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 fact most tax payers have yet to receive all of the forms required to file the tax return. Federal law allows employers, as well as other companies preparing tax documents (such as bank, educational institutions, day care etc.), until January 31st to provide these documents to you. With that being said you may want to get a jump on things so here are some suggestions to make sure you get these documents in your hands ASAP. • Ask your employer: While many companies don’t have to prepare the forms until the end of the month they may be able to generate them easily, especially smaller companies. Make sure you check with your boss and/or payroll department and they may be able to get it for you on the spot. • Check your address: If you have recently moved, the forms could be sent to the wrong address. A lot of the time you may forget to update your address with those that don’t send to you on a regular basis. If this is the case they may be able to resend the documents. • Check online: Many reporting agencies such as banks, mortgage lenders, and school may post the required forms online. In most cases these forms are available online long before you would receive them in the mail so make sure to check. • Contact the IRS: If all else fails you can contact the IRS in early February and they can help you track down the forms and information that you need. In most cases the information will be reported to them as well and they should be able to help. Just make sure that before you call you have all of your personal information ready to dish out. Once you receive all of your paperwork you can submit your return with TaxSlayer.com. With that being said it is not too late to get started regardless of whether or not you have everything you need. You can still register today and get started. TaxSlayer has more tools than ever to help you get the maximum refund possible and our calculations are always guaranteed. So what are you waiting on?? Get started today!!!

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 can complete their return now (as soon as they receive all of their paperwork) and it will be held in a batch at TaxSlayer’s secure processing center and will be processed and transmitted immediately to the IRS as soon as they open for acceptance. TaxSlayer has a completely revamped and much more user friendly interface this year that makes filing your taxes with TaxSlayer faster and easier than ever before. Customers who file their return before January 17th can receive confirmation of their accepted return as early as mid-morning on the 17th and could have a refund direct deposited as early as January 26th…now wouldn’t a big refund be a nice way to kick of 2012??? Make sure you log on to TaxSlayer.com and register today, many returns even qualify to be filed COMPLETELY FREE!!!

No matter what you could want when it comes to doing your taxes, the IRS has probably got a publication out there to explain it. Coupling your publication with TaxSlayer.com tax software makes doing your taxes online a piece of cake. Here are a few of the most popular IRS publications. 1. Publication 17: Your Federal Income Tax. This is the overall guide to help individuals with their online tax preparation. 2. Publication 3: Armed Forces’ Tax Guide. This one is tax filing for the military broken down in bite-sized pieces. 3. Publication 334: Tax Guide for Small Business. Get rid of those Schedule C nightmares by understanding taxable income and legitimate deductions. 4. Publication 463: Travel, Entertainment, Gift and Car Expenses. Do you need answers for deductible employee expenses? You can find the answers to them here! 5. Publication 502: Medical and Dental Expenses. Don’t know if it’s a qualified expense? Check out this one. 6. Publication 503: Child and Dependent Care Expenses. Is soccer day camp deductible? In some cases it is. You can find other bits of useful information here as well. 7. Publication 504: Divorced or Separated Individuals. Legal fees paid for tax advice in connection with a divorce and legal fees to get alimony may be deductible. Read this publication to find out other potential tax savings. 8. Publication 521: Moving Expenses. Know what counts as a qualified moving expense. You may be pleasantly surprised. 9. Publication 525: Taxable and Nontaxable Income. Is your Social Security, Inheritance or Disability Income taxable? This is a great resource to find out if it is or isn’t! 10. If you don’t want to use the publications you should try out TaxSlayer.com’s ‘Bobby Videos’. ‘Bobby’ is a virtual tax guide and is one of the unique help features available to you as you do your tax return. ‘Bobby’ can explain common tax questions in layman terms. In addition, you can always refer to our help wizards or help center for more information. Whatever kind of taxes you need to do online, you may actually be able to find an entire publication about it. If not, there is certainly a chapter somewhere to help you do your taxes online. This list includes only a few of the many publications found within our software.

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-file, even though you will face penalties. Here’s how. Go ahead and file your tax return, even though you’ve put it off until past the deadline, because the penalties you already owe will increase if you don’t. E-file today and you can keep that from happening. The IRS charges a failure-to-file penalty at 5 percent of the balance due on your taxes per month. Even letting just part of a month lapse will tack on 5 percent- so don’t wait. The increase can be as high as 25 percent of the balance you owe. That is money you will save if you e-file now. The minimum penalty for a return over 60 days late is the less of $135 or the balance due. The IRS also charges a failure-to-pay penalty at 0.5% per month plus a monthly interest charge. The penalty cannot be more than 25% of the unpaid tax. The reality is that the tax deadline has passed and it is too late to file an extension. In order to save yourself some money and sanity, you should complete your return today and pay any tax due.