To help understand why people get chosen for audits, and better yet, how you can avoid them yourself, please enjoy this list of ways to prevent an IRS audit. Keep Neat One of the easiest ways to get audited is by simply not providing all the correct documentation. When doing your taxes, it can be [...]
04.6.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
Do you stress during tax season? A lot of the people who stress during tax season do so because they are still using a pencil and forms to get their taxes done and they aren’t sure if they are getting all of the numbers just right. These can lead to some nerve wracking on the [...]
04.5.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
April 15 is looming just around the corner and many are scrambling to find any income deduction they can to reduce their tax burden. No one likes paying Uncle Sam more than their fair share. One segment of the population that is sitting pretty this tax season is the group engaged in home-based businesses. Running [...]
04.4.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
Fears of an IRS audit have given rise to many odd myths over the years, some of which are just too crazy to believe. However, there are still some myths out there that remain common beliefs to thousands of taxpayers. Having a home office is an audit red flag. This myth was more popular when [...]
04.3.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
It’s that time of year again when the taxman wants to know how much you have earned and how much tax you owe him. Don’t forget that your individual tax return has to be returned to the Internal Revenue Service (IRS) by April 15 this year, unless you have applied for, and received an extension. [...]
04.1.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
Choosing a tax preparer may seem like an easy task, but if you do not choose carefully, you could end up losing money. If you select an untrained preparer you could miss important deductions and credits, or, on the flip side, they could get you in trouble with the IRS by taking advantage of too [...]
03.31.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
eFiling allows you to file your income tax returns fast and receive a quick, accurate and maximum refund. It’s the fast and easy solution to filing your taxes on time. Purchasing your tax applications from a brick and mortar store are now a thing of the past. Using online based tax filing software allows you [...]
03.31.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
I’m not a procrastinator who waits until April 15th at 11:59 pm to send in my tax return. I usually have mine done and in the mail by late February. And I have never had to send the IRS a check. Actually, I usually get a decent refund, despite the fact that I take every [...]
03.30.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
Negotiating a tax resolution with the Internal Revenue Service (IRS) on your own can be stressful and difficult. In this situation, the right person to turn to is an experienced tax lawyer who will be able to negotiate directly with the IRS on your behalf. Highly Experienced Tax lawyers have the education, training, and experience [...]
03.29.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
Last year several millions of people got the recovery rebate credit as part of the Stimulus Package. But there are several more people who did not get the rebate check or got only a partial amount. If you did get a stimulus check last year, you will need to know the amount when you file [...]
03.28.09 | advice, Finance, money, Taxes | DailyBuzzBlog.com
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