E-file volume has swelled over its 25 years in existence and over the course of time, the IRS has safely processed just over 1 billion tax returns. If not familiar, e-file stands for electroni...
The trio of love, marriage, and taxes sounds like an unlikely pairing. However, nuptials often have a big impact on individual income taxes. Let's start with the question most often ...
In May, according to CNN, the United States Government hit the debt ceiling. This is the national version of maxing out your credit card, however the government isn't having their lines reduced ...
It is imperative that business owners correctly determine whether individuals that provide services are properly classified as employees or independent contractors. For an employee, a busines...
The most tax newsworthy topic this week has been about what has been termed the "Amazon Tax." Online retailer, Amazon.com, has pulled operations out of states that force its sellers to collect retail...
We know you don’t have to worry about your income tax preparation and tax filing until next year, but be aware of these common tax scams so you don’t fall victim in the future. If you let ...
The Internal Revenue Service announced this week an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the de...
If you didn't take advantage of the energy tax credits offered in 2009 and 2010, don't panic... You still have the opportunity to save a few tax dollars! The maximum tax credit for 2011 ...
Wedding season is upon us! If you’re in the throes of planning your big day, with all of the other details and expenses to work through, tax return preparation is probably the last thing on your...
Are you considering getting a new car in 2011? There are some incentives available if you purchase a car weighing more than 6,000 pounds. If you purchase a large vehicle, you can deduct the 100...