Some tax rules affect every person who may have to file a federal income tax return – these rules include dependents and exemptions. Here are six important facts the IRS wants you to know about dependents and exemptions that will help you file your 2010 tax return.
WASHINGTON — Following last week’s tax law changes, the Internal Revenue Service announced today the upcoming tax season will start on time for most people, but taxpayers affected by three recently reinstated deductions need to wait until mid- to late February to file their individual tax returns. In addition, taxpayers who itemize deductions on Form 1040 Schedule A will need to wait until mid- to late February to file as well.
The start of the 2011 filing season will begin in January for the majority of taxpayers. However, last week’s changes in the law mean that the IRS will need to reprogram its processing systems for three provisions that were extended in the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 that became law on Dec. 17.
People claiming any of these three items — involving the state and local sales tax deduction, higher education tuition and fees deduction and educator expenses deduction as well as those taxpayers who itemize deductions on Form 1040 Schedule A — will need to wait to file their tax returns until tax processing systems are ready, which the IRS estimates will be in mid- to late February. Continue reading
It’s that time of the year again, the income tax filing season has begun and important tax documents should be arriving in the mail. Even though your return is not due until April, getting an early start will make filing easier. Here are the Internal Revenue Service’s top 10 tips that will help your tax filing process run smoother than ever this year.
Special Thanksgiving Wishes from ThinkTrade, Inc. you have a wonderful Thanksgiving with your family!! and friends!!!
Ah! On Thanksgiving day… We would like to sincerely thank our Customers, Truckers and everyone we serve for all of your support this year. The year 2010 has been a wonderful year and we could not have done it without all your support.
You have a wonderful Thanksgiving with your family!! and friends!!! Happy Holidays!!!
Treat yourself this Holiday! efile your Excise Tax forms [Form 2290, Form 8849 and Form 720] and win iPod Touch. read more @ http://www.TaxExcise.com/holiday2010/
Need more time to file your tax return?
If you can’t complete your federal tax return by the deadline, you can buy yourself more time. Just file an extension to push the deadline back six months and avoid IRS late filing penalties.
There’s a catch, though. The extension only pushes back the due date for the paperwork. If you owe money, you need to estimate the amount, then file your extension and make your payment by Time.
How to file an extension?
Efile your tax extension online in minutes with ExtensionTax.com and make it so simple. With ExtensionTax.com, you can:
