The income tax filing season starts on January 20, 2015, states the Internal Revenue Service. This means that people may begin filing returns for Taxes 2014 on that date. This day will kick-off the filing season even though the United State Congress passed a eleventh hour tax law, and it was signed by President Obama.In addition, the Congress passed a bill which extends more than 50 soon to expir
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2014 Tax Filing Season Commences January 20
Posted by srpatterson3 (#1) 3375 days ago (http://2012taxes.org)Sales Tax Rules And Prepared Foods
Posted by srpatterson3 (#1) 3501 days ago (http://2010taxes.org)
Sales taxes are a fact of American life, and they are really noticeable in the area of fast food.For instance, when a hungry consumer drives through his favorite drive-thru, he should expect to pay the price of his burger plus additional coinage to cover sales tax. Most states, counties and municipalities feed their coffers by charging a local sales tax on most every kind of purchase imaginable.
Charitable Summer Giving Equals Tax Deductions
Posted by srpatterson3 (#1) 3508 days ago (http://2012taxes.org)
During the leisure-driven summer season, people should still want to increase their charitable giving. Not only is this a noble enterprise, but it also benefits the taxpayer during tax season. There are many avenues of giving that can earn a tax deduction for the average person.For instance, children’s summer camps provide fun and safe day care to many needy kids. They rely on donations to
Free Tax Tips: Saving For Retirement
Posted by srpatterson3 (#1) 3508 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
H&R Block Backs Voluntary Tax Certification Program
Posted by srpatterson3 (#1) 3542 days ago (http://2008taxes.org)
H&R Block Inc. has taken the forefront to elevate industry standards in tax preparation by supporting a new voluntary certification program initiated by the Internal Revenue Service.Tax preparers who voluntarily enroll in continuing education courses covering basic tax filings, tax updates, ethic of tax preparation and other related issues will now receive a record of completion noting their
H&R Block And Big Tax Returns
Posted by srpatterson3 (#1) 3569 days ago (http://2010tax.org)
H&R Block has a definite strategy to getting significant tax returns. The company only markets to clients in certain tax brackets. Tax preparation services tend to be the most profitable when preparers sell them to people in specific socioeconomic brackets. H&R Block has been taking specific steps to exclude low-income potential customers for tax filing.The company has recently pared down
Education expenses can be claimed as a tax credit on an itemized return, but under what circumstances? For instance, does a long-term course of study as an electrician count as a 4-year post-grad program?According to income tax experts H&R Block, the American Opportunity Credit, or AOC, may be claimed by individuals who are working toward an educational credential such as a certificate or bac
The U.S. Corporate Tax Rate
Posted by srpatterson3 (#1) 3605 days ago (http://2008taxes.org)
Is the U.S. Corporate Tax Rate the Highest in the World?There is a popular belief that the current corporate tax rate in the country is very high, and a reduction of the prevailing rate will stimulate investments which will have a wide range of positive effects on the economy. Those who support this theory are referring to the current rate which stands at 39.1% (the highest in the industrialized
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