Author Archives: admin
Need To Correct Your Return? (1040) X Marks The Spot!
Have you filed your return, only to get another W2 in the mail from an employer long since forgotten? Or a 1098T from a school you left, or a 1099G from the unemployment you drew, a W2G from your cas Continue reading
Quarterly Estimated Tax Payments
Although April 15 is the deadline for paying taxes on income from the prior year, the IRS does impose a penalty for failing to pay taxes throughout the year. Most taxpayers don’t incur this penalty if Continue reading
Help with Common IRS Problems
There are many problems you can run into with the IRS. The following is an overview and helpful information on some of these confusing issues.IRS PenaltiesUnfiled Tax ReturnsIRS LeinsIRS AuditsPayroll Continue reading
Tax Relief: What To Do
Getting tax relief is important if you are unable to pay what you owe on your unpaid taxes. If the IRS comes after you to collect the money owed, it won’t do anyone much good if you cannot pay for it. Continue reading
Federal Tax Form 1040 E file Your Federal Taxes
Did you know you are not required to complete your IRS federal tax return before filing your FAFSA? It is a common misnomer that it is required when it is simply encouraged. However, there will be a q Continue reading
HIRE Act Tax Credit
In 2010, the HIRE act of tax credits was published on 3 June, 2010. It is the law of the Congress of United States, who give payroll taxes and other opportunities for work to the people. It also hire Continue reading
No W2? Here’s What You Can Do!
It’s the end of January with still no W2 in sight. You keep waiting, watching, and hoping for it to come in the mail, to no avail. You contact the employer; they tell you “it’s in the mail”. You f Continue reading
GST will now move with tortoise
Finally the Finance Minister Mr. Pranab Mukherjee speaks about the future of the Goods and Service Tax and the words spoken by him were not surprising at all.GST is unlikely to be implemented from the Continue reading
Obama Plays with Fire and Angers Bond Investors
Not only is this decision causing a rift between senate democrats and the Obama White House, but this decision is having a measured effect on bond yields. Obama is now feeling the wrath of rogue bond Continue reading
Does H1, L1 Tax Situation require Special Treatment?
Can H1, L1 visa worker tax situation be treated like ordinary Tax Payers filing 1040 Tax Return or does it require any special treatment? Most of the popular tax software and tax consultants may treat Continue reading
