….The Only Thing More Complex Than the Tax Code Is Figuring Out How to Fix It By Aaron Task | Daily Ticker April 18, 2011 Thanks to a quirk in the calendar, Americans had some extra time to file their…
Business Taxes, Personal Taxes
Tax advisers: Higher rates are coming
by Oscar • • 0 Comments
Tax advisers: Higher rates are coming By Bernie Becker – 04/17/11 05:27 PM ET As many Americans finish their returns to send to the IRS, some financial advisers say that, with deep budget deficits and the Bush tax…
Business Taxes, Estate and Gift Taxes, Payroll Taxes, Personal Taxes
Tax Return Penalties
by Oscar • • 0 Comments
The tax code contains a whole boatload of penalties. Some of these penalties related to tax returns failure to pay or failure to file are as follows: If you do not file by the deadline, you might face a failure-to-file penalty. If…
Uncategorized
Amended Returns
by Oscar • • 0 Comments
An amended tax return generally allows you to file again to correct your filing status, your income or to add deductions or credits you may have missed. Here are some pointers about amending your federal income tax return. Use Form 1040X, Amended…
Payroll Taxes
IRS Nightmare: What Employment Taxes?
by Oscar • • 0 Comments
IRS Nightmare: What Employment Taxes? Apr. 12 2011 – 9:19 am By ROBERT W. WOOD From Forbes You probably fear an IRS audit. See What’s Your IRS Audit Risk? That’s only natural, like fearing heights or spiders, no matter how…
Business Taxes, Payroll Taxes, Personal Taxes
Tips for Managing Your Tax Records
by Oscar • • 0 Comments
After you file your taxes, you will have many records that may help document items on your tax return. You will need these documents should the IRS select your return for examination. Here are five tips from the IRS about…