Overwhelming response to National Board of Tax Practitioners’ Spanish- and English-language workshop schedule results in additional dates Tax preparers across the country are struggling to find information about new IRS tax preparer regulations. But thanks to a series of free workshops offered by the National Board of Tax Practitioners (NBTP), preparers can finally get the [...]
Middle-income Americans are now paying federal taxes at or near historically low levels, according to the latest available data. That’s true whether it comes to their federal income taxes or their total federal taxes. Income taxes: A family of four in the exact middle of the income spectrum will pay only 4.6 percent of its [...]
Although older taxpayers have been filing annual tax returns for years, most will find that new considerations arise when they turn age 65. To address these special circumstances, Jackson Hewitt Tax Service® shares important tips for seniors, as the nation enters the last few weeks of the tax filing season. “If you are 65 or [...]
During this year’s tax season, many taxpayers will again discover that they’ve penalized themselves from a lack of simple planning regarding their investments. As taxpayers struggle with completing their 2009 tax returns, online brokerage Folio Investing reminds investors that it’s important to plan ahead to reduce tax burdens for this year, and beyond. “Following some [...]