2021 Tax Information

2021 Tax Information

We know you came here because you have one important question...  

Will the library offer free tax preparation assistance this year?

Unfortunately, the answer to that question is no.  Usually we have volunteers from AARP come in to provide the free tax preparation.  They do not have enough manpower to continue to offer this service.  So here's what we've done to help you with your tax self-preparation.

Tax Forms

We have paper copies of basic tax forms available at some of our locations.  Give your preferred branch a call ahead of time to see if they have the forms you need.

You can also view and print tax forms directly from the IRS and Louisiana Department of Revenue websites.

Books

Your Income Tax 2021

J.K. Lasser's Your Income Tax 2021
prepared by the J.K. Lasser Institute

Step-by-step expert guidance walks you through the forms, calculations, and deadlines to help you file your taxes without the headaches. New changes including tax laws, IRS rulings, court decisions, and more are explained in plain English, backed by examples of how they apply to individual taxpayers like yourself. Explore your options in terms of deductions, income shelters, and planning strategies to maximize your savings and keep more of your money—without wading through volumes of dense tax code. This comprehensive yet accessible guide is your handbook for making your tax filing for 2020 easier than you thought possible.

Tax Savvy for Small Business

Tax Savvy for Small Business:  A Complete Tax Strategy Guide (published 2021)
by Frederick W. Daily

This book teaches business owners what they need to know about taxes for their small business and how to make the best tax-related decisions in all aspects of their business. It is completely updated to cover new changes to the tax laws under the recently enacted CARES Act, including short-term changes to the Tax Cuts and Jobs Act intended to help small businesses affected by the coronavirus pandemic. It has information on all aspects of taxes for a small business owner, from how to choose the best business entity to tax deductions, recordkeeping, business losses, payroll taxes, fringe benefits, retirement plans, and much more. It provides valuable tax-related strategies and information to help small business owners save money and run their business without running into trouble with the IRS.

Every Airbnb Host's Tax Guide

Every Airbnb Host's Tax Guide (published 2021)
by Stephen Fishman

Short-term rental hosts are entitled to many valuable deductions and other tax benefits. This book--the first of its kind--shows rental hosts how to take all the deductions to which they are entitled, pay no more tax than is legally required, and stay out of trouble with the IRS. It is completely updated to cover changes under the Tax Cuts and Jobs Act and the newly enacted CARES Act.

Every Landlord's Tax Deduction Guide

Every Landlord's Tax Deduction Guide (published 2021)
by Stephen Fishman

One of the biggest benefits of owning rental property is the many tax write-offs available to residential landlords. Every Landlord's Tax Deduction Guide shows small residential landlords how to take advantage of all the tax deductions they are entitled to. It covers this complicated area of tax law in easy-to-understand language using lots of examples, and covers all the key changes for landlords under the new tax laws. This book covers all the key changes for landlords under the recently enacted CARES Act, the Tax Cuts and Jobs Act , including provisions enacted specifically to help out businesses affected by the coronavirus pandemic.

Tax Deductions for Professionals

Tax Deductions for Professionals (published 2021)
by Stephen Fishman

Professionals are entitled to lots of tax deductions which can save them lots of money--if they take advantage of them. There are also key tax advantages related to business entity choice for professionals under the tax laws. This book explains everything professionals need to know to make sure they understand the best business entity choice for them and all the deductions they are entitled to take, including new and important deductions and tax benefits under the CARES Act. The book is organized into practical, easy-to-understand categories of the most commonly-used business deductions. It includes lots of interesting and relevant examples so readers can see how the deductions work and the context they come up in. It covers start-up expenses, the 20% pass-through deduction, health care costs, continuing education, professional fees, home office, and more.

Stand Up to the IRS

Stand Up to the IRS (published 2021)
by Federick W. Daily

The key to dealing with the IRS is to make sure you know your rights and what to expect so you can be prepared. With this book, you'll learn how to prepare for an audit, protect your assets from IRS seizures, and reduce tax penalties. You will also learn how the IRS works -- which will help lower your audit risk and you will be better able to deal with any IRS issues if they do arise.

Free Online Tax Prep

 

MyFreeTaxes.com brought to you by United Way and H&R Block

Not afraid to prepare your own taxes?  MyFreeTaxes makes filing easy!  United Way has partnered with H&R Block to offer their premium online federal and state tax preparation service, for free, to every household with a simple return.

Free Tax Preparation Services

 

Not quite comfortable preparing your own taxes?  No problem!  VITA provides free federal and state tax preparation for individuals who made $56,000 or less last year.  How it works:  taxes are prepared by IRS certified volunteers at strategic locations throughout throughout Northwest Louisiana.  For a full list of locations and hours, visit UnitedWay.  IMPORTANT! There are required documents to bring when getting your taxes filed. Click here to view and print the checklist.

Governmental Agencies

 

Internal Revenue Service falls under the US Department of the Treasury.  

  • Federal tax filing information here.

 

Louisiana Department of Revenue serves as the tax collection agency for the state of Louisiana.

  • State tax filing informaiton here.