Tax Preparation

The Latest

  • January 13, 2011

    It may seem that making a mistake on your taxes is the end of the world. Most think it could lead to an audit or heavy fines. However, the IRS has made it strangely easy to amend your taxes. You even have a three year window to fix old filings....

  • January 12, 2011

    One of the many deductions you can make on your 2010 tax forms is money paid to alimony. To claim alimony as a deduction, you must use the 1040 federal tax forms.

    Filling the Form
    Line 31 on the 1040 federal tax forms...

  • January 12, 2011

    Charitable donations can be a great way to help out during tax season. If you’re claiming any charity donations, you must use the 1040 tax forms. Federal income tax forms 1040EZ and 1040A don’t allow for it. This is because to claim charity you...

  • January 12, 2011

    Itemizing deductions can reduce your tax liability. This might help you get more money back from the IRS. Or, it can mean you won’t owe as much if you need to make a payment. To itemize your deductions, you must use the 1040 tax forms. You also...

  • January 12, 2011

    Don’t feel overwhelmed by the idea of doing your own taxes this spring. There are many services that offer help and advice on what tax forms to fill out and how. But money is tight. Are you concerned about having to pay someone to help you? Don’t...

  • August 6, 2010

    Do you have questions regarding your tax situation? Here are some answers about two popular tax topics: tax debt and tax refunds.

    Tax Debt Help

    Unpaid taxes will eventually lead to an IRS notice. No matter the size of the past due tax...

  • August 3, 2010

    Before you prepare your tax return you should have a tax preparation checklist to help you get organized. Along with this, your tax preparation checklist should also get you in the right frame of mind. Once you are organized and...

  • August 3, 2010

    Are you thinking of preparing your own tax return? There are both pros and cons of doing so. Some people swear this is the only option they will ever consider. Others feel that preparing their own...