Written by Tweet Well here we are, January and it is time to start getting your tax information ready. But what do you need? Twelve months have passed. With the economy the way it is many have already been thinking about their taxes, some haven’t. Getting things ready to take in [...]
READ MORE »Posts tagged taxpayers
Try TaxCalculator/excel1040 2010
Tweet A look at an Income Tax Calculator Doing it yourself? This spreadsheet is free. To save money many taxpayers, roughly 31% of those who don’t e~file, are completing their own tax returns. By hand, on paper. Several years ago I came across a wonderful item to help those “paper do-it-yourselfers”. It is called simply [...]
READ MORE »Should You File a Tax Return?
Tweet Do you ever wonder whether your income is high enough to warrant the filing of a tax return? Because the minimum income level varies depending on filing status, age, and the type of income you receive, it can be a bit complicated. Use the following guide to determine whether you must file a federal [...]
READ MORE »Do You Qualify for the Earned Income Tax Credit?
Tweet Millions of Americans forfeit critical tax relief each year by failing to claim the Earned Income Tax Credit, a federal tax credit for low-to-moderate-income individuals who work. Taxpayers who qualify and claim the credit could owe less federal tax, owe no tax, or even receive a refund. This year it’s even easier to determine [...]
READ MORE »Reads from last week
Tweet NEVER FORGET! 10 Things Grads Should Know About Retirement Planning - Brought to my attention via email from the author, this is great information for people who are just getting started. Too many people in their 20s simply don’t know the first thing about retirement planning or smart spending, and it’s because they’re too focused [...]
READ MORE »“. . . and here, we, go. . .”
Tweet The first of many new costs to paid preparers is coming. When I return to the blogging world on a regular basis, I will be covering this more, a great deal more. For now, know that it begins. . . My peers and friends in the “field” say there won’t be that much extra [...]
READ MORE »A little Professionalism, if you please.
Tweet Earlier this past week I noticed a post(1) from a blogging colleague. I mention this as although his said intentions were set and designed to inform taxpayers, I found not only a few things wrong with the post, but also felt like the post was an attack. The attack was not to just [...]
READ MORE »Making Work Pay tax credit
Tweet April 1st was implementation day for the Making Work Pay tax credit, and it wasn’t an April Fool’s joke. The American Recovery and Reinvestment Act of 2009 (ARRA), Congress’ most recent effort to “stimulate” our economy, contains this new tax credit, which will affect everyone when filing your individual return. You may be able [...]
READ MORE »The Truth About Paying Fewer Taxes.
Tweet I read a lot about the taxing world. Often I am searchingto find books to recommend to my clients to give them a better understanding how a tax return works and what is needed to make it work best and what they can do to minimize their liability. The Truth About Paying Fewer [...]
READ MORE »
