Now that you’re retired, your money is finite. Here’s how to avoid overspending on taxes. More
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Five Tax Credits that Can Reduce Your Taxes
A tax credit reduces the amount of tax you must pay. A refundable tax credit not only reduces the federal tax you owe, but also could result in a refund. Here are five credits the IRS wants you to consider before filing your 2012 federal income tax return: 1. The Earned Income Tax Credit is a […]
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How to File Your Tax Return
Thanks to technology, filing your return is getting easier. Find out which way you should file—electronically or by mail—and how to do it. More
The post How to File Your Tax Return appeared first on SuperMoney!.
Do I Qualify for the IRS Fresh Start Initiative?
Earlier this year, the Internal Revenue Service (IRS) rolled out its Fresh Start Initiative, aimed at helping struggling taxpayers. The initiative allows qualified taxpayers to avoid the IRS Failure to File penalty. This penalty is usually placed on unpaid tax balances, with accrued interest. Qualified individuals can request a six-month payment extension in which no […]
The post Do I Qualify for the IRS Fresh Start Initiative? appeared first on Debt America.
Should You Contact a Tax Attorney?
How do you know if you need a tax attorney? Tax attorneys are lawyers who specialize in the complex and technical field of tax law. According to this article from about.com, you definitely need a tax attorney if: You have a taxable estate, need to make complex estate planning strategies, or need to file an estate tax return. […]