Patrick Cox, CEO of TaxMasters, Gives Tips on Some Common Taxpayer Mistakes That Can Lead to IRS Audits As we enter yet another tax season, many individual taxpayers and small business owners share fears about being audited by the IRS, often fueled by misconceptions concerning the audit process and a lack of information about how [...]
CERCA, the association for the electronic filing of tax returns, issued a statement, Friday, February 4, 2011, reminding taxpayers that the IRS has opened electronic filing and most taxpayers can file their returns and get their refunds starting now. Due to very late enactment of Federal tax legislation, early this year IRS had reported that [...]
If you pay someone to prepare your tax return, the IRS urges you to choose that professional wisely. Taxpayers are legally responsible for what’s on their tax return even if it is prepared by someone else. So, it is important to choose carefully when hiring an individual or firm to prepare your return. Most return [...]
Bankrate’s 2011 Tax Guide features tax calculators and stories on all the important rates and deductions for consumers’ tax filings Now that the New Year is here and tax season is quickly approaching, Bankrate Inc. has released its 2011 Tax Guide, filled with resources to help consumers file their taxes with ease. From tax calculators [...]