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When to Hire Tax Professional, Preparer, or Accountant?

Tuesday, March 13th, 2012

Should you hire tax pro to do your taxes or file it on your own? Hiring tax preparation services such as HR block professionals or an accountant may be worth the money when your taxes are complicated with various sources of income and expenses involving properties, investments and businesses.

What is Form 1099G Used For?

Thursday, February 17th, 2011

What is form 1099G and how do I file it in my tax return? We will explain it here and give you some tips.

Difference between tax deductions, adjustments, credits & exemptions

Saturday, December 25th, 2010

What’s the difference between tax credits, exemptions, adjustments and deductions? They each help reduce tax differently. Some reduce your income directly, others are credit government grant you.

File Taxes Married Jointly or Separately – Which is Better?

Friday, December 24th, 2010

Is it better to file taxes jointly or separately when you are married? Both have pros and cons. So you have to look at advantages and disadvantages of married filing separately versus jointly. Tax benefits include credits and deductions.

How to File IRS Taxes? Which Method Works Best?

Monday, November 29th, 2010

How to file taxes? What are the benefits and disadvantages of different tax filing methods? Differences are in the cost, accuracy and how long it takes to complete the tax return.

Will your tax rebate check be intercepted if you owe IRS money?

Tuesday, November 23rd, 2010

Can IRS intercept tax rebate check for back taxes, debt and child support payments? Here is the explanation along with property taxes and delinquency.

When Can You Efile Tax Return?

Sunday, January 3rd, 2010

Got questions about efile like when is the first and last day to file your tax return through? It is Jan 15. When do you receive the refund payments after using efile softwares?

How Much Money Americans Make on Average Every Year?

Tuesday, December 29th, 2009

How much average Americans make each year and how much taxes do they pay? We have gathered some interesting statistics released by IRS that shows this data.

How to Claim Deduction for Gambling Losses and Pay Taxes on Winnings?

Monday, December 21st, 2009

How to pay taxes on gambling winnings since they are taxable income? Also how to claim deduction on losses? We will cover both these topics along with what tax forms to fill out.

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