William's Tax Planning Blog April 2008 Archive

Stimulus Rebates Ahead of Schedule
The Treasury is apparently ahead of schedule for sending out the economic stimulus rebates. These additional tax refunds were scheduled to start going out on May 2nd, but are now ... Read More

Friday April 25, 2008 | permalink | comments (7)

Some Thoughts on the Mortgage Deduction
The deduction for mortgage interest is one of the most popular and well-known tax breaks available. A little less known is that the deduction has some limits, which generated a ... Read More

Thursday April 24, 2008 | permalink | comments (0)

Things to Do After Filing Your Return
Hopefully you've filed a return or asked for an extension of time to file. The next steps are to make sure you stay on top of your tax situation for ... Read More

Wednesday April 16, 2008 | permalink | comments (0)

File an Extension in about 6 Minutes
Six minutes: that's how long it took me to electronically file an extension and send payment to the IRS. And that included having to retype information because I wasn't reading ... Read More

Tuesday April 15, 2008 | permalink | comments (0)

Free Software Options
There's some free tax software options if you need to prepare your returns. Shelley Elmblad, About.com's expert on financial software, reviews the free file version of TaxCut, and I took ... Read More

Tuesday April 15, 2008 | permalink | comments (0)

Last Minute Filing Tips
Here are five things you need to do now, if you haven't already done so: File an extension, and the IRS will grant you another 6 months to file a return. Use ... Read More

Tuesday April 15, 2008 | permalink | comments (0)

Where Do Your Tax Dollars Go?
The federal government spends about $3.1 Trillion dollars a year. Just where does that money go? Jess Bachman answers that question every year with his amazingly detailed poster entitled Death and ... Read More

Monday April 14, 2008 | permalink | comments (0)

Finishing up Your Tax Return
I spoke to a friend tonight who wanted me to look over his tax return to see if there were any deductions he was missing out on. We went through ... Read More

Saturday April 12, 2008 | permalink | comments (0)

Deadline Approaching for 2004 Refunds
The last day to ask the IRS for a refund from the year 2004 is April 15, 2008. So if you need to file your '04 taxes, or forgot a ... Read More

Thursday April 10, 2008 | permalink | comments (0)

Need Extra Time to File? Get an Extension
I've been at the office filing extensions for all my clients. What's an extension? It's asking the IRS for an extra six months to file your tax return. And the ... Read More

Saturday April 5, 2008 | permalink | comments (0)

Owe Taxes? How to Pay the IRS
Having a balance due on your tax return is never welcome news, so here's some options for paying off your balance to the IRS. The first thing I would do, personally, ... Read More

Friday April 4, 2008 | permalink | comments (0)