April 15th is around the corner so we’ve rounded up a list of resources to help you file your taxes properly:
For general information, this is a helpful encyclopedia of tax-related topics. Each keyword links to either a helpful article on the issue, the applicable IRS webpage or other appropriate government webpage.
2. “Top 15 Most Frequently Asked Tax Questions” by ABC News
Need to know who you can can claim as a dependent, or if healthcare reform impacts how you file your taxes? Find these answers and more from this helpful article. There is also this resource from the IRS.
3. Get free help filing your taxes at the Santa Fe Community College
Need help filing your taxes but can’t afford to pay someone? Check out the SFCC. Each year they partner with the AARP Foundation’s Tax-Aide to offer income tax preparation assistance.
4. The New Mexico Department of Taxation and Revenue
Find everything you need to know about filing in New Mexico—for both individual and business—here. Also see their FAQ.
5. “Your W-2: How to Understand This Important Tax Form” by Dailyfinance.com
The W-2 is one of the most important tax filing documents. Make sure you know what you’re looking at by reading this article.
If you are going to file yourself, find all the forms and worksheets you need here on IRS.gov/forms-&-pubs. Instructions are included.
7. The IRS’ guide on self-employment taxes
If you work for yourself, here’s what you need to know about your taxes.
8. “What Happens If You Don’t Pay Your Taxes?” by U.S. News & World Report
Hopefully you’ll never find out first-hand, but if you’re having difficulty paying your taxes, here is an idea of what not coughing up the dough may look like.
9. “The Loan Interest You Can—And Can’t—Deduct on Your Taxes” by the WSJ
Like most Americans, you probably have debt. See what interest you can, and can’t, claim.
Need help finding someone to do your taxes? Here is a directory of tax professionals in New Mexico.
A New Mexican Perspective
