File Taxes

How to eFile Taxes

homepage — Tue, 22 Dec 2009 00:37:26 +0000

When you eFile your taxes, it saves you time and money. Free online tools will save you bundles over hiring a traditional tax accountant. The great part is, these online tools have only gotten better, and more efficient. But choosing the right software for your needs can be daunting. So let’s explore a few different [...]

Export Tax Data from TurboTax and Import into H&R Block at Home

NF — Mon, 21 Dec 2009 22:43:54 +0000

The new H&R Block At Home eFile now offers free importing tools for you to import previous year’s tax data from TurboTax as well as previous versions of TaxCut. We assumed the TaxCut import would be in place with this new release, but the TurboTax import is exciting. If you’ve been doing your taxes with [...]

What is the Earliest Date I Can File My Taxes for 2009?

NF — Sun, 13 Dec 2009 15:05:11 +0000

Eager to get those tax forms filled out? Ready to get your tax refund now? You can start filing your taxes as early as Janurary 1, 2010. In order to file taxes, you must have all your tax forms from your employer in hand — that is any W2s or 1099s from all jobs you [...]

The “Earned Income Tax Credit”

TK — Sat, 17 Jan 2009 01:50:07 +0000

The “Earned Income Tax Credit” also-known-as the EITC is a credit meant to help those who make very little income. The government offers those cititzens a chance to keep a little bit of extra money in their pockets by lowering their tax obligations. However, there are a few stipulations to receiving this credit. You must, of [...]

The “Make Work Pay Credit”…what it means for you

TK — Sat, 17 Jan 2009 01:22:14 +0000

We have all heard the word “stimulus” and a lot of us get a little happy feeling inside knowing that you are going to be getting back some of your hard earned money. This term is getting thrown around a lot, especially when it comes to our new President, Barack Obama. This week (January 12th) [...]

Obama’s “American Recovery and Reinvestment Bill”

TK — Sat, 17 Jan 2009 00:59:42 +0000

Just in the last few days, House Democrats have been hashing out a bill that is being called the “American Recovery and Reinvestment Bill” to hopefully stop the bleeding of our economy. This $825 billion bill is actually two bills in one. There will be $550 billion in spending that will be handled by the [...]

What If I Can’t Pay My Taxes?

TK — Sat, 10 Jan 2009 00:46:15 +0000

We all struggle to make ends meet sometimes. Just because it’s tax season doesn’t mean we can just make money appear. Here are some options for you if you find you owe the IRS money and you just don’t have it. Pay with a Credit Card - The IRS will accept major credit cards for payment. see: Pay [...]

Tax Deduction for Jury Duty

TK — Sat, 10 Jan 2009 00:30:18 +0000

No one likes to hear the words “jury duty.” You are forced to do your civil duty for 6-8 hours a day, stuck in a little wooden box away from your family. And you only receive $15 a day! Well, there is a way that you can deduct your jury duty. Some employers will pay full [...]

Pay Your Taxes With Your Credit Card

TK — Thu, 08 Jan 2009 00:58:50 +0000

Most people don’t realize that the IRS will accept any major credit card (Visa, Mastercard, Amex, or Discover) to pay your taxes. The easiest way to do this is, of course, to e-file. When you use TurboTax, TaxAct, or such software, you can input your credit card information right into their secure system. You may also do this [...]

File Without 1099s

TK — Mon, 05 Jan 2009 18:03:35 +0000

Just like your W2’s, you can file your taxes without your 1099 forms. A 1099 form is used to track your stocks sold, interest or dividend income, or your income if you worked as an independent contractor. It is always better to wait for the forms if at all possible, to ensure accuracy on your return, [...]