Twitter Tax Tips #9
Double check Social Security numbers on your return. Incorrect SSNs are the 2nd most common tax return error. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
Double check Social Security numbers on your return. Incorrect SSNs are the 2nd most common tax return error. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
Taxpayer asks: Last year, I cashed in my IRA to pay off some doctor bills. I lost my job and couldn’t pay but I did have my IRA so I used that to pay. I used the whole thing. Last month, I got a 1099 that says that it is all taxable. Please help because…
June 30, just two weeks from today, marks the due date for the Report of Foreign Bank and Financial Accounts, or as they’re more commonly known, FBARs.
We have a winner! See the correct answer in the comments. Our next tax trivia question for the giveaway is: To be considered timely filed, your paper tax return must be postmarked by the due date or acknowledged by a private delivery service considered acceptable by the IRS. The IRS has designated three such private…
Shortly after I posted this piece about IRS cutting ties with ACORN, I received an email asking me, among other things, if I thought this was a good thing and if we should “get rid” of the VITA program altogether because of the potential for giving bad advice. I didn’t immediately respond to the email…
Ready to file your tax return? Here are eight tax goofs to avoid.
When it comes to choosing a tax preparation platform, some taxpayers like the opportunity to create and file a tax return on the internet by using a product like TurboTax Online. However, amid concerns about security, some taxpayers prefer the option to prepare and print a tax return to be mailed directly to the appropriate…