An Income Tax Refund Estimator Can Get You a Larger Refund

Which tax form should you file to get the largest tax refund, the 1040EZ short form or the 1040A long form? Well, that depends. Let's take a closer look.

Irs Tips On Avoiding Mistakes When Doing Your Taxes

Another common problem relates to IRS rules concerning estates. Under IRS rules, if 35 percent or more of a decedent's estate value is tied up in business ventures, its beneficiaries would no longer have to worry about paying it all at once, but instead they can pay it over a ten year period.

Tax on Imported Ethanol Extended Through 2009

This tax provision was prefixed to expire in October 0f 2007 but will continue in effect until January 2009; thanks to the effort of Senator John Thune (South Dakota) and others. The provision included the continuing of the 54-cent per gallon tax on imported ethanol.

To File Or Not To File: That Is The Question

Conversely, Individual taxpayers whose income exceeds $400 are required to file taxes. In the case of the individual having a little side job (for instance, a lawn mowing job) the individual should fill a Schedule C.

How to Estimate Your IRS Tax Refund in Advance, for Free!

Wouldn't it be nice to know how much your income tax refund will be. It's like having money in the bank. Well, almost... Now, there's a simple way to estimate your tax refund and it won't cost you a dime. I'm about to show you how you can estimate your Federal IRS income tax refund or return in advance, for free!

New Tax Deductions for Your 2006 Return

As we start marching towards April 15th, taxes are probably the last thing on your mind. Well, you need to start thinking about them. The good news is you have some new deductions and credits this year.

Telephone Excise Tax Refund Offered to Taxpayers in 2006

A one-time only refund is being offered on federal tax returns this year for anyone who has had any kind of phone service since March 1, 2003. The Telephone Excise Tax refund reimburses taxpayers on a tax paid for long distance telephone use, whether they used a land line or a cell phone.

Please For Goodness Sakes-Understand What You Are Doing

The income tax preparation season should not be a time of stress and worry. We should not feel pressure to file early so that we can collect our big refund. Income tax time is really all about a compliance exercise that culminates an entire year, or several years, of sound tax planning. By the time tax filing is upon us, there really should be no surprises. Are you planning for 2007?

What Are 1099-MISC Forms

As you probably know, the IRS has a form for just about everything. Some forms are known as informational, and the 1099-MISC form is one of them.

IRS Free File Program Available to 95 Million Americans

Most Americans hate preparing and filing their taxes. To take the sting off of doing them, the IRS free file program enters its third year.

New Tax Rules for the Poor

According to the Census Bureau, the number of tax-filers that earn less than $15,000 in 1980 dropped from $33,400 to $15,300 ten years later. Statistics confirm that in the year 2000 there was $11,900 tax-filers category

President Bush's Proposed Health Care Tax Deduction

Nothing is more complex and difficult for politicians to deal with in this country than health care. Well, President Bush is about to enter the fray with a new proposal.

Tax Info for Those Married or Divorced in 2006

2006 may have been a momentous year for those of you involved in relationships. If you married or divorced during the year, your tax situation changed whether you know it or not.

Online Tax Software Made Easy

I enjoy doing my taxes, no really, I do. O.K., I will admit, it was not always that way. But it is now! What changed, Tax Software. You can either go online to one of the sites listed above and start within minutes or you can go to your local office supply or discount store and pick up the software there.

Home Business Tax Savings-Business Travel

If you have a home business that requires you to travel, either by plane, car, or train, then you have additional tax deductions you may qualify for. This includes but is not limited to the cost of airfare, meals, dry-cleaning, and hotel/motel expenses. This article will cover the rules and requirements so you can claim these deductions on your 2006 tax return.