Filing taxes with a small business LLC? You’ll still have a to pick an IRS approved filing status.
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There really are no tax tricks. There are only taxable items, non-taxable items, and tax deductions. The trick to lowering your taxes is to make sure that you make all three categories work for you. One area where many people could use a tax tip to lower their taxes is in the realm of tax [...]
If you have fairly simple taxes, that is ones that do not include several complicated schedules or worksheets that have to be filed, then you might not want to pay for TurboTax or TaxCut or other tax preparation software. But, you still don’t really want to go it alone without some sort of double-check. TurboTax [...]
So, you’re doing your taxes and everything is just fine. You are approaching the end of your Form 1040, when you get blindsided by a question you’ve never seen before. Line 70 of the 1040 says “Recovery rebate credit (see worksheet on pages 62 and 63)” Yikes! What is that about? Look around and chances [...]
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Ok, everyone and their dog tells people to make their 2008 IRA contribution now in order to reduce their 2008 income taxes. But, there is good reason for that. If you qualify for a deductible contribution to a traditional IRA either by meeting the income limits, or because you don’t have a retirement plan provided [...]
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File your taxes electronically online for free by using the official IRS e-file system.
Recently, people have begun to draw all the wrong conclusions about the stock market for all the wrong reasons. It is a common phenomenon and it happens every time the stock market moves up or down long enough for the average citizen whose only market investments are in IRAs or 401(k) plans to notice. The [...]
Continue reading about 2009 Stock Market Recovery Starts Now?
