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Tax Ranger's Blog- February 2010

Workers may not know they qualify for EITC

This filing season, the IRS is taking steps to ensure that everyone who qualifies for the Earned Income Tax Credit (EITC) is able to benefit from it. The EITC has been widely credited with helping wor...

Posted To: Tax Ranger's Blog By: Tax Ranger on 2/4/2010 7:57:15 PM

Tax code has benefits for job seekers

For people who tried to find new jobs in the past year, the tax code may offer a number of different benefits for them this filing season. For example, the IRS reports that various job search expenses...

Posted To: Tax Ranger's Blog By: Tax Ranger on 2/4/2010 4:49:32 AM

Workers can benefit from Earned Income Tax Credit

For families who have been struggling to make ends meet due to tough economic times, one potential bright spot this tax filing season could be the Earned Income Tax Credit (EITC). A recent announceme...

Posted To: Tax Ranger's Blog By: Tax Ranger on 2/4/2010 3:58:41 AM

Gambling winnings and losses have tax filing implications

One thing that people should remember during tax filing season is that if they won money while gambling over the past year, it is considered to be fully taxable income by the IRS. The IRS Web site rep...

Posted To: Tax Ranger's Blog By: Tax Ranger on 2/4/2010 3:48:18 AM

At tax time, an early start is usually the best policy

When it comes to tax filing season, one good strategy for people to remember is to try to avoid waiting until the last minute. A recent report in Vermont's Rutland Herald newspaper notes that this ad...

Posted To: Tax Ranger's Blog By: Tax Ranger on 2/3/2010 9:57:33 PM

Be wary of tax issues when settling credit card debt

The recession has seen millions of Americans struggling with high credit card debt, and in some cases, they have been able to reach settlements with their lenders to help them avoid further financial ...

Posted To: Tax Ranger's Blog By: Tax Ranger on 2/3/2010 8:56:03 PM