Tax time is upon us. The IRS will begin accepting tax returns on January 17th and TaxSlayer.com is already processing thousands of tax returns every day. The question is, what should you do if you don’t have all of your tax forms?? If you are without some of your tax forms don’t fret, as a matter of... [Read More...]
10. January 2012 23:13
Tax Industry News
It may not be close to April 15th yet but hundreds of thousands of Americans are getting a jump start on filing their 2011 tax returns. TaxSlayer is seeing increasing volumes of tax returns on a daily basis. While the IRS won’t being officially accepting returns until the 17th of January, customers ... [Read More...]
Earned Income Tax Credit (EITC) is a refundable credit. Refundable credits can actually increase your federal refund. Think of EITC as a ‘payment’ the Federal government gives to low- to moderate- income workers to get a break when they do their taxes. The catch is not everyone qualifies for EITC... [Read More...]
Even if you are not the owner of a small business, you may be able to take tax deductions on the business use of your home as an employee. The rules are very similar to those for a small business owner.
1. As you complete your tax return, keep in mind the area of your home must be used as a prin... [Read More...]
We know you’re out there. Yes, you, the taxpayer who owes the IRS and still hasn’t filed your tax return or requested an extension. Maybe you’ve put off filing your taxes for so long you’re in a panic and don’t know what to do. However, we’re here to tell you that you can still save money when you e... [Read More...]