When to File Your Tax Return and Determining Your Filing Status in 2020

When to File Your Tax Return and Determining Your Filing Status in 2020

When I was in high school, I wish there had been a Lifeskills 101 course or at the very least, a filing taxes for dummies course. I know that I would have appreciated the information especially when it came to how to fill out my tax form, figuring out my filing status, and most importantly- when to file my tax return. Of course, I knew that I had to file before April 15th but it would have been nice to know that I wasn’t limited to just filing before the deadline. As an aspiring work at home mom, I’m also going to be looking into filing as a business but that can wait for next year. I’ll share some tips for home business taxes later…

How To Avoid A Tax Audit

How To Avoid A Tax Audit

I try to keep good financial records, especially as I prepare for the end of the year when I want to calculate my finances (earnings and expenses) for my taxes. Is it a fun process? Absolutely not. But it does pay off, at least from an organizational stand point, to keep track of everything related to the blog. If I should venture further into working at home, which I plan to next year, I’ll up my game a bit when it comes to keeping track of finances. But, even if I’m incredibly prepared (or at least as prepared as possible) a tax audit could still be a possibility. Sure, it’s never happened to me but that doesn’t mean that it couldn’t happen to me in…