IRS Auditing Those Abusing Telephone Tax Refund

As you probably know by now, courts have ruled the IRS incorrectly collected a certain long-distance telephone tax. The IRS has implemented a refund program for people to recover the tax.

Online Tax Filing: Why File Taxes Online?

More and more Americans are filing their taxes online. Online tax filing is secured, convenient, and helps you stay on top of new deductions. In addition, you don't have to worry about getting to the post office just before the midnight deadline.

Estate Taxes

It is highly recommended that you contact a Tax professional to complete the Estate Taxes, especially if you do not have access to the decedent's most recent tax returns

Didn't Get A W-2 From Your Employer?

Working for an employer has its perks. One of them is you get a W-2 summarizing your earnings and taxes paid. But what if your employer didn’t issue one to you?

Didn't Get An Expected 1099-MISC Form?

If you are an independent contractor, you should receive a 1099-MISC form from businesses that paid you more than $600 for your services. Ah, but what if you don't receive one?

Canada's Tax Cheat Internet Spider-US Version Next?

Oh, Canada! In case you haven't heard, Canada is going after tax cheats in a very unique way using the Internet. If the effort is successful, one has to wonder how long it will be before the IRS follows suit.

Real Estate Property Scams Used by Assessors as Comparables Hurt Taxpayers

Artificially high real estate comparables inflate the assessment for your home. Most don't know the tax assessor seems to cherry pick the higher priced homes when coming up with your assessment value. If he doesn't, the blanket assessment seems to bench mark, lending for the more expensive. But what about out and out fraud?

10 Often Forgotten or Overlooked Tax Deductions and Tax Tips

Tax tips and tax deductions can save you thousands in taxable income. The IRS is only interested in claiming that which they are entitled to, but it’s up to you to determine what’s exempt from paying taxes on. The IRS has the literature to explain what is deductible if you know what to ask for or where to find it. Homeowners have the best advantage of itemizing their taxes and again, it’s up to you to know how to avoid paying too much. Let’s take a look at some often overlooked and legal deductions for your taxes.

Identity Theft Can Cause IRS Problems for You

As the internet grows as a business medium, identity theft is becoming a bigger problem by the week. Most people, however, don’t realize it can cause you problems with the IRS.

The IRS Says You Made Math Errors - Good News

Like Pavlov’s dogs, we all habitually collect the mail each day. Ah, but what if you get a notice letter from the IRS contesting the math on your tax return?

Home Based Business Tax Deduction Topic - Home Office

If you are self-employed and run you business from a space in your home, you may qualify for a home office tax deduction. This article will cover the requirements to qualify for a home office deduction.

Tax Return Online is a Hassle Free Way of Calculating Taxes

Tax return online is a simple method through which one can calculate the amount of money that they will have to pay as a tax to the government. Paying taxes in time is vital if you want to avoid any hassles from the income tax department.

President Bush's Proposed Health Care Tax Deduction

Nothing is more complex and difficult for politicians to deal with in this country than health care. Well, President Bush is about to enter the fray with a new proposal.

Interesting Insider Information on the IRS

If you get behind on your taxes, it can literally ruin your life. You live in fear of the IRS swooping in and taking everything. A recent internal report, however, reveals some interesting things about the IRS.

IRS Free File Program Available to 95 Million Americans

Most Americans hate preparing and filing their taxes. To take the sting off of doing them, the IRS free file program enters its third year.