Tag Archives: Taxes

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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Useful Tips from the IRS to Help Protect Your Identity

Identity theft is so prevalent these days.  It is too easy to have your social security number stolen.  It has actually happened to me.  Someone stole my identity and filed a tax return using my social security number.  Luckily for … Continue reading

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Summer Hiring? Know the Rules

Are you planning to hire temporary workers for the summer?  Are you a parent and own 100% of your business?  If so, it is imperative that you know the rules for summer hiring.   If you’re a parent and you … 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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