Archive for the 'IRS' Category

identity theft

How to avoid Identity Theft this tax season?

TweetToday is the day that the IRS will begin to accept tax returns for this year’s tax filing season. Many financially strapped consumers who are looking for a fast payday, will go run to the nearest Tax business establishment that will promise big refunds and fast service”. According to the IRS, they have step up their safeguards to protect consumers
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iphone image

4 I-phone Apps to Assist with Taxes

TweetIf you’re a person on the go and you do everything with your smart phone, at least I do.  There are 4 FREE  Apps that you can use on your I-phone to assist you with getting your taxes together.  Now it will not replace your need for filing a tax return or hiring someone,  but  if you’re a DIY’er and
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roth ira

How to Contribute to a ROTH IRA with your Tax Refund

TweetEstablishing a ROTH IRA to contribute to every year does not have to be difficult, and if you are a DIY’er everything can be set up online without you even going to bank. Before you begin to figure out how you are going to get the money, consider using your personal federal tax refund as a contribution to get you
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tax scams

Beware of the Dirty Dozen

TweetEvery year the IRS provides to the public with the Dirty Dozen tax scams that tax payers should be aware of to protect themselves from tax payer fraud. The tax filing season ends on April 17, and there are still some tax payers who will wait until the last minute to file their taxes. If you are one of those
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Old debt, New Tax Laws

TweetHave you ever been issued a credit card that was charged off due to non payment?  Did you know that a charged off credit card balance is considered taxable ordinary income, according to the IRS.  Charged off credit card debt that is either canceled or forgiven may cause taxpayers to receive a 1099-C.  A 1099-C is a tax form issued
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