Many taxpayers cannot maximize their tax refund or cannot reduce their tax liabilities because when tax filing, they cannot find the records to support their claims. Obviously, you may think
We are not invulnerable to accidents or unforeseen circumstances; natural disasters and fire can happen at any time and destroy our best kept records. There are other times when our
We make mistakes. We’re not perfect. It happens to the best of us. You double checked everything on the tax return and since everything seems to be correct, you drop
If you earned income in the last few years but you didn’t file a tax return because your wages were below the filing requirement, the Internal Revenue Service may have
Hiding income offshore, identity theft and return preparer fraud topped the IRS’s list of tax scams in 2011. The Internal Revenue Service issues an annual list of the top 12
There is no doubt that good record-keeping will help you remember the various transactions you made during the year, which in turn may make filing your return a less taxing
Video: Last-Minute Tax Tips: English For this and other videos, see: YouTube/IRSVideos WASHINGTON — Are you unable to complete and file your federal individual tax return by the April 18
The tax filing deadline is just around the corner. The IRS offers 10 tips for taxpayers still working on their tax returns: File Electronically IRS e-file: It’s safe. It’s easy.
It does not matter if you do your income taxes yourself or if you pay a professional to file your taxes. At the end of the day you will receive