Some people file their federal income tax returns before April 15 and then some wait until 11:50 p.m. on April 15. This year we get until April 17, but it doesn’t matter much if you aren’t ready. Perhaps you haven’t received all your statements of income, 1099 or W-2 forms, or interest for your 1098 forms, or you … Continued
Have you visited the IRS website lately? It has an updated look, a little more user friendly. Not all pages have been updated, but I am sure they are working on it. Check it out www.irs.gov Last month the IRS offered an Employee Reclassification Agreement. Employers may reclassify independent contractors as employees and limit the … Continued
You need to wait to file your 2010 income tax if you are impacted by any of the tax deductions or credits renewed by the Tax Relief Act of 2010, enacted December 17th: The following schedules are changing: Form 1040, Schedule A, itemized deductions; Form 8917, Tuition and Fees deduction; Form 1040, line 23, Educator … Continued