Feb
20
The Answer Spot addresses post-Hurricane Katrina questions. To submit a question, send it to . My sister makes very little money. How do I know if she has to file a federal income tax return? A variety of factors determine whether or not an individual must file a federal income tax return. Those factors include …
Feb
19
Editor’s Note: The following is a news release issued by the Internal Revenue Service. If you’re a small business or a self-employed individual who needs answers to tax questions, educational materials or tools to help you run your business, check out the IRS’s Small Business and Self-Employed Tax Center at irs.gov/smallbiz. This one-stop shop offers …
Feb
18
Doing taxes online for free It doesn’t happen often, but sometimes there’s an advantage tobeing a working stiff. Tax time is one of them. If you make under $57,000, you can probably do your federaltaxes for free using online software programs. They use simplequestion-and-answer formats designed for ordinary folks. Theprograms fill out the forms. Missouri …
Feb
18
It's as simple as this: go to the IRS website. Or call (800) 829-1954, the IRS toll free number for tax refund status. There, you will enter some basic information about yourself and get access to your 2012 IRS refund status 24 Even so, many are thankful to receive tax preparation for free and obtain …
Feb
16
Homeowner Tax Breaks Help Preserve Your Wealth In these challenging economic times, every penny counts. As a homeowner, you’ll want to ensure you take all the tax deductions you’re entitled to on your 2011 return — which could keep a lot of money in your own pocket. Whether you are a current or former homeowner, …
Feb
14
I’ve set up the tax table. Every year, my husband and I pull out a white folding table to begin organizing our tax documents that will eventually be handed over to our tax preparer. We put it up early this year, instead of waiting until the end of March when we’re scrambling madly. This time, …
Feb
12
DURHAM –There are several free online tax filing options out there for taxpayers who meet certain income and other requirements, but consumers should keep on the look–out for "hitches," said the president of a Morrisville–based company offering a free filing option for the unemployed. There are online options for filing federal returns listed on an …
Feb
06
A tax tip from IRS.gov IRS e-file: It's safe. It's easy. It's time. Most taxpayers — nearly 80 percent — file electronically. If you haven't tried it, now is the time! The IRS has processed more than 1 billion individual tax returns safely and securely since the nationwide debut of electronic filing in 1990. In …
Feb
02
The Internal Revenue Service and community partners nationwide last Friday launched their annual outreach campaign aimed at helping millions of Americans who earned $49,078 or less take advantage of the Earned Income Tax Credit (EITC). On Earned Income Tax Credit Awareness Day, local officials and community organizations across the nation are highlighting the benefits of …
Feb
02
More than 12,000 free tax preparation sites will be open nationwide this year as the Internal Revenue Service continues to expand its partnerships with nonprofit and community organizations providing tax preparation services for low- to middle-income and elderly taxpayers. The IRS Volunteer Income Tax Assistance program offers free tax help to people who earn $50,000 …