The Brilliant Blog

Shawna Echols March 14, 2022 What is a Tax Extension? As spring approaches, so do the tax deadlines. A tax extension can be filed by...

Here are the important tax due dates for February 2022:

Installing medically-related home improvements could lead to tax benefits.

Read on why you should consider filing for 2021:

Read on the new changes regarding the advance CTC and EIP and how they must be reconciled on your 2021 return.

If you chose to defer paying part of your 2020 Social Security tax obligation, half of that deferral is now due on Jan. 3, 2022.

Here’s what you need to do to get a new IRS identity verification:

Learn whether your business needs to file forms 1099-NEC or 1099-MISC.

Learn how the basis of an asset is used to calculate tax deductions for depreciation, casualties, and depletion, as well as gains or losses.

Here are the January 2022 tax due dates you need to know:

Learn more about the proposed major budget increase to the IRS and how it could affect you:

If you applied for the ERC in the last few months of 2021, you may be impacted by the IIJA’s retroactive changes.

Read about these new rules that will apply to digital asset transactions in 2023. The first crypto tax forms will appear in January 2024.

If you have a large estate subject to the estate tax upon your death, consider ways to give some of your wealth to your loved ones now.

Many disabled individuals qualify for tax credits and other benefits. Here are a few of them:

There may be tax benefits when you give holiday gifts to family members, employees, and others may yield tax benefits. Read more:

Here are important December 2021 tax due dates you need to know about:

During the holidays, many charities solicit gifts of money or property. Read these tips for claiming charitable gifts on your tax return.

Be sure to utilize all of the tax-saving strategies you can during the 2021 tax season.

Tax penalties aren't often intentionally accrued by taxpayers. Most whose wallets may be damaged do not know they are being penalized.