Tag Archives: Turbo Tax Federal Free Edition

Don’t Get your Refund Early

Tax Act

With tax season coming up, many people are already planning how they will spend their tax refund. In order to get more people coming through their doors, accounting companies are promising to give you the expected refund on a secured credit card as soon as your taxes are filed. In these hard times this is a tempting offer. After all, who couldn’t use a little extra money during these economic times? Although you may be tempted by these claims, there are a number of reasons why you shouldn’t be depending on this type of refund anticipation loan to pay Read more at 2008 Taxes.

Tips for Tax Lien Investing

Tax Act

When it comes to tax lien investing, there are several tips you need to keep in mind. First of, it would be better to buy liens at smaller countries. The individuals who are bidding for large companies to invest their money in tax lien certificates are institutional bidders. Since there will be less liens to go around, it’s possible they won’t bother to attend tax lien sales at smaller countries. Besides, the liens may also be smaller.

If you buy smaller liens, then you may get higher interest rate because there will be less competition. It would also be advisable … Read more at 2008 Taxes.

Tax Deductions Can Help To Improve Your Bottom Line

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Small Business Often Overlooks Tax Deductions

You can have a successful tax season in your small business if you plan all round the year so that the deductions are maximized. This requires that tax matters should be kept in mind at all times, and you must constantly look for methods of reducing your bottom line, while continuing the profitability of the company.

Expenses for Start-Up

The expense of starting a business is quite often overlooked by small businesses and this can give one quite an advantage when the tax season is being considered. It is possible to deduct the expensesRead more at 2008 Taxes.

Volunteer Tax Assistance

Volunteer Tax Assistance is available from an IRS sponsored program this tax season. This community-based program is operated by volunteers who will assist with 2010 tax preparation. The top ten items the IRS wants taxpayers to understand about the IRS sponsored volunteer programs are:

  1. There is tax assistance available for taxpayers that are 60 years old or older.
  2. This program offers free preparation to individuals or families who earn $49,000 or less.
  3. Electronic filing is available at all volunteer sites
  4. The volunteers have been educated on topics such as the child tax credit, homestead tax credit, and the
Read more at 2008 Taxes.