Ashlea Ebeling
speaker
2,002 appearances
38 recordings
1 series
first heard Jul 2022
last heard Feb 2025
Ashlea Ebeling’s voice in public audio — every appearance, attributed to the second.
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Appearances
So go ahead and do it.
So the IRS launched a pilot last year, something called IRS Direct File.
And that's where you actually go onto the IRS website and file your return right there.
Last year, it was available in 12 states and now it's expanded to 25 states this year.
And they say up to 30 million taxpayers would actually be eligible for it.
Yeah, I'd say I'm ready for it.
But like everyone, the challenge is getting your documents in order.
Well, figuring out where you're filing it is a big challenge.
Are you using the same tax software you did before?
Are you using the same tax pro you did before?
If you have big life changes, that might be the first time you reach out to a tax pro.
There are new ways to file taxes for free.
So on average, the IRS says that taxpayers spend 13 hours and $290 preparing and paying taxes.
Just for the tax prep.
So it's worth looking into different options.
So that's something that happens every year.
The tax brackets are adjusted for inflation, and that means it takes a little more income to move up into the next higher tax bracket.
The software does all that for you, so you don't have to really worry about it.
But when you look at that, you might want to make a last-minute retirement account contribution or health savings account contribution because things like that you're allowed to do up to the April 15th deadline, even though it counts for the 2024 tax year, and that could reduce your tax bite.
And depending how much your income's raising, you really might not notice the difference.
Showing 81–100 of 2,002 · page 5 of 101
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