Tag Archives: Tax return (United States)

Tax Carnival Ecstasy – May 9, 2013

Online Investing?

Online Investing? (Photo credit: Monkey Mash Button)

Welcome to the May 9, 2013 edition of Tax Carnival Ecstasy. We begin with a post from James Powell on credit and benefit changes for 2013 that is quite interesting. Bill Smith looks at how TurboTax has changed in the current year. And finally John Schmoll has a number of online brokers that he likes to use. Hope you enjoy all the articles, bookmark, share on your social sites, and come back real soon for more tax topics.

credits

James Powell presents Tax Credits and Benefits Changes 2013 – How They Will Affect

Read more at 2011 Taxes.

Tips On Preventing Tax Refund Identity Theft

Tax Refund Identity Theft

Tax filing tips can help someone prevent tax refund identity theft, but there are tax filing tips that can keep someone from becoming a citric of this crime when he is filing his taxes 2011 or his taxes for any other year.  There is vital information a person must place on every return. The return needs his name and his social security number. He needs to be honest about his income, but if more than one social security return is filed for the same  number may or may not send up a red flag. The … Read more at 2011 Taxes.

Why Use a Tax Accountant?

If you’ve ever tried to do your own taxes by hand, you know just how difficult it can be. If you’re not well-versed with IRS tax codes, you can really be sure that you are getting the maximum amount of deductions and credits that you are entitled to. If you are unsure of how to do a tax return or how to engage in tax planning, hiring a qualified tax accountant could be in your best interests.

Tax Planning

Hiring a tax accountant can provide you with the help you need in planning out your taxes. While most people simply … Read more at 2011 Taxes.

Tax Tips For Those Selling Their Homes

If you sell your house there are certain benefits that you may get from the Internal Revenue Service (IRS). Here are a few tax tips for consultants and you on how to benefit.

If you have used the home for two out of the last five years, you can exclude 250,000 dollars from your income, the capital gain is tax free. But you may not exclude the gain if you already did so on another house in the last 5 years.

You must report all gains that cannot be excluded under the $250,000 limit. And if there is … Read more at 2011 Taxes.

2011 Tax Cautions Delivered By The Internal Revenue Service Concerning Fraudulent Tax Returns

The Internal Revenue Service (IRS) Advises: Scammers might attempt to lure you in the church seat.

“A few con artists are within churches and additional areas, globally, attempting to lure individuals into sending them details by sending out fake tax return 2011 forms that say people have cash coming to them,” the IRS cautions.

“Folks are made to believe that they ought to file 2011 tax returns with the Internal Revenue Service to receive monies from tax credits, rebates and/or federal tax refunds, funds the recipients of these fake forms are not eligible to receive, stated the spokesperson for the … Read more at 2011 Taxes.

Why Everyone Should Use IRS Efile

E-filing the fastest way and easiest way to submit a tax return. Everyone is doing it. 99 million people in 2010 transmitted their tax returns electronically to the Internal Revenue Service. These 70% of the taxpayers know everyone should use this fast, easy service.

Starting in 2011 both the people who pay taxes and those who prepare taxes will see an important change. As of January 1, 2011 people who are paid to process 1040s must be qualified to submit these returns by e-file. Volunteers are exempt. Anyone requiring more information can find it at the IRS website.

Taxpayers … Read more at 2011 Taxes.