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How to Calculate How Much a Business Has Earned

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How to Calculate How Much a Business Has Earned

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How to Make Presentations and Present them

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How to Make Presentations and Present them

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Having your tax documents arrive in January or February gives you about two months to prepare your tax return by the usual due date of April 15. Plan the date when you'll start your return, and make sure it's early enough that you can plan another session or two in case you need to spend time locating more documents or getting help.

In general, experts recommend filing tax returns earlier rather than later. The earlier you file, the better your chances of avoiding tax-related identity theft, a crime that's on the rise. Plus, if you're owed a refund, you will get it sooner.

Tip: Think you need some extra time to file? Generally, you can file an extension giving you an extra six-months to submit your return, usually in October. But if you owe the government money, you still need to pay your estimated taxes in full by the due date, typically April 15, to avoid penalties and interest. And if you can't afford to pay what you owe all at once, the IRS offers payment plans.

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How to File Your Own Taxes: 6 Steps for Beginners

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Have questions about how to file your own tax returns? Whether it is your first time filing taxes on your own, or you are just looking for some simple tips, follow these 6 steps from Better Money Habits to help you guide you through the process.