admin

23

Jul2016
  Most states require you file state refunds along with the federal refund with the exceptions of Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming where there is no state individual income tax. Are you curious how to check your tax refund status? Continue reading below. If you have a ... Read More
July 23, 2016admin

17

Jul2016
    EIN stands for Employer Identification Number; it is also called Federal Tax Identification Number. Like the individual tax payers are given a Social Security number, similarly companies are identified through EIN. Many entrepreneurs are confused if they really need an EIN, here ... Read More
July 17, 2016admin

17

Jul2016
Asking for Tax Extensions are really helpful when you need some extra time to pay taxes. Members of military usually need extra time in paying the amount of tax owed. They might be at a deputation during a tax period or they might be so ... Read More
July 17, 2016admin

17

Jul2016
    The IRS first-time penalty abatement (FTA) waiver was introduced 12 years ago. It is still not known to many people. What is FTA? IRS FTA allows a non compliant taxpayer to request abatement of certain penalties for a single tax period. The reasons due to which individual ... Read More
July 17, 2016admin

17

Jul2016
It is the duty of tax payers to pay taxes on time. According to an estimate approximately 44% of people do not pay income taxes. This is a huge number, it is important that people are encouraged to pay federal income tax. Even if an individual is note paying income ... Read More
July 17, 2016admin

17

Jul2016
When a tax payer gets a Tax refund, it’s a real happy moment for him. The excitement of getting the money back cannot be underestimated. This extra amount of money is a sort of a treat for the tax payer; it is the spare amount ... Read More
July 17, 2016admin

09

Jul2016
      No. 1: Lack of complete Information till the deadline It is impossible to file a tax return if you do not have proper information with you. Sometimes few required forms get delayed and you the tax payer is unable to file the return by the April deadline. The IRS allows ... Read More
July 9, 2016admin

09

Jul2016
  Tax Extension is the extra time that an applicant asks from IRS to file the tax returns. There are many reasons due to which tax payers file a tax extension. If a tax payer is unable to fill the forms at the right time, or ... Read More
July 9, 2016admin

09

Jul2016
The first thing that comes in the mind of a taxpayer is to know who can requests a tax extension, it is important that a tax payers knows the details of all the advantages they can get during the tax payment process. Tax extension can be applied by those who ... Read More
July 9, 2016admin

09

Jul2016
If a tax payer is unable to file the tax returns on time, he can request IRS to give tax extensions. The most appropriate extension time is six months. The IRS gives an extension from April 15 to October 15. The tax payer must understand that there is a ... Read More
July 9, 2016admin