Earned Income Tax Credit

Get 60 From the IRS - for the Price of a First-Class Stamp!

The IRS is waiting to give millions of Americans and small businesses refund checks of $30-$60 for excess tax levied on long-distance phone service. The one-time refund, listed on the 2006 form 1040, was overlooked by an estimated 10 million filers, in addition to 15 million households earning so little money they were not required to file in 2006. Who qualifies for the refund? If you have a pulse you’re good to go! All you need to do is print out a simple form on the IRS website, fill in two lines, sign it and drop it in the mail. Who says you can’t earn money stuffing envelopes?

Special Tax Deduction For Special Needs Cases

Special needs children create expenses that a regular family never has to experience. Luckily, the IRS realizes this and has created special tax deductions for these cases.

Failing to File a Tax Return is More Dangerous Than Ever

If you think not filing your tax return is a good idea, think again. The 2001 IRS “Tax Gap” study specifically cited non-filings as a serious non-compliance area that the IRS will aggressively pursue. If you still haven’t filed yet, get ready to be found!

For Beginners - How to Keep the IRS Off Your Back

Below I outline some simple tricks ans steps to keep the IRS off your back. I also include form types and income needing to be reported, so that you can fill your return out fully and accurately.

UK Tax Allowance Revisions in Budget 2008-09

10% rate gone. Tax allowances increased but not NI bands. Can you take advantage of the changes to tax rates? Do you know what you need to do

How Do You Claim Internet Income on Taxes?

It is a known fact that income tax is nothing but the amount of tax that is paid against that income that you have. Whatever income you have, income tax is always required. You should know that most of the people are not aware about the rules and regulations of tax. If you are amongst these groups of people then you should prefer to have a tax consultant.

The Business Owner’s Toolkit For Saving Taxes in 2008

The current economic climate makes it imperative that small business owners have some knowledge of all the options open to them to reduce their tax liability. The purpose of this article is to concentrate on those areas of the current tax law that you need to be familiar with in order to take full advantage of these often under-used or completely missed tax deductions. A good tax preparer is in some ways like a dentist - he must probe & probe in order to draw knowledge about your business health & how you operate.

My Wages Are Being Garnished - Should I Just Quit My Job?

This article answers a question about whether you should just quit your job when the IRS begins levying your wages. Simply put, the answer is no.

Warning - The IRS Can Levy Garnish Your Wages

The IRS is looking for a way to get your money when you owe them. One of the easiest ways for them to get paid is through a wage garnishment. Find out how to stop this wage garnishment when it happens to you.

Fear Revenue Canada

I am a stand up guy that has (so far) survived several audits and many appeals. A wise man once said people can only walk all over you if you lay down. Life is far too short to lie on your back when the taxman is knocking at your door. To know the enemy is to understand the enemy. As a result of more reassessment that can be counted on one hand I have decided to share my experiences with Canada revenue service.