17th November 2009
If you own a business or are self-employed, then you are probably used to the idea of tax planning throughout the year. However, even if you are a regular wage-earning employee and do not have to worry about making quarterly payments, you should still get...
17th November 2009
The Obama Administration and leaders in Congress are quietly working on ways to further stimulate the economy. With unemployment rates continuing to climb, and a housing tax credit due to expire in a few weeks, there is pressure on the White House to do s...
09th November 2009
Whether or not the economy is improving, one fact remains the same: families all over the country are struggling to make their mortgage payments. Depending on your unique financial situation (the value of your home, changes to your income, missed payments...
09th November 2009
The IRS offers three (3) different payment options when it comes to the Offer in Compromise: Lump Sum Cash Offers, Short Term Periodic Payment Offers, and Deferred Periodic Payment Offer. However, the difference in these payment options is not solely the ...
30th October 2009
For most of us, the scariest thing in life is not a ghost, vampire, or witch, but a letter from the IRS. To celebrate the Halloween season, we have compiled some of the scariest IRS horror stories. They may not cause you to lose any sleep, but should at l...
30th October 2009
As the deadline to claim the first-time homebuyers credit gets closer and closer, more experts are predicting that Congress will pass some type of incentive extension within the next few weeks. In fact, there are reportedly over 5 bills currently being co...
16th October 2009
One of the groups being hit the hardest by the recession are elderly taxpayers. Recent studies are even showing that many retired citizens are being forced to rejoin the competitive work force in order to make ends meet. Some people mistakenly think that ...
16th October 2009
During the magical time of year known as tax season, millions of US taxpayers scurryabout to prepare their tax returns for eventual filing. However, since the 1040 filing process can be very complex, it is not surprising that taxpayers make mistakes when ...
13th October 2009
Everyone knows it is important to keep your tax related documents should you be audited. However, most taxpayers are unsure on which specific documents should be kept, and which are safe to get rid of. To help our readers looking for help with this topic,...
13th October 2009
Unfortunately, nearly any reforms on cap and trade will have a direct effect on taxpayers. This could be especially troubling in a time where many families in this country are already struggling to get by.
American Clean Energy and Security Act of 2009...
07th October 2009
Early in the year Congress enacted an $8,000 tax credit for first time homebuyers purchasing a house between January 1st and November 30th of this year. As you can tell, that November deadline is just around the corner. In order to qualify, your house mus...
07th October 2009
If you are having problems with the IRS or find yourself owing thousands of dollars in unpaid taxes, then you may want to get help from a tax lawyer. When you retain a tax lawyer, you are hiring someone to fight the IRS on your behalf. With an advanced kn...
25th September 2009
Now that the popular Cash for Clunkers (CFC) program has ended, consumers can no longer take advantage of a $3,500 or $4,500 rebate towards the purchase of a new car. However, the CFC program was just one of the many incentives the government has setup to...
25th September 2009
When seeking help with your taxes, it is important to seek out the highest quality tax services possible. If you make the mistake of going to an unqualified tax preparer then it could result in hundreds, or even thousands of dollars, in missing credits an...
22nd September 2009
An Individual Taxpayer Identification Number (ITIN) is a tax number issued by the Internal Revenue Service (IRS) for the sole purpose of filing tax returns (and it is not related to the United States Custom Immigration Service or the Social Security Admin...
