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Tax Ranger's Blog- January 2010

Vast majority of taxpayers unlikely to ever face an audit

Each filing season, many taxpayers find themselves nervously wondering about whether they could end up facing an audit from the IRS. Fortunately, it turns out the odds are vastly against this happenin...

Posted To: Tax Ranger's Blog By: Tax Ranger on 1/21/2010 2:47:37 AM

Professional tax preparers can provide valuable guidance

A professional tax preparer can help people navigate the intricacies of the tax system, especially when it comes to certain deductions and procedures that may not be widely understood by many. For ex...

Posted To: Tax Ranger's Blog By: Tax Ranger on 1/21/2010 2:46:43 AM

Taxpayers can benefit more from hiring a professional preparer

Taxpayers got a reminder of how helpful a professional preparer can be this week when the commissioner of the IRS, Douglas Shulman, acknowledged in a televised interview that he uses one himself at fi...

Posted To: Tax Ranger's Blog By: Tax Ranger on 1/14/2010 3:32:26 AM

IRS offers guidelines on homebuyer tax credit

Millions of Americans have taken advantage of a popular $8,000 government tax credit aimed at encouraging home purchases, and there are still several months left to benefit from it. However, not all t...

Posted To: Tax Ranger's Blog By: Tax Ranger on 1/14/2010 3:31:10 AM