Author Archive
Thursday, August 14th, 2008
The IRS has provided additional information regarding payments received under the Economic Stimulus Act of 2008.
In a release on the IRS website regarding the Stimulus Act, if a taxpayer's tax refund was deposited (as directed by their tax return) into a direct deposit account, the stimulus payment would follow the ...
Posted in Uncategorized | No Comments »
Thursday, July 10th, 2008
Be wise on how you include mortgage interest when calculating your tax returns.
Mortgage interest owners pay on loans up to a million dollars ($500,000 if you use the married filing separately status) is deductible, provided they used the money to buy, build, or improve their home.
Mortgage interest they pay on loans secured ...
Posted in Uncategorized | 2 Comments »
Friday, June 20th, 2008
Tax day has come and gone, and your client either didn't file at all, filed without paying your balance due, or filed and only paid part of your balance. Whether they need more time to file paperwork or more time to pay, here's what to expect.
They filed on time but ...
Posted in Uncategorized | No Comments »
Wednesday, June 4th, 2008
With all the planning that goes into a move, don't forget to let the IRS know where to find your clients. Come tax time, you want to be sure they have their correct mailing address - especially if they are due a refund. If you received pre-printed address labels with ...
Posted in tax laws | No Comments »
