IRS Tax Tip 2010-17 Do I have to File a Tax Return? You must file a tax return if your income is above a certain level. The amount varies depending on filing status, age and the type of income you receive. Check the Individuals section of IRS.gov or consult the instructions for Form 1040, 1040A, [...]
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Do You Qualify for the EIC
IRS TAX TIP 2010-22 They are really going after those who file for this credit and do not qualify. Make sure you really are eligable. Start by reading this IRS tax tip. Be Sure to Know Whether You Qualify for the Earned Income Tax Credit The Earned Income Tax Credit, commonly referred to as [...]
READ MORE »IRS TAX TIP 2010-19
Get Your Refund Faster – Choose Direct Deposit If you want to get your refund as quickly as possible, just tell the IRS to deposit your refund directly into your bank account. By choosing Direct Deposit, you can get your refund much sooner than if you chose to have a paper check mailed to you. [...]
READ MORE »IRS info on EIC
IRS Marks EITC Awareness Day; Highlights Expanded Tax Credit WASHINGTON — An expanded Earned Income Tax Credit (EITC) means larger families will qualify for a larger credit, offering greater relief for people who struggled through difficult financial times last year, the Internal Revenue Service said today. The IRS and the Treasury Department marked EITC Awareness [...]
READ MORE »A Certified Public Accountant has been suspended by the IRS
OMG could it be so? What is the world coming to, someone with the backing of the IRS, with all the testing needed to “count beans” has been suspended from practice before the IRS. Humm, does this mean they are not sure non-CPA tax return prepares are faulty and they are the only ones doing things [...]
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