Tax season is open! If you still haven’t filed your taxes yet, you may be able to do so for free by using the tips in this article. I highly recommend using e-file when you file your taxes because your tax return is processed at least twice as quickly as a paper tax return. You [...]
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Actually, I don’t need my tax refund, not right away anyhow. But I’ve been hearing this comment frequently since tax season started, and even more frequently since the IRS announced the tax refund schedule. It seems as though this year the IRS implemented new anti-fraud measures in their tax software, which is designed to prevent [...]
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If you file your taxes with the IRS EFile, or with an tax software program that files your taxes online for you, then you are in luck – you will generally receive your tax refund much more quickly than if you file your taxes by mail. The reason is that electronic tax returns are easier [...]
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Starting this year, for tax year 2011, there is a new 1099 form in town. Many of us are already familiar with the 1099-MISC, especially if we work from home as contractors. The 1099 is meant for income that comes, in a fairly regular way, from sources that aren’t considered a “regular” job (which will issue [...]
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The end of the year is rushing to a close, which means now is the time to finish your plans for saving money on your taxes. While there are some things you can do after December 31st to lower your tax obligations, most things must be accomplished by the year’s end. These year end tax [...]
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I am old enough to remember Steve Forbes’s failed bids for the presidency back in 1996 and 2000, and young enough to have thought that his flat tax plan (which was the cornerstone of his campaign) was a startling new idea. Seeing new incarnations of the flat tax every four years as the race the [...]
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Now that the year is almost spent, many people are trying to figure out what they can do to reduce their tax liability. Now is a good time to prepare your finances for the end of the year, and try to figure out the best way to reduce what you owe. One way to do [...]
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