By THE ASSOCIATED PRESS
Published: March 3, 2010
Filed at 6:28 p.m. ET
NEW YORK (AP) — You bought a car last year and that monthly payment is causing pangs of buyer’s remorse. Take heart — that new car could lead you to a refund this tax season.
That’s because taxpayers who bought new vehicles in 2009 are eligible [...]
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Posted in Tips on Mar 4th, 2010 12 Comments »
BOSTON (TheStreet) — Life can throw more curveballs at you than Dizzy Dean in his prime. Touchstone events are not only sources of elation and anxiety, they often come with financial ramifications.
With tax season in full swing, it is important to see how changes to your status quo may impact your 2009 filing.
Marriage
For couples who [...]
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Posted in Tips on Feb 18th, 2010 3 Comments »
February 18th, 2010 by Matthew C. Keegan | Filed under Consumer Tips.
You’ve just received the one notification everyone dreads: the Internal Revenue Service (IRS) has decided to audit your tax returns. Don’t panic: 1.4 million Americans were audited in 2009 with an even greater number expected to be audited this year and beyond. The federal government [...]
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Posted in Tips on Feb 12th, 2010 1 Comment »
By Kay Bell • Bankrate.com
TAX TIP No. 19
You’re still waiting for your W-2. You know you’re getting a refund and you want to file your return, but it’s something you can’t do until you receive your annual wage statement.
In this tax tip:
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Check with payroll
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Alert the IRS
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Form 4852
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Do-it-yourself W-2
If you end up without the form in early [...]
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Posted in Tips on Dec 11th, 2009 No Comments »
Posted by: on December 01
In this economic climate, many companies are concerned about their cash tax rates. These planning considerations may reduce your corporate tax bill:
1. Review new expensing rules for capital expenditures. The maximum deduction is $250,000 in 2009. The amount of the deduction is reduced dollar for dollar by the cost of [...]
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