March 24, 2014
Modified Adjusted Gross Income (MAGI) can qualify you for a number of credits, benefits, and exclusions, which makes it important to calculate for tax purposes.
Your MAGI is used to determine your eligibility for various Federal tax...
March 18, 2014
Did you know? Almost 120 million people e-filed their tax returns last year, and over 1 billion people have e-filed since 1990. There are a number of ways you can file your tax return if you choose to do it electronically.IRS Free...
March 14, 2014
The costs associated with professional tax preparation can be considerable, depending on how much assistance you need. However, using a tax preparation service does...
February 11, 2014
When it comes to tax preparation many people are far from efficient. In fact, most taxpayers are disorganized and unprepared when they begin to file their returns. Of course, you don’t have to make this mistake. The following 5 tax preparation...
February 10, 2014
Tax season is here and most taxpayers are unaware that it is completely unnecessary to pay to prepare and file their income tax return. Most tax preparation companies offer free services to some taxpayers, depending on the type of return they...
January 29, 2014
It’s pretty safe to say that everyone is interested in free tax preparation. However, a lot of people do not want to spend money preparing their taxes because they...
January 8, 2014
With tax season now upon us, taxpayers should be aware of the free online tax preparation services available to them to file their income taxes.
December 9, 2013
Doing your taxes feels as fun as a trip to the emergency ward. So, you waited. And waited.
And here you are.
There are two main reasons people wait until the last minute to file taxes: either they owe the government money or...
September 24, 2013
Generally speaking, whenever you settle a debt for less than you owed, the difference counts as income – taxable income.
A short sale is a form of debt...