Indiana Department of Revenue Offers Tax Tips, As Filing Season Approaches

The 2018 tax season is about to get underway, and the Indiana Department of Revenue has a few tips to help save you some money. Taxpayers with an adjusted gross income of $66,000 or less may file for free, with the INfreefile program. The Department of Revenue expects that almost 2 million Hoosiers will qualify for free filing this year.

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Year-End Tax Tips from the Internal Revenue Service

For most tax payers, December 31st is the last day to take actions that will impact 2017 tax returns, according to the IRS.

For instance, charitable contributions are deductible in the year made. This means donations charged to a credit card before the end of the year count for the 2017 tax even if the bill isn’t paid until 2018 and checks made to a charity count for 2017 as long as they’re mailed by the last day of the year.

Taxpayers are urged to refrain from preparing their tax returns until all necessary forms and documents are received. Needed documentation includes W-2 forms from employers and 1099 forms from banks and other payers. Continue reading

Protect Yourself from Scammers Posing as IRS

The Indiana State Police are warning residents to be weary of people calling and posing as the IRS. A number of citizens in the northern Indiana have reported calls from individuals claiming to be an IRS representative, demanding money and threatening legal action. As the police work to stop the perpetration of these false calls, the IRS has provided a few tips to ensure your safety. Continue reading

Avoid Common Errors When Filing Income Tax Returns

The income tax filing deadline is less than two weeks away. Many taxpayers may be rushing to complete paperwork to make the filing deadline which can lead to common errors.

The Internal Revenue Service urges taxpayers to slow down and take time to fill out required forms correctly. If forms are not completed correctly, it will likely take the IRS more time to process the paperwork. These are the 9 tax forms you need to know.

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