax due total for each month your return is filed late, up to 25%
  • Failure-to-pay: ½ of 1% of your unpaid taxes for each month or part of a month left unpaid (this amount is waived if you’re already facing the failure-to-file penalty)

The penalty for filing late can be ten times worse than the penalty for paying late. At the very least, file your 2009 return as soon as possible.

Then, contact the IRS to arrange to pay your tax bill. They can set up an installment plan that will work for you. Read the rest of this entry »

Can I E-File My 2014 Taxes after April 15?

Posted by admin on March 18th, 2015
Last modified: March 19, 2015

Yes, the very last day to e-file a 2014 tax return is October 15, 2015.

October 15, 2015 is the very last day you’ll be able to e-file a 2014 tax return.

However, after April 15, 2015 (the IRS tax filing deadline), your 2014 Tax Return will be considered late.

If you’re expecting a refund from your 2014 taxes, you won’t be penalized for filing after the deadline. On the other hand, if you have tax due, you’ll face IRS late penalties for filing after April 15th.

But, beware of IRS late penalties!

Plan on filing after the April 15 deadline? If you have tax due, you could end up with a nasty tax bill.

IRS late fees include the following:

  • Failure-to-file penalty: the penalty for filing late is 5% of the additional taxes owed amount for every month (or fraction thereof) your return is late, up to a maximum of 25%

  • Failure-to-pay penalty: late payment penalty is 0.5% (1/2 of 1 percent) of the additional tax owed amount for every month (or fraction thereof) the owed tax remains unpaid, up to a maximum of 25%. Read the rest of this entry »

How to File 2010 Taxes in 2015

Posted by admin on March 3rd, 2015
Last modified: March 19, 2015

Still haven’t filed your 2010 Taxes?  Need to do so in a rush?

2010 tax returns were due on April 15, 2011. Even though it’s been four years since the initial filing deadline, you should still file your 2010 taxes. For one, the IRS has 10 years to collect if you happen to owe.

If you’re avoiding filing because of a nasty tax bill, you should keep in mind that putting it off will only make matters worse. IRS late fees have been piling up and are bound to increase the further you get from the deadline.

The good news is that you can still prepare your 2010 taxes in 2015 online with PriorTax. No digging for tax forms. You can leave the complicated calculations to us.

Here’s how to file your 2010 Taxes:

  1. Create a PriorTax Account: Be sure the 2010 tax year is selected from the Tax Year drop down menu

  2. Enter Your Information: With your 2010 tax forms (W-2s, etc.)  in hand, enter your tax information by following the user-friendly PriorTax application.

  3. Review Your Entered Info: If you need to file a State Return as well, simply select both Federal & State in the Review Tab.

  4. Checkout & Submit: Once you’ve entered all the necessary information, you’ll pay and submit your tax return.

  5. Print, Sign & Mail: The PriorTax team will prepare and review your 2010 return. Once they’ve done so, you’ll be notified. At that point, you’ll simply need to print and sign it before mailing it to the IRS. Read the rest of this entry »

How To File Previous Year Taxes Online

Posted by admin on February 27th, 2015
Last modified: March 19, 2015
Filing previous year taxes may seem like a challenge but there’s no need to fret: we have the perfect late tax solution right here online!

Getting ready to catch up on some taxes you forgot to file? You may think that you have to hunt down late tax forms or tax tables. Well, you don’t.

In fact, PriorTax offers online tax preparation services for tax returns going back to tax year 2005. No forms needed, ever. You can even use our prior year tax calculator to see if you have a refund coming your way from 2011, 2012, or 2013.

Before you start you need to keep this prior tax filing fact in mind: you won’t be able to e-file your previous year taxes. The IRS only offers e-file services to current year tax returns. When the tax season ends, e-file ends. Period. Read the rest of this entry »

2013 Tax Tables

Posted by admin on February 23rd, 2015
Last modified: February 23, 2015

Before filing your late 2013 Tax Return, check out the 2013 Tax Tables

Whether you still need to file your 2013 tax return or you’re wondering what the 2013 tax rates were compared to the 2014 rates, you’ll need to check out the 2013 Tax Tables.

Your 2013 Tax Rate will be dependent on your filing status and your income earned in 2013.

Keep in mind, this 2013 Tax Table is directly correlated to the 2013 Tax Return. Although the 2013 Tax Return deadline was April 15, 2014, you can file your late 2013 Taxes on PriorTax. Read the rest of this entry »

File a Late 2011 Tax Return in 7 Steps

Posted by admin on February 17th, 2015
Last modified: March 19, 2015
File your late 2011 taxes in 2015 with PriorTax.  If not, IRS late fees will continue to grow.

Sometimes it seems easier to put off doing something rather than actually doing it…. Well, atleast that’s what we tell ourselves.

When it comes to preparing taxes, this often seems to be the case. After all, you have other things to do.

Although it’s tempting to leave your 2011 taxes on the back-burner, it’s a better idea to get it done with.

Here’s why you’ll want to file your late 2011 Tax Return ASAP;

  • the very last day you’ll be able to claim a 2011 refund is April 15, 2015
  • if instead, you owe the IRS tax on your 2011 taxes, your late fees continue to increase as time passes Read the rest of this entry »

How To File 2013 Taxes

Posted by admin on February 4th, 2015
Last modified: February 17, 2015
Here’s How To File 2013 Taxes Today

It’s time to file your 2014 taxes but you still need to file your late 2013 taxes. No need to panic- PriorTax is here to help!

However, you shouldn’t wait any longer to file. In fact, IRS late fees and penalties are increasing by the day.

You should also know that although you can prepare your late 2013 return online, you’ll be required to paper file it.

How To File 2013 Taxes Today

If you’ve waited until now to file your 2013 Taxes, it’s best to get it out of the way sooner rather than later.

The deadline to file 2013 Taxes was April 15, 2014. For those who requested an extension on their 2013 tax return, the deadline was October 15, 2014.

As of October 15, 2014, the e-file system for 2013 returns shut down. With that said, you can no longer electronically file 2013 taxes and will be required to paper file your 2013 tax return.

Rather than wasting time trying to do the calculations yourself,  you can prepare your 2013 Taxes online with PriorTax! Here’s how;

  1. Gather your 2013 tax documents
  2. Create an Account on PriorTax
  3. Enter your information (including your personal information, income and any deductions or credits you may qualify for)
  4. Pay and submit your information
  5. Wait for the PriorTax team to prepare your tax return
  6. After a few business days, you’ll receive an email notifying you that your tax return is available for download. Download your tax return.
  7. Print your 2013 Tax Return
  8. Sign your 2013 Tax Return
  9. Mail your 2013 Tax Return to the IRS (and if applicable, to your state)
  10. Sit Back and Relax! Read the rest of this entry »