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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 | Posted in Tax Preparation, irs, tax credit, tax planning, tax return, turbotax | Also tagged File Back Taxes, filling of taxes, paying irs back taxes, turbotax, www.irs.gov | Comments (1)

Tax Deductible Items

June 3, 2010 – 5:17 pm

Tax deductions are a great way to save money on regular purchases within certain categories.

By Steve | Posted in Tax Preparation, arra, property taxes, tax planning, turbotax | Also tagged arra, deduction, schedule A, tax deductions, taxes | Comments (2)

TurboTax – A Free step by step Tax Program

April 5, 2010 – 9:02 am

Preparing for tax season can be a challenging time for many people in the United States. The US tax code is extremely lengthy filled and with tons of small print. Since this is such an involved process many people today decide to have their taxes prepared by professionals. However, thanks to tax software programs like TurboTax they don’t have to spend extra money to have their taxes prepared correctly.

By Steve | Posted in Tax Preparation, tax return, turbotax | Also tagged 2008 taxes, 2009, accuracy, free, save time and money, tax program, tax season, tax software, turbotax 2009, us tax code | Comments (1)

First Time Home Buyers Video from TurboTax

March 12, 2010 – 10:27 am

Great information from TurboTax about the First Time Home Buyers Tax Credit. This tax tips video tells of the expanded and extent tax credit that provides $8,000 to first time home buyers and $6,500 to long term home owners that are purchasing a new home before April 30th. Discover the fine points of the tax law including income limits, home qualifications, and ownership responsibilities after claiming the tax credit.

By Steve | Posted in Tax Preparation, tax return, turbotax | Also tagged claiming the tax credit, first time homeowners, income limits, long-term home owners, tax credit, turbotax | Comments (2)

Five Tax Credits You Should Claim

March 6, 2010 – 2:58 pm

If you are eligible for these five tax credits, you should claim them this year on your tax return. These credits will reduce the tax your owe directly and some can be refunded to you if you owe no taxes at all.

By Steve | Posted in Tax Preparation, irs, tax credit, tax return | Also tagged child and dependent tax credit, child tax credit, earned income tax credit, health coverage tax credit, retirement savings, savers credit, tax credits, your tax return | Comments Off

The Advantages and Disadvantages of Tax Preparation Software

February 12, 2010 – 10:41 am

It is often said that the medium is the message. This reminds us of Franklin D Roosevelt and his famous ‘fireside chats’ with the country. In an era where the television set did not exist, the radio was a great device that enabled conversation with the Americans. Through the radio, he could send his assurance to the American citizens’ homes and become one of them. A radio chat was definitely more effective and much more intimate than other mediums, like say, a grandstanding speech. It is certain that the medium, in this case, was the message itself.

By Steve | Posted in QuickTax, Tax Preparation, turbotax | Also tagged Tax Preparation, tax preparation software, tax software, taxes, turbotax 2009 | Comments Off

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