tax credit | 2008 Taxes

Category Archives: tax credit

File Back Taxes

August 4, 2010 – 10:39 pm

The time has come and gone to file federal taxes and even if you haven’t yet filed with the IRS, it is still possible that backs taxes be filed for your benefit. Obviously, it’s best to pay off IRS back taxes as quickly as you can. The current approach of the government is to allow [...]

By Steve | Also posted in Tax Preparation, irs, tax planning, tax return, turbotax | Tagged File Back Taxes, filling of taxes, paying irs back taxes, turbo tax, turbotax, www.irs.gov | Comments (1)

IRS Garnishment

July 20, 2010 – 11:11 pm

Sometimes things go wrong and you cannot make those payments. I know a case where a fellow student defaulted on his student loan payments and paid the penalty at the hands of the IRS. The IRS was actually able to prevent him from accessing his income tax refund. This went on until the student loan [...]

By Steve | Also posted in irs, tax return, turbotax | Tagged income tax refund, IRS Garnishment | Comments (4)

Fast Tax Refund? Find out How

July 6, 2010 – 10:18 pm

Who would not want to have a tax refund straight away? Every tax payer would love to know that their income tax will be refunded soon. What is a tax refund by the way? It is when the tax you owe is less than the total amount of refundable tax credits claimed and the amount [...]

By Steve | Also posted in Tax Preparation, irs, tax planning, tax return, turbotax | Tagged fast tax refund, fast tax refunds, refundable tax credit | Comments (2)

Free Federal Tax Filing from the Biggest Name in Online Preparation

June 25, 2009 – 4:30 pm

Intuit’s TurboTax is now offering free online tax filing for your simple federal tax return. Get free preparation, free printing, and free efiling if you are filing a 1040 EZ form this tax season.

By Steve | Also posted in Tax Preparation, Uncategorized, turbotax | Tagged 1040 ez, 1040 ez tax return, federal tax return, free efiling, free federal tax filing, free preparation, free printing, help and tax savings tips, intuit turbotax, online tax filing, start your return today, turbo tax 2009, turbotax, turbotax 2008, turbotax 2009 | Comments (30)

Don’t File Your Taxes Yet If You Gave to Chile

March 10, 2010 – 3:01 pm

With the recent Chile Earthquake on the minds of millions of Americans, the US House of Representatives is looking to add a Chile donation special tax deduction similar to the one in place for Haiti relief efforts. If the measure is approved, charitable donations sent to help Chile victims of the earthquake will be deductable on taxpayer’s 2009 tax returns although the donations are actually being made in 2010. Donations would need to be made before April 15th, the tax filing deadline.

By Steve | Also posted in Tax Preparation, charitable giving, tax return | Tagged 2009 tax return, april 15th, chile, donations, haiti, tax deadline, tax deductions | Comments (2)

Claiming the Child Tax Credit for 2009

March 9, 2010 – 2:30 pm

The Child Tax Credit is an important and beneficial tax credit that you should file for whenever you are eligible. You can receive a tax credit for up to $1,000 for every child that qualifies. Children must be under the age of 17 in addition to other stipulations.