tax
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Blog
How to Request a Tax Extension
With Tax Day 2025 finally here, many of us are pressed for time to file our returns. You might be wondering, “Hey, what if I just… don’t pay my taxes at all?” And you’re not alone in this line of thinking. But even if you can’t pay right now, you absolutely want to file before the deadline. Fortunately, the IRS…
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Don’t Miss the Final Tax Return Deadline
The IRS tends to be something of a stickler when it comes to filing tax returns and paying taxes on time. And that time is ticking—there are only a few days left before the official April 15 deadline. If you think filing is a headache, just wait until you’re dealing with penalties and interest. Here’s what you need to know…
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Cyber criminals are using the US tax deadline to score a payday
Tax Day will be on the minds of millions of Americans as the deadline to submit their taxes on 15 April looms on the horizon, and it’s not just a hefty bill or error in paperwork that could cause problems. Cyber criminals are using tax season as an opportunity to trick individuals and businesses into handing over sensitive information. Microsoft…
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How to Protect Yourself This Tax Season
As the April 15, 2025, tax filing deadline approaches, you may find yourself joining the growing crowd of US taxpayers scrambling to find a qualified tax accountant. With a dwindling IRS workforce, trying to do taxes alone isn’t an attractive alternative, especially if you hit any snags in tax prep. Acumatica Cloud ERP Employees per Company Size Micro (0-49), Small…
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Tax Credits for Home Energy and Efficiency Upgrades
First, the Residential Clean Energy Credit, in place since 2022, provides incentives for clean-energy investments for your home. You can subtract up to 30 percent of the cost of a new clean-energy system—such as solar panels, solar-powered water heaters, geothermal heat pumps, fuel cells, wind turbines, or battery storage technology—from your end-of-year tax bill. You can include installation and labor…
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The Strangest Tax Deductions You Might Qualify For
With tax season in full swing, smart filers are looking to maximize every deduction available to them. We’re all familiar with common tax deductions like mortgage interest, charitable donations, and retirement contributions. However, there are plenty of unexpected deductions and other little-known uses for pre-tax money. Andy Phillips, Vice President of H&R Block’s Tax Institute, shares some more unexpected facts…
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Six of the Most Common Tax Myths in 2025
As the April 15 tax filing deadline approaches, it’s important to separate fact from fiction when it comes to preparing your returns. “Tax laws are often summarized for [the] sake of quickly explaining a potential benefit—or conflict,” says Andy Phillips, Vice President of H&R Block’s Tax Institute. “When details are omitted, it’s easy to misinterpret law or consider the advice…
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Start Using This Ultimate Tax Spreadsheet Now so You’re Ready for Next Year
Credit: Screenshot courtesy of Meredith Dietz. Time is ticking to file your taxes before April 15, 2025. If you’ve already do so, congrats! Now you can kick back and await that refund, right? Sure—but your relief will be short-lived. Once tax season rolls around next year, you’ll again find yourself frantically searching for receipts, statements, and other documentation needed to…
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US tariffs: how Trump’s tax is impacting big tech and beyond
President Donald Trump has announced that he’s imposing a tariff on goods from some of the US’s biggest trade partners: Canada, Mexico, and China. Under the executive orders signed on February 1st, Canada and Mexico will face a 25 percent tariff, while goods from China will be subject to a 10 percent tax. Energy resources from Canada will also have…
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Get Ready for the New Tax Year With H&R Block Tax Software
TL;DR: H&R Block Tax Software Deluxe + State 2024 for Windows/Mac helps you file your taxes and maximize deductions, and it’s just $39.99 on PC/Mac. There’s plenty to be excited about when building a business. Filing your taxes is more of a chore. If you want to make the process less stressful and max out your deductions, H&R Block Deluxe…
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