IRS To Delay Tax Refunds to Millions of Homeowners Own and home and pay interest on a mortgage? All taxpayers who want to deduct their mortgage-finance charges and related real estate costs must file a lengthy itemized return, rather than the simple 1040-EZ Form that can be completed by those who take the preset standard […]
2010 Year End Tax Tips
A little year-end financial planning could make your 2011 less stressful. Stacy Johnson explains… Questions or comments? Use the “comment” link below to contact us.
Should the Rich Pay Higher Taxes?
Should the Bush era tax cuts be allowed to expire? We’d love to hear what you think on this debate. Click the comment link below and tell us if you think only the rich should pay higher taxes.
Homebuyer Tax Credit: 950,000 Taxpayers Must Repay
Nearly 1.8 million taxpayers claimed a total of almost $12.5 billion under the popular first-time homebuyer tax credit program, but more than 950,000 taxpayers will be required to repay the credits because their homes were purchased in 2008, according to a U.S. Treasury report released recently. And many more may have to repay the credits […]
The Coming 1099 Tsunami
The Coming 1099 Tsunami Thanks to health care reform, a new law will unleash a flood of 1099 forms on small businesses. What does health care reform have to do with all this? Stacy Johnson explains in this short video: Have questions or comments about this article? Send them to us via the “comment link” […]
Taxes: Your Odds of an Audit
Taxes: Your Odds of an Audit Now that everyone (except late filers) have filed their taxes for 2009, you may be wondering what your odds are of getting audited for the return you just filed. Stacy Johnson explains… Questions or comments? We’d love to hear from you. Just use the comment link below and tell […]
Need Cash? Ask the IRS
Need Cash? Ask the IRS If you need a little extra cash, here’s an unexpected place you might find it. Have questions or comments? We’d love to hear from you. Just click the “comment” link below and tell us what’s on your mind.
Your Income Tax Audit Odds
Your Income Tax Audit Odds What are the odds that you will be audited by the IRS this yea? Stacy Johnson answers that question in this report: Have questions or comments? We’d love to hear from you. Just click the “comment” link below. Don’t worry, your email address, although required to comment, will never appear […]
How to Claim the New Home Tax Credit
How to Claim the New Home Tax Credit If you benefited from the U.S. Homebuyers Tax Credit in 2009, and now want to apply it to your tax forms prior to April 15, here’s a handy step-by-step guide in doing so — easily and accurately. The primary takeaway from homebuyers who qualify for the tax […]
Can’t Pay Taxes? What Do You Do?
Can’t Pay Taxes? What Do You Do? With tax time upon us, many people are suddenly realizing they don’t have the money to pay their taxes. What do you do if you find yourself in this situation? If you have questions or comments, use the comment link below. If you can’t pay your taxes, don’t […]