Expect a Letter from the IRS in March
Friday February 29, 2008
The IRS will be sending out a batch of letters in March, and this time it will be good news.
The IRS will be letting people know about the stimulus payments, ... Read More
What to Do if You Owe the IRS
Wednesday February 27, 2008
You've finished your taxes, and you find that you owe the IRS. Oh no, what do you do? Here's five easy steps to handling a balance due.
1. Consider filing an ... Read More
Help with the AMT
Saturday February 23, 2008
The alternative minimum tax began as a way to ensure that taxpayers pay at least a minimum amount of tax. The AMT has a completely different set of calculations than ... Read More
Don't Overlook These Deductions
Friday February 22, 2008
The tax code provides many deductions, which function by reducing the amount of income that's subject to tax. Some deductions are "itemized" which means the total of those deductions must ... Read More
Web Sites That Help Answer Tax Issues
Thursday February 21, 2008
Taxes can be confusing. Fortunately we live in the age of the Internet, where tax resources are just a click away. There are a number of free answer services on ... Read More
Tax Relief for Foreclosures
Saturday February 16, 2008
People who have lost their homes through foreclosure or who have restructured their mortgage loans may qualify for tax relief. Normally, debts that are canceled by a lender are considered ... Read More
Must File for 2007 to Get 2008 Tax Rebate, IRS Confirms
Wednesday February 13, 2008
President Bush signed into law the Economic Stimulus Act, the legislation that provides taxpayers with a mid-year tax rebate. And the Internal Revenue Service has outlined its plans for how ... Read More
Congress Approves Tax Rebates for 2008
Saturday February 9, 2008
Congress has approved one-time tax rebates as part of a plan to stimulate the economy. Individuals will receive early tax rebates, businesses will be allowed to write-off additional investments in ... Read More
Senate Passes Stimulus Bill
Thursday February 7, 2008
The US Senate has voted on its own version of an economic stimulus package. The Senate package features early tax rebates of $300 to $1,200. Unlike the House version of ... Read More
Searching for Tax Humor
Wednesday February 6, 2008
Intuit is launching a contest to find funny tax videos hosted on the YouTube site. You can browse through submitted videos and vote on your favorites. The winner of the ... Read More
Free Tax Preparation Help
Tuesday February 5, 2008
You can get free help to prepare your taxes from volunteers around the country. Here's a list of resources.
Volunteer Income Tax Assistance Program (VITA) offers free tax prep service to ... Read More