Monthly Archives: July 2009

Tax Tips for Recently Married Taxpayers

If you have recently gotten married or plan to get married in the near future, the IRS has some tips to help you avoid stress at tax time. 1. Notify the Social Security Administration Report any name change to the … Continue reading

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Tax Preparer Review; Public Forums to Gather Input this Summer

The Internal Revenue Service announced a series of public forums at which individuals and representatives of diverse constituent groups will be able to provide input on the development of tax preparer performance standards. The public forums, a crucial part of … Continue reading

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Five Tax Facts about Summertime Child Care Expenses

Many parents who work or are looking for work must arrange for care of their children under 13 years of age during the school vacation. Here are five facts the IRS wants you to know about a tax credit available … Continue reading

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Top Seven Tips for Taxpayers Starting a New Business

Anyone starting a new business this summer should be aware of their federal tax responsibilities.   Here are the top seven things the IRS wants you to know if you plan on opening a new business this year. First, you must … Continue reading

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Tax Benefits for Job Seekers

Many taxpayers spend time during the summer months polishing their résumé and attending career fairs. If you are searching for a job this summer, you may be able to deduct some of your expenses on your tax return. Here are … Continue reading

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S Corporation Creation Overview

S corporations are corporations that elect to pass corporate income, losses, deductions and credit through to their shareholders for federal tax purposes.  Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are … Continue reading

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Six Important Facts about Your Appeal Rights

The IRS has an appeals system for people who do not agree with the results of an examination of their tax returns or with other adjustments to their tax liability.   Here are the top six things to know when it … Continue reading

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Top Ten Things You Need to Know About Making Federal Tax Payments

Will you be making a payment with your federal tax return this year? If so, here is what you need to know about making tax payments correctly. 1. Never send cash! 2. If you file electronically, you can file and pay in … Continue reading

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National Taxpayer Advocate Submits Mid-Year Report to Congress; Identifies Priority Challenges and Issues for Upcoming Year

National Taxpayer Advocate Nina E. Olson delivered a report to Congress that identifies the priority issues the Office of the Taxpayer Advocate will address in the coming fiscal year. Among the key areas of focus will be working with the … Continue reading

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