Recently I've written reviews on both TurboTax and H&R Block and have found that both of these tax programs are excellent programs and can help just about anyone file their taxes. Both of these programs easy enough to navigate even for those individuals with very little tax knowledge. Tax software is a great alternative to ... Read More
Tax Blog
H&R Block At Home 2010 Review
H&R Block At Home tax software is one of the top tax preparation programs available. H&R Block has been in business since 1955 and has become the largest tax preparation company in the country. One thing they have been lacking until recent years has been a solid tax preparation program that is available to individuals ... Read More
When Hiring a Tax Expert is Your Best Option
There is nothing more intimidating than dealing with the Internal Revenue Service regarding taxes owed. While not all situations require the need for a tax expert, there are some scenarios where you would be well served to consult the advice of a person who is well versed in tax collection. Here, we look at some of those ... Read More
Turbo Tax 2010 Review
Review of 2011 version for 2010 Taxes TurboTax is one of the most well known and most used tax preparation software. TurboTax has been around since the mid 1980s and they continue to improve the product each year that goes by. TurboTax keeps on top of the latest tax changes and tax forms. Each year they will release a new ... Read More
How to File for a 2009 Tax Filing Extension
If you are unable to file your taxes before April 15th, you can request a 2009 Tax Filing Extension. It's important to understand that filing an extension for time to file your taxes is not the same as filing for an extension of time to pay taxes due. If you owe taxes, they are still due by April 15th even if you haven't filed ... Read More
Increasing Rate of IRS Threats Spurred by Plane Crash?
Last year threats on the IRS have increased and in the past few weeks the IRS has been receiving threats at an increasing rate. The National Treasury Employees Union seems to believe that the threats are increasing because of the actions taken by Joseph Stack, the man who flew his plane into the IRS building last month which ... Read More
File Late Tax Returns to Take Control of Your Back Taxes
The easiest way to get out of trouble with the IRS over back taxes is to file your tax returns. If you've missed a year or more for filing tax returns, you may be wondering what sort of options are available to you. You can protect yourself with the following steps: Look For and Gather Tax Paperwork Get a copy of the tax ... Read More
Are You Owed a Tax Refund from an Unfiled 2006 Return?
The IRS has announced that there are more than $1.3 billion in unclaimed tax refunds waiting nearly 1.4 million people who didn't file their federal income tax return in 2006. If you did not file a tax return in 2006 (maybe because you were below required income limits) it may be in your best interest to file a 2006 return. If ... Read More
How a Tax Lien Will Affect You
If you're unable to pay taxes owed to the IRS before they're due, and you've made no attempts at setting up an installment payment plan or other means of payment – the IRS has the power to attach a tax lien to property you own. This typically only happens after the IRS has sent you a number of notices over many months to try and ... Read More
Income Tax Settlement More Likely This Year, According to IRS
The IRS made an announcement yesterday that it is more willing to work with taxpayers this year who have become unemployed or financially strapped. In other words, the IRS is relaxing rules on income tax settlement methods such as an Offer in Compromise, which is one way a taxpayer can pay less than they owe. Moreover, the IRS ... Read More
