What to Know Before Filing Your 2017 Tax Return
Join our #CreditChat on Periscope, YouTube Live, Twitter, and Snapchat every Wednesday at 3 p.m ET. This week, we discussed what to know before filing your 2018 tax return.
The panel will include: Dr. Sean Stein Smith: CPA, CGMA, Assistant Professor at Lehman College (CUNY), columnist, and member of the AICPA Financial Literacy Commission; Shannon McNay: Personal Finance Freelance Writer ; Rod Griffin: Director of Public Education at Experian; and Christina Roman: Social Media Specialist at Experian.
We also featured financial tips all week on Snapchat.
Moments from our tweet chat.
Questions We Discussed:
- Q1: What are your top tips for anyone who is procrastinating filing their taxes? What’s the deadline?
- Q2: Are there any ways people can still reduce their tax bill for the 2017 year?
- Q3: Where can people go to learn about the deductions or credits they may qualify for?
- Q4: What tips do you have for first-time tax filers?
- Q5: What paperwork should you have prepared if you were self-employed in 2017? Do you have to report money you made under the table?
- Q6: Should you file your tax return if you can’t afford to pay your tax bill? What options are available?
- Q7: What happens if you miss the tax filing deadline?
- Q8: Planning ahead for 2018, are there any changes people should know about and prepare for next year’s filing?
- Q9: Also looking ahead, what are some common practices that can help reduce your taxes?
- Q10: Any final tips for someone getting ready to file their taxes?
Resource:
Sean Stein Smith’s “The Entrepreneurial CPA Show” – @CPAshow
