Month: March 2012

Tax Help For Those Who Clean Houses And Drive Cabs

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For those who need help with their tax filing but cannot afford to hire a professional themselves, free help can be found right in their communities with IRS funded tax professionals. However, those that work for themselves may not be able to use this program if they have made a large sum of income from their business.

This is an unfortunate fact for those 13 million businesses that make under $50,000 a year, as this amount would allow them to qualify for the free help if they were filing as an individual. It is likely that a person who is … Read more at 2011 Taxes.

Use Turbo Tax To Help With Taxes

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For many people out there tax time may seem a confusing mess. There are many people who just need a little help with taxes. One of the options out there to help is turbo tax to help get your taxes done right.

If you are unfamiliar with turbo tax you may wonder what it is. Well it is basically software set up to help you file your taxes. With the help of this software you may actually find deductions you failed to notice before and even increase your final refund. By doing you taxes online as well there is no … Read more at 2011 Taxes.

Institutions That Provide Help With Taxes

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What to think through when you need help with taxes

The Internal Revenue Service has joined forces with a number of institutions to help certain individuals and families work through tax issues using the turbo tax system. This comes especially when closing dates for submitting income taxes is pending.

Here are some of these institutions.

The IRS, Department of Justice and the Community Relations Division of the Burlington Police Department through the Weed and Seed program provide free turbo tax preparation and e-filing to individuals with low income. However, only single individuals, earning not more than $30,000 per year, and … Read more at 2011 Taxes.

After Fierce Contention Over Payroll Tax, GOP Plays Offense To Dems.

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With reputations damaged after payroll tax cut squabbles, Republicans in congress fight to change topics by emphasizing job creation. Pushing legislation that would bring jobs to the suffering economy, the GOP contends that bills promoting energy and transportation services, as well as lowering business tax and promoting capital, will reinvigorate the weak job market.

On the other hand, Democrats fight to retain control by forcing the Republican vote on needed programs paid for by tax hikes on the highest wage earners, in an election year nonetheless.

Both legislative positions emphasize political strategy drawn from the fight over payroll. The battle … Read more at 2011 Taxes.

A Recent Poll Shows Popularity Of The Millionare Tax

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Most people agree with President Obama’s plan to require millionaires to put a significant amount of their income toward their 2012 taxes. However, the same people would prefer to see a cut in spending rather than a millionaire tax to help balance the federal budget. These results come from an Associated Press-GfK Poll.

The survey shows that Obama’s millionaire tax plan has a lot of support. However, his plan has not changed people’s opinions on how to bring down the budget deficit. United States deficits have been larger than $1 trillion dollars a year. Sixty-five percent of the people … Read more at 2011 Taxes.

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