Archive for the 'tax' Category

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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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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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cancelled

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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1099k

What the heck is a 1099-K?

TweetIf you are a  business owner or service provider of any sorts, you should be familiar with the 1099 form, especially if you are an independent contractor. Starting this year in 2012, any gross amount of income that you received in 2011, that was settled by a third party network for example eBay’s PayPal, Google Wallet, or Amazon will now
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IRS Cracksdown on Identity Theft in 23 States

TweetI guest blog on a popular news site called Your Black World.  Here is my latest article. Since the IRS open the tax filing season on January 17, 2012, the Justice Department’s Tax Division and local U.S. Attorneys’ Offices targeted 105 people in 23 states on indictments, arrests and the execution of search warrants involving the potential theft of thousands
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