Tag Archives: Taxes

Important tips if you’re recently married

If you are recently married or planning to get married, be sure to notify the appropriate agencies. This will ensure that there are no complications come tax season. The IRS – Form 8822 should be completed if you have a … Continue reading

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Check up on your charity

    These days you may receive several calls or mailings for making charitable donations.  Of course we all want to help out.  Money is very tight in this economy and no one wants to feel that they are being … Continue reading

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Avoiding an IRS Audit

No one wants to be audited by the IRS.  It is embarrassing and also draining emotionally.  It makes many people uncomfortable because it implies that you did something wrong.  But just because you are audited doesn’t mean that you did … Continue reading

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Are you in the market for a new job? Be sure to know your tax benefits.

The IRS frequently issues tips to taxpayers on various topics.  One topic of interest is tax benefits for job seekers. With so many people in the job market, the IRS feels that is imperative for job seekers to understand the … Continue reading

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There is still time to amend your tax return.

During the course of tax season, many people make mistakes when preparing their returns.  Some of the most common involve the filing status, number of dependents, total income and deductions.  Other mistakes such as computational errors are usually corrected by … Continue reading

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Keeping Good Records Reduces Stress at Tax Time

Although most people won’t be filing their tax returns for several months, the dog days of summer are actually a great time to start planning for the tax filing season by ensuring your records are organized.  Whether you are an … Continue reading

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Eight Things to Know If You Receive an IRS Notice

Every year, the IRS sends millions of letters and notices to taxpayers. Many taxpayers will receive this correspondence during the late summer and fall. Here are eight things every taxpayer should know about IRS notices – just in case one … Continue reading

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Personal calls on business cell phones. Is it time to pay up?

The IRS is looking to revamp a 2o year old law regarding employee use of company cell phones.  The law requires employers to track the amount of time employees spend on personal calls.  This is considered benefit income and can … Continue reading

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A New Way to Save

Many people have already discovered this great new way to save.  What is it you may ask?  Tax time is a great time to save because many people receive refunds.  In 2010 President Obama created the tax time Savings Bond … Continue reading

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IRS Seeks to Return $123.5 Million in Undeliverable Refunds to Taxpayers; IRS Reminds Taxpayers to Use E-file and Direct Deposit

Source: IR-2009-101, Nov. 5, 2009 WASHINGTON — The Internal Revenue Service is looking for taxpayers who are due to receive a combined $123.5 million in the form of 107,831 refund checks that were returned to the IRS by the U.S. … Continue reading

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