By Admin on January 15, 2009
It is now official, the IRS is now excepting tax returns for 2008!
80 million people used e-file in 2007 (almost 58 percent of all tax returns).
e-file or electronic tax filing has many benefits like:
Faster Refunds
Greater Accuracy
Secure and confidential submission
No paper return to mail
File now, pay later
Quick confirmation
“These are tough [...]
Posted in Tax News | Tagged 1040, 1040ez, 2008, 2009, e-file
By Admin on December 18, 2008
Here are the changes to the Earned Income Credit for 2008.
The maximum amount of the Earned Income Credit (EIC) has increased. The most you can get is:
$2,917 if you have one qualifying child
$4,824 if you have more than one qualifying child or
$438 if you do not have a qualifying child.
The maximum amount of income [...]
Posted in Earned Income Credit | Tagged 2008, AGI, combat pay, Earned Income Credit, EIC, EIC chart
By Admin on December 17, 2008
The IRS has placed its comprehensive tax guide for individuals on IRS.gov, updating it for tax year 2008. The updated on-line version of IRS Publication 17, “Your Federal Income Tax,” contains more than 900 interactive links.
Publication 17 has been updated with important changes for 2008, including information on the new recovery rebate credit, [...]
Posted in Tax Tools | Tagged 2008, IRS, tax guide, tax guide for individuals
By Admin on March 13, 2008
Phishing Scams, Frivolous Arguments
Top the 2008 ‘Dirty Dozen’ Tax Scams
WASHINGTON – The Internal Revenue Service today issued its
2008 list of the 12 most egregious tax schemes and scams, highlighted by
Internet [...]
Posted in Tax News | Tagged 2008, Internal Revenue Service, phising, tax scams
By Admin on February 27, 2008
Here is a little tool I found to help calculate your tax rebate for 2008.
We are not responsible for content or the accuracy of tools provided by external sources.
Posted in Tax Tools | Tagged 2008, calculator, tax rebate
By Admin on February 15, 2008
WASHINGTON — The Internal Revenue Service released additional information today about the upcoming economic stimulus payments (2008 Tax Rebate) in a specially designed section for taxpayers on IRS.gov.
The new information includes an extensive set of Frequently Asked Questions about the stimulus payments, with a special emphasis on recipients of Social Security and certain veterans’ [...]
Posted in Tax News | Tagged 2008, 2008 tax rebate, IRS, payments, Social Security, stimulus, tax rebate
By Admin on February 13, 2008
IRS Will Send Stimulus Payments Automatically Starting in May; Eligible Taxpayers Must File a 2007 Tax Return to Receive Rebate
WASHINGTON — The Internal Revenue Service today advised taxpayers that in most cases they will not have to do anything extra this year to get the economic stimulus payments (tax rebate) beginning in May. [...]
Posted in Tax News | Tagged 2008, 2008 tax rebate, IRS, Stimulus Payments, tax rebate
By Admin on January 11, 2008
Find your state below to determine when return processing will be available for your state.
Note: If your state has not begun processing, you can file your federal return now and come back to finish your state at a later time (*Except AR, HI and OK).
State Availability dates
Alabama – Available Now
Alaska [...]
Posted in eFile FAQs | Tagged 2008, efile, file, state dates