Oh My God - The Home Office Deduction!

Think of everything when considering a home-based business and the home office deduction. Remeber, income tax deductions are but a revenue enhancement. The most important part of starting a true business is its economic benefits, with income tax benefits to be considered later.

Tax Attorney Discusses the Civil Tax Fraud Penalty

Denver, Colorado tax attorney discusses the civil fraud penalty and what it means for unsuspecting taxpayers.

Real Estate Taxes

Everyone pays taxes all their lives. We pay taxes on our purchases as well as property tax to cover the road in from of our homes, the school down the street and the value of our home.

College Families Will Be Overpaying the IRS – Again!

Families who made their best guess as to which of the Education Tax Incentives would save them the most on their income taxes, have put their 2006 tax returns to bed. However, for many, a sigh of relief is a bit premature. Countless families, even when assisted by professional tax preparers, chose incorrectly and will or have significantly overpaid the IRS – AGAIN!

Form 1040EZ Tax Basics

The 1040EZ tax form is specifically for individuals who meet certain criterion. These individuals may not even know who they are. That's why the form 1040EZ tax basics are so important to understand and know. The following information on the tax form will help you understand better what you need to know.

Married Couples Beat The Estate Tax

Next to the Alternative Minimum Tax, the Estate Tax is one of the more brutal taxes we have. If you are married, you can get around it.

Income Tax Deductions For Estates

They say death and taxes are the only two things you can count on. Unfortunately, dying is taxable. Who would have thunk it?

Federal Tax Information

The IRS web site has helpful information and forms you can download. Now is the time to finish your tax returns, since time is running out. You have many tax return options, which you can get money back for telephone, direct deposit refunds, home heating, and more.

Tips on How to Survive an IRS Audit

Many people start to panic after they find out that the IRS has selected their tax return to be audited, but an IRS audit is nothing to be afraid of. It does not mean that they are out to get you and that they know you have broken some kind of tax law.

Above the Table, or Not - How to Ensure Tax Compliance For You & Your Eldercare Employees (Part 1)

With the older population in the United States on the rise, the need for household employees to provide care to them, as well as the need for the household employer to comply with payroll tax laws for those employees, is greater than ever.

Tax Deductible Items - How to Find & Use More

You probably already know that finding and using more tax deductible items can lower your tax bill. But how do you find and use these valuable tax deductions? Easy... You can go to Turbotax online and use their tax deduction maximizer to find more tax deductible items that are available to you. There are over 350 tax deductible items the maximizer will search and show you how to qualify for.

Tax Day 2007 - Update From The IRS

On January 24, 2007, the IRS issued a press release. It announced the new filing deadline for 2006 tax returns for most states.

Free Tax Calculator - Free Tax Estimator

An online tax software program such as Turbo Tax Online 2006, does more than just prepare and file your tax returns. It offers advanced tools like tax calculators and tax estimators to help you when preparing your taxes. And guess what? They're Free for everyone to use!