Author Archive
Thursday, May 22nd, 2008
As part of our summer marketing campaign, TaxWorks is searching for America's greatest tax heroes. You can put your knowledge and experience to the test in the Tax Hero Challenge. Here's how it works—every two months starting now, we will release a client profile on the Tax Hero Challenge website. The ...
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Thursday, May 22nd, 2008
TaxWorks is a robust, affordable, easy-to-use professional tax program. The TaxWorks package includes the Federal 1040, 1041, 1065, 1120, and 1120S systems, and all states; 706, including Florida, Utah, and New York; 709; 990, including California and New York; and 5500.Just some of the features offered in TaxWorks include:
- FREE ...
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Thursday, May 15th, 2008
At a time when many consumers turn to the Internet to find products and services, it's vital to have a presence on the Web. Otherwise, many potential customers may overlook you, simply because they can't find you. Through the Internet, you can attract future clients in your area, and communicate ...
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Monday, March 31st, 2008
In an article on MSN Money, MarketWatch reported that about $1.2 billion is sitting in the IRS coffers—waiting to be claimed by taxpayers. The money belongs to taxpayers who neglected to file a 2004 tax return. The average return for taxpayers who didn't file in 2004 is $552.
This is significant ...
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Friday, March 21st, 2008
When you will get your economic stimulus rebate depends whether you chose direct deposit on your return and on the last two digits of your social security number.
Direct-deposit Payment
If the last two digits of your Social Security number are: Your payment should be sent to your account by: 00-20 – ...
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Friday, March 21st, 2008
When you will get your economic stimulus rebate depends whether you chose direct deposit on your return and on the last two digits of your social security number.
Direct-deposit Payment
If the last two digits of your Social Security number are: Your payment should be sent to your account by: 00-20 – ...
Posted in tax laws | Comments Off
Friday, March 14th, 2008
Today at lunch, a coworker mentioned that he and his wife decided to take the $300 tax rebate they'll get for their infant son and invest it for him. I've been thinking about this. The situation with the tax rebates will present an opportunity for all American parents to teach ...
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Monday, March 10th, 2008
If you haven't already, you'll soon receive a letter from the IRS that reads:
Economic Stimulus Payment Notice
Dear Taxpayer:
We are pleased to inform you that the United States Congress passed and President George W. Bush signed into law the Economic Stimulus Act of 2008, which provides for economic stimulus payments to ...
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Monday, February 25th, 2008
Denied by the IRS
Bodybuilder (part 1): A pro bodybuilder wanted to claim a dietary business deduction for buffalo meat and protein shakes.
Donor's Deduction: A Manhattan CPA was approached by a man who had made some money as a sperm donor. He wanted to take a depletion allowance, which only works ...
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Friday, February 22nd, 2008
Uncle Sam always seems to find a way into your pocketbook. When common methods don’t work, he tends to get creative. Check out these bizarre tax laws:
Illegal drug tax: In at least 11 states, including North Carolina, you are required to pay a tax when you acquire an illegal drug. ...
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