Tips for Taxable vs. Nontaxable Income
Are you looking for a hard and fast rule about what income is taxable and what income is not taxable? The fact is that all income is taxable unless the law specifically excludes it. Taxable [...]
Tax Saving Tips for Parents!
Your children may help you qualify for valuable tax benefits. Here are eight tax benefits parents should look out for when filing their federal tax returns this year. 1. Dependents. In most cases, you can claim [...]
What to know about AMT Tax!
Have you ever wondered if the Alternative Minimum Tax applies to you? You may have to pay this tax if your income is above a certain amount. The AMT attempts to ensure that some individuals [...]
FTB Sending letters to 1M who not file 2012 tax returns!
More than one million people who did not file a 2012 state income tax return are receiving letters seeking those returns or to verify that they do not have a tax filing requirement, according to [...]
IRS TAXPAYER ADVOCATE REPORT TO CONGRESS FOR IRS CHANGES / FOCUS IS A TAXPAYER BILL OF RIGHTS!
National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Taxpayer Bill of Rights and IRS Funding WASHINGTON — National Taxpayer Advocate Nina E. Olson today released her 2013 annual report to Congress, [...]