1-800Accountant Blog

tax-deductions-work

Tax Deductions: What are They, and How Do They Work?

Out of all the different topics that fall under the umbrella of “taxes”, deductions have to be the most exciting. Most people are aware that deducting things from their taxes means that they get more money back on their refund. Or in the case of businesses, it means lower payments to the IRS each year. […]

should-i-use-form-1040-form-1040a-or-form-1040ez

What Happened to Form 1040A and Form 1040EZ?

Prior to the 2018 tax year, when you filed your personal income tax return with the IRS, you had a choice of three basic tax forms to select from: Form 1040, Form 1040A, and Form 1040EZ. The one you used depended on the deductions and credits you were planning to take. Well, no more. The […]