Category : Taxes : Business & Finance

Learning About Taxes

Taxes
Whether you've never filed your taxes or are unsure how a new life situation affects your taxes, it always helps to have someone help you file. Government and tax preparation agencies can teach you about the filing process to ensure you avoid penalties and receive the maximum refund.

Information on Claiming EIC on Taxes

Taxes
Low-to-moderate income families should know about an important tax credit available from the Internal Revenue Service called the Earned Income Credit. If you are eligible, the credit could significantly reduce the amount of federal income tax you are required to pay. Check with the IRS or a tax prof

How to Prepare Fiduciary Taxes

Taxes
Fiduciary taxes are those prepared by individuals acting in a fiduciary capacity on behalf of another taxpayer or entity. Examples of fiduciaries include administrators, designees, executors, guardians, representatives, as well as any person in charge of a decedent's estate. Fiduciaries are required

Itemized Deductions List for Taxes

Taxes
The IRS provides a long list of expenses you can include in your itemized deductions. Each deduction has specific requirements you must satisfy before you can claim it, however. Additionally, you will find that some of your deductions are only available if the total exceeds certain thresholds that r

Tax Advice for Divorce

Taxes
Married couples who are going through a divorce or separation often focus on dividing property, custody of the children, child support and alimony payments. However, these decisions also have tax implications that affect both spouses. Becoming familiar with the framework of the applicable tax rules

Tax Return Options

Taxes
Do you like to hear the words "tax return?"You may if you are an accountant or if you always get a refund.Otherwise, these words may strike anxiety and fear into your heart and mind.Every year in the days, weeks and months before April 15th, people all over the U.S. rush to complete their