Getting a tax deduction for an allowed expense on your taxes is great. Making the mistake of claiming a deduction that is not allowed by the IRS can you get into trouble and a possible audit. For example, you can deduct the expense of a dinner with clients up to 50% of the bill only. If you claim more than the 50% allowed or you do not properly record the business purpose of the meeting, the dedu
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Tax Deductions That Aren’t Allowed By the IRS
Posted by srpatterson3 (#1) 3304 days ago (http://2009taxes.org)File Early With Free TurboTax Online
Posted by srpatterson3 (#1) 3317 days ago (http://2011taxes.org)
View image | gettyimages.comIt definitely pays to file your taxes early, and according to the IRS about 14 million tax returns had been filed by the end of January, with just over 90 percent of thee filed electronically. These six reasons may help to convince you it’s a good idea to file early using free TurboTax online:The average refund last year was about $2,800 and almost 75 percen
TurboTax, a popular tax filing software recently announced that it will offer users free upgrade to the premier version of the software on 7 February, 2015. The catch: only TurboTax Deluxe users will be able to avail it.A spokeswoman for the company told the press that starting the coming Saturday, users will be able to click on a link in their TurboTax Deluxe software to upgrade to the home or b
Turbo Tax Offers Free Preparation And Filing Services For Basic Filers
Posted by srpatterson3 (#1) 3354 days ago (http://2015taxes.org)
Absolutely No Fees or Costs Associated with TurboTaxNothing owed to Federal; Nothing owed to State, Nothing Owed to File Return Available to Sixty Million United States Citizens!Americans receive the best tax break making use of “TurboTax”. Starting tomorrow, sixty-million residents of the United States who work hard for their money may prepare and file basic state and federal returns
TurboTax Offering Free Online Tax Filing for 2014
Posted by srpatterson3 (#1) 3362 days ago (http://2015tax.org)
Intuit TurboTax has just announced that Americans can use their software to file their 2014 taxes with no fees or charges. For about 60 million tax filing Americans, it might just be the best possible tax break.The TurboTax Federal free edition allows taxpayers to file both their state and federal taxes, and this is the first time the company has provided this service at no charge. If you have be
Taxes 2014: What You Should Know To File
Posted by srpatterson3 (#1) 3374 days ago (http://2011taxes.org)
The tax filing season starts at the end of Jan. The IRS said that people can start filing their taxes 2014 returns on January 20.Despite a last minute tax law that was passed by Congress, the tax-filing season will still start on schedule, according to the IRS.Congress passed a bill that extended more than 50 tax breaks, which were due to expire next year. Under the new law, the breaks will not e
Free Tax Tips: Saving For Retirement
Posted by srpatterson3 (#1) 3507 days ago (http://2010tax.org)
If you are a new graduate, you should start saving now for retirement. Life never stops; one day you are celebrating a special achievement, and the next you are facing yet another life milestone. Congratulations on becoming a college graduate! Have you thought about retirement?If you were to ask this question of many recent college grads, they would probably all look at you and roll their eyes. A
Bitcoins Ruled As Taxable Property by the IRS
Posted by srpatterson3 (#1) 3653 days ago (http://2010taxes.org)
The US Government has recognized Bitcoins which is good in a way but at the same time they have decided to view them as property, making them taxable. If they had decided that the virtual currency actually was a currency then a tax could not be placed on them when they gain in value. Some view this as making the currency legitimate, and a good thing.The fact that they can now be taxed reduces the
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