Monthly Archives: January 2013

Choosing Which Form to File

IRS e-file makes it easy for taxpayers to choose which tax form to file. Tax software automatically chooses the best form for your particular situation. Most people e-file these days, but if you prefer taking pen to paper, the IRS … Continue reading

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Five Good Reasons to E-file Your Tax Return

If you haven’t tried IRS e-file before, now is the time. Most taxpayers – more than 80 percent – file electronically. The IRS has processed more than 1 billion individual tax returns safely and securely since the nationwide debut of … Continue reading

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Check Your Eligibility for the Earned Income Tax Credit

The Earned Income Tax Credit has made the lives of working people a little easier since 1975. EITC can be a boost for workers who earned $50,270 or less in 2012. Yet the IRS estimates that one out of five … Continue reading

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IRS Announces Guidance on the Principal Reduction Alternative Offered in the Home Affordable Modification Program (HAMP)

The Internal Revenue Service today announced guidance to borrowers, mortgage loan holders and loan servicers who are participating in the Principal Reduction AlternativeSM offered through the Department of the Treasury’s and Department of Housing and Urban Development’s Home Affordable Modification … Continue reading

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IRS Offers Tips to Help Taxpayers with the January 30

The IRS will begin processing most individual income tax returns on Jan. 30 after updating forms and completing programming and testing of its processing systems. The IRS anticipated many of the tax law changes made by Congress under the American … Continue reading

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Divorce and Life Insurance in Re Marriage of Hall

Johnson District Court—Reversed Court of Appeals—Reversed No. 101,834 FACTS: In divorce proceedings between Marc and Susan Hall, the court ordered Marc to pay maintenance and child support. In addition, despite Marc’s objection, the district court ordered Marc to “cooperate” with … Continue reading

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Stealing an Expired Credit Card is Still Stealing

Allegations in motion for new trail must have support in affidavit or live testimony. Late disclosure of witness interview recordings did not prejudice appellant because appellant already had the information in the recordings and used it in his defense. Evidence … Continue reading

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Annual Inflation Adjustments for 2013

The Internal Revenue Service announced today annual inflation adjustments for tax year 2013, including the tax rate schedules, and other tax changes from the recently passed American Taxpayer Relief Act of 2012. The tax items for 2013 of greatest interest … Continue reading

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Important Information for Lawyers Who Accept Credit Card Payments

Changes in the law regarding the reporting of credit card transactions have the potential to negatively impact IOLTA accounts and lead to ethically violations by lawyers. Pursuant to the Housing Assistance Tax Act of 2008, credit card processing companies are … Continue reading

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National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Tax Reform, IRS Funding and Identity Theft

National Taxpayer Advocate Nina E. Olson today released her 2012 annual report to Congress, identifying the need for tax reform as the overriding priority in tax administration. The Advocate also expressed concern that the Internal Revenue Service is not adequately … Continue reading

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