Over 50% of all US households paid NO federal tax for the tax period of 2009. Even more impressive than that is that almost 30% of all households got a check back for MORE than all of their income taxes they paid in. This is due to the refundable credits such as Earned Income Tax Credit and The First Time Home Buyer Tax Credit. Some explain these dramatic figures are due to the recession hitting in 2009 and increasing the amount of low income individuals filing tax return for that period, but the figure is still staggering!
Pricing is officially set for tax preparer registration for the coming 2010 tax year.
Comparing the positives and negatives of online vs. desktop tax preparation software.
IRS removes debt indicator from banks and software transmitters.
Paperwork requirements when making changes or corrections to clients rejected tax returns.
Use the disconnected youth tax credit to save your tax office payroll expenses this tax…
The IRS has released their changes relating to Flex Spending Accounts for the 2011 tax…
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