Author Archives: Admin2

Eight Things to Know If You Receive an IRS Notice

Posted on October 13, 2010 by Admin2

Did you receive a notice from the IRS this year? Every year the IRS sends millions of letters and notices to taxpayers but that doesn’t mean you need to worry. Here are eight things you should know about IRS notices – … Continue reading →

Posted in Income Tax | Comments Off

Does the IRS Owe You Money?

Posted on October 6, 2010 by Admin2

The Internal Revenue Service may have money for you. Was your income below the limit that requires you to file a tax return? If so, you may still be due a refund. If you have not filed a prior year … Continue reading →

Posted in Income Tax | Comments Off

Nine Tips for Taxpayers Who Owe Money to the IRS

Posted on September 29, 2010 by Admin2

Did you end up owing taxes this year? The vast majority of Americans get a tax refund from the IRS each spring, but those who receive a bill may not know that the IRS has a number of ways for … Continue reading →

Posted in Income Tax, Planning | Comments Off

Do You Need to Amend Your Return?

Posted on September 22, 2010 by Admin2

If you forgot to include some income or to take a deduction on your tax return – you can correct it by amending your tax return. In some cases, you do not need to amend your tax return.  The Internal … Continue reading →

Posted in Income Tax | Comments Off

Identity Theft and Taxes

Posted on September 15, 2010 by Admin2

Taxpayers need to be careful to protect their personal information. Identity thieves use many methods to steal personal information and then they use the information to file a tax return and get a refund. Here are 10 things the IRS … Continue reading →

Posted in Income Tax, Life | Comments Off

Five Tax Scams to Avoid

Posted on September 8, 2010 by Admin2

The Internal Revenue Service issues a list of the top 12 tax scams each year – known as the Dirty Dozen. The scams are illegal and can lead to problems for taxpayers including significant penalties, interest and possible criminal prosecution. … Continue reading →

Posted in Income Tax | Comments Off

Five Facts about the Making Work Pay Tax Credit

Posted on September 1, 2010 by Admin2

1. This credit – still available for 2010 – equals 6.2 percent of a taxpayer’s earned income. The maximum credit for a married couple filing a joint return is $800 and $400 for other taxpayers. 2. Eligible self-employed taxpayers can … Continue reading →

Posted in Credits, Income Tax | Comments Off

Six Tax Tips for New Business Owners

Posted on August 26, 2010 by Admin2

Are you opening a new business this summer? The IRS has many resources available for individuals that are opening a new business. Here are six tax tips the IRS wants new business owners to know. First, you must decide what … Continue reading →

Posted in Business, Business Formation, Entrepreneurship, Income Tax, Payroll | Comments Off

Six Tax Benefits for Job Seekers

Posted on August 19, 2010 by Admin2

Did you know that you may be able to deduct some of your job search expenses on your tax return? Many taxpayers spend time during the summer months updating their résumé and attending career fairs. If you are searching for … Continue reading →

Posted in Income Tax | Comments Off