The Difference Between Credits and Deductions

May 16, 2012 by  | Leave a Comment Filed under: Taxes 

Many people may have never learned the difference between tax credits and tax deductions. The actual definition of a tax credit is something that reduces your actual tax amount that you have to pay. This is different from a deduction because a deduction only reduces your taxable income. This (read on...)

What Is E-Filing and Am I Eligible?

March 21, 2012 by  | Leave a Comment Filed under: Taxes 

E-filing stands for electronic filing and allows you to submit your tax return online instead of printing it out and mailing it to the IRS or, even more traditionally, filling out paper forms by hand. If you’re worried that e-filing is somehow not secure, or puts your personal information (read on...)

Tax Deductible Credits and Deductions for Single Parents

March 20, 2012 by  | Leave a Comment Filed under: Taxes 

In our society we have had an unfortunate shift in the family dynamic…In 1947 the average family was 2 parents and 2 children. Now that statistic has shifted dramatically, and more families are getting by with half as many parents. With this becoming so common those parents have it much (read on...)

Ways to Keep Track of Your E-Filed Tax Return

February 18, 2012 by  | Leave a Comment Filed under: Taxes 

To begin this article lets talk about what you should check before you file your taxes! The easiest thing would be for me to say EVERYTHING, but I want you guys to get some useful information out of this thing! Most of these are common sense, but some people may not be familiar with the new (read on...)

How To Avoid Your Return Being Rejected And The Benefits of E-File for Your Taxes

February 15, 2012 by  | Leave a Comment Filed under: Taxes 

First off, always make sure you double-check all of your return before you send it. Make a mental checklist in your head of these following things: Is my address correct?Are my line entries on my 1040 correct?Is my Social Security Number correct?Is my handwriting legible?Are all my entries filled (read on...)

The History Of E File

February 1, 2012 by  | Leave a Comment Filed under: Taxes 

Today, it’s hard to imagine a world before e file. But back in the 1980s, the program was in its infancy, running with a skeleton staff and struggling to catch on. From an inefficient system at inception to the streamlined high-volume system of today, learn how e file came to be. Humble (read on...)

The 5 W’s of Filing Form 2290

August 6, 2010 by  | Leave a Comment Filed under: Taxes 

What is Form 2290? Form 2290 is the form used to file a Heavy Highway Vehicle Use Tax Return. It is required for highway motor vehicles that have a taxable gross weight of 55,000 pounds or more. Who files Form 2290? If a taxable highway motor vehicle is registered (or required to be registered) (read on...)

5 Best Tax Deductions For 2009

January 5, 2010 by  | Leave a Comment Filed under: Taxes 

Deductible Taxes – a. State, local and foreign income taxes; b. Real estate taxes; c. Personal property taxes; and d. State and local sales taxes. In this category you can find various governmental taxes imposed on your income, property, real estate, car and more. To claim this deduction (read on...)

E-File Your Income Taxes For Free Today!

January 5, 2010 by  | Leave a Comment Filed under: Taxes 

Why eFile Income Tax Returns Online? eFiling allows you to file your income tax returns fast and receive a quick, accurate and maximum refund. It’s the fast and easy solution to filing your taxes on time. Purchasing your tax applications from a brick and mortar store are now a thing of the (read on...)

What is the Best Online Tax Software?

January 5, 2010 by  | Leave a Comment Filed under: Taxes 

What is the best online tax software? Filing your taxes online offers many advantages, including the convenience of filing anytime anywhere, quick refund and more accurate tax return. There are many online-tax-software out there and it can be confusing choosing the right one for you. This article (read on...)