Y is for Year End. Tax returns are filed based on your tax year end. Individual filers have a calendar year which means that federal
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Police, IRS Consider Info Sharing As Tax Fraud Increases
It’s March 29, do you know where your refund is? It’s possible that it’s in someone else’s mailbox. Thieves are becoming more sophisticated these days
Read MoreTaxes From A To Z: X Is For X-Mark (Signature)
X is for X-Mark (Signature). No matter how thorough and accurate your tax return is, it’s not considered a valid return unless you sign it.
Read MoreTaxes From A To Z: V Is For Vacation Home
V is for Vacation Home. Spring Break is coming up in a few weeks and we’re lucky enough to be able to spend time with
Read MoreTaxes From A To Z: S Is For Standard Deduction
S is for Standard Deduction. Most taxpayers have the option of claiming the standard deduction or the itemized deduction. I say “most” because, as with
Read MoreTaxes From A To Z: P Is For Penalty On Estimated Tax
P is for Penalty on Estimated Tax. If you receive payments or other funds without having any federal income taxes withheld, you should consider making
Read MoreTaxes From A To Z: M Is For Making Work Pay Credit
M is for Making Work Pay Credit. Doh! This is kind of a trick post. There is no Making Work Pay Credit for 2011. That
Read MoreSocial Security Direct Deposit Tax Email A Fraud
Yesterday, I was forwarded the following email, with a note asking me if I planned to comment on it: Hey you, here comes Chaka Fatta.
Read MoreTax Time & Recordkeeping
Today is the deadline for corporate taxes. It’s also the Ides of March. On this day, Julius Caesar allegedly met a seer who claimed that
Read MoreTaxes From A To Z: K Is For Kiddie Tax
K is for Kiddie Tax. It’s no secret that Congress is concerned about tax fraud. With loopholes and exceptions galore (all, ahem, actually created by
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