Usеfulnеss оf Filing 1040 Income Tax Return

Usеfulnеss оf Filing 1040 Income Tax Return

Posted on 07. Feb, 2012

Different variants оf IRS form 1040 аrе аvаіlаblе аnd аt time іt bесоmеs confusing tо select whісh оnе wоuld suit уоu thе mоst. Аs thе nаmе suggests thе tax form 1040 ez іs supposed tо bе thе easiest оf thеm аll but stіll уоu mіght bе benefit mоrе frоm filing а 1040 оr а 1040A [...]

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Penalty Proof Your Tax Return

Penalty Proof Your Tax Return

Posted on 07. Feb, 2012

When you owe taxes and are late filing, penalties are assessed in addition to taxes due and the interest levied on the past due volume. The penalty is normally 5% of taxes owed for each month, or part of a month, up to five weeks (25%).

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Income Tax Preparation – Save Money Now

Income Tax Preparation – Save Money Now

Posted on 06. Feb, 2012

IRS 2012 tax season opened on January 17 and Federal tax preparation is now a priority. But at least you can save on the substantial cost of having your return done for you. You can e-file your own tax return free if you’re one of the taxpayers who qualify (most do). If you don’t qualify, [...]

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Giving To Charity and Get a Income Tax Deduction

Giving To Charity and Get a Income Tax Deduction

Posted on 06. Feb, 2012

During the holiday season many people say that it is greater to give than to receive. While offering to other people who are less lucky than ourselves is always something we should be thinking about, it can take on a more direct meaning around the holidays. Another matter that can be a big focus around [...]

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