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Faqs On Filing Taxes In The Usa This 2017

By Author: Olivia Lily
Total Articles: 1

You are no doubt familiar with the popular saying – death and taxes; they are the only certainties in life. Now, as the 2017 tax season starts, we answer some of the common questions you may have about filing taxes this year.
What’s new about the 2017 tax season?
There are no changes in the 2017 tax season despite the change in government. Donald Trump has been elected as the President of the United States and is likely to come up with a new tax plan for US citizens. But that is not going to take effect this tax season.
The new tax provisions which the Trump administration comes up with will have an effect on how you pay taxes in the 2018 tax season. So for now, there are no major changes.
Should I file my income tax returns?
Well, you should certainly file your tax returns if you are a full-time worker. You may not need to file your tax returns if you are over 65 years old and have a low gross income.
Now, if you are under 65, and your gross income was at least $10,350 for singles or $20,700 for a joint filing made by a married couple, then you will certainly need to file your tax returns.
Filing taxes might be advantageous to you as you might be due refunds from the previous year. So this would allow you to claim income tax credit and other benefits.
Why should I choose your cloud-based accounting services?
It would make sense for you to choose any of our cloud-based accounting services such as Sage 50 Hosting,Lacerte Tax Software Hosting , Drake Tax Hosting, ProSeries Tax software Hosting, QuickBooks Hosting , ATX Tax Software Hosting or Quicken Hosting as you can access this software only when you’re going to actually file your taxes.
This means you can sign up for our plans on a pay as you basis. You don’t need to buy any of the accounting software and don’t need to pay for any software upgrades. For a small monthly fee, you will get an anytime, anywhere access to the best accounting software, whether it is QuickBooks or Quicken.
Should I hire an accountant?
If your tax returns are complicated, you should definitely hire an accountant or a CPA. It’s the CPA’s job to prepare taxes and they are eminently qualified for this task. However, if your tax returns are simple enough so that you can file them on your own, then you might as well do it yourself with the assistance of our cloud-based software such as QuickBooks Cloud.
How can I prevent getting victimized by tax fraud?
Yes, phishing scams have become very common. A phishing scam involves criminals sending you emails purportedly from the IRS, asking you to make a payment to a certain account. You should be very careful whenever you receive any emails that ask you to make a payment or when you are sent an attachment by email from someone you don’t fully know about and don’t trust. Make sure to have the latest anti-virus and anti-malware software on your computer.

More About the Author

Olivia Lily is the cloud computing expert, currently working with MyQBHost for managing cloud hosting infrastructure, security and maintenance.She have have more years of experience in QuickBooks Hosting and other tax and accounting software hosting, such as Peachtree, ATX, Drake, Lacerte hosting ect.

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