Income Taxes - Are You Likely to Get a Notice About Your Tax Return?

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 6 6

Each year the IRS conducts a review of income tax returns. While some of tax returns are randomly selected others are chosen specifically because they meet watch list criteria. However, just because your situation may fall into this category does not mean that there is cause for alarm.

Alimony Paid Deduction

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 9 9

If you paid alimony or separate maintenance to your ex-spouse, report the total amount of alimony you paid during the year on Line 34 of your Form 1040.

Guidelines for Filing Taxes & Deductions

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 10 10

In the United States, taxes are a near universal obligation. Nearly everyone in the country who works or who receives significant income will have to file an income tax return at some point. However, just because it is a common task doesn't mean it is easy --- the IRS publishes hundreds of different

The Average Pay for a Medical Assistant in Tennessee

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 11 11

Of the estimated 495,970 medical assistants working in 2009, an estimated 10,090 were employed in Tennessee. The Nashville College of Medical Careers describes the work of a medical assistant as combining job functions of a "receptionist, secretary, lab assistant, office nurse, bookkeeper, and medic

What Can Be Purchased With a Tax ID Number?

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 9 9

A Tax ID Number or Employer Identification Number (EIN) is a nine-digit number given to organizations and businesses by the Internal Revenue Service (IRS). A Tax ID Number is used by businesses for tax reporting purposes. It can also be used to open bank accounts, apply for credit and obtain busines

Information on School Fundraising

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 10 10

Fundraising is one of the traditional ways in which schools get extra money for special programs, extracurricular equipment and other extraneous needs. Fundraising ideas run the gamut from selling sodas to students after school to school-sanctioned car washes to students going door-to-door in their

Tax Settlement Methods

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 7 7

There are many methods of tax settlement with the IRS. They have created tax settlement possibilities for every type of financial situation. There are thousands of people that cannot pay their back taxes. The worst ...

Can You Get an Auto Loan If Your Only Income Is Unemployment and Workers Comp?

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 10 10

When you apply for an automobile loan, your lender evaluates the likelihood of you repaying the debt. Lender's lose money if you default on a debt so most lenders check your past credit history and current income levels before extending credit to you. Few lenders approve loans based on unemployment

How to Get Temporary Child Support When Filing for Divorce

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 4 4

Divorce can be a long and complicated process, particularly if children and assets are involved. In most cases, when the divorce is final, one parent will have primary custody of the minor children and the other parent, the noncustodial parent, will have to pay child support. However, long before th

Can My Boyfriend Claim My Children on His Taxes Since We Live With Him?

Taxes 2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM

2/23/2024 7:29:00 AM 2/23/2024 7:29:00 AM 7 7

If you and your children are living with your boyfriend, he may be able to claim the children as dependents on his tax return. For him to do so, however, the kids cannot be claimed as a dependent by anyone else, and your boyfriend must pass a number of tests spelled out in the tax code.

Florida Tax Amnesty

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 6 6

Florida has announced a tax amnesty program that will run from July 1, 2010, to September 30, 2010, and will provide penalty and interest waivers to those who pay their overdue tax debts.

File Your Taxes Online

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 12 12

For long, people in India have been filing Income tax returns standing in lines with papers in hands, however, with the development of new and innovative technologies, one can file his or her taxes online, sitting in the living room at his or her own comfort. One thing is for sure that no person on

How to Get a Notarized Earning Statement in Pennsylvania

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 5 5

In Pennsylvania, you can use a notarized statement of earnings to verify your income for public assistance programs and other benefits. The procedure for obtaining the statement in Pennsylvania is the same in every state. The U.S. Social Security Administration provides free yearly non-certified inc

Income Tax Help Seek a Tax Assistance Provider to Avoid Tax Issues

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 5 5

Consulting with a Tax Help Corporation for Income Tax Guidance can guidance you prevent tax problems.

How Are School Taxes Calculated?

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 11 11

School taxes are a necessary evil when it comes to owning a home or business. Homeowners have to deal with these taxes when paying their mortgage or living in their homes to help schools be built, managed and staffed. Considerations to make when determining school taxes include assessments and tax r

Las Vegas Accounting Services - Accountant Firm

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 7 7

What are value-added Las Vegas accounting services? What to look for in an accountant. The process of choosing a CPA firm.

Tales From the Tax Prep Front Lines

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 8 8

Tax preparation gives interesting insight about personal financial situations. Here are some examples.

The Legality of Offshore Company Unchallenged

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 8 8

Many people including my colleagues from other departments, business school mates, my family members are asking about my profession, what I am actually doing for living. I used to (mimick my flambuoyant (former) Manager Director) tell people that I worked in a world leading independent trust company

Are Mortgage Processing Fees Deductible?

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 10 10

Under federal tax law, when you take out a mortgage, you can deduct various mortgage-related expenses from your taxable income. However, you cannot deduct processing fees. Many people have trouble differentiating processing fees from origination points, because some lenders bundle non-deductible fee

Flex Mileage Reimbursement

Taxes 2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM

2/24/2024 7:34:00 AM 2/24/2024 7:34:00 AM 12 12

Employers often offer a flex medical account, also known as a cafeteria plan, as a benefit of working for the company. Employees can deposit pre-tax dollars into their flex account and use them to pay for medical expenses. This kind of plan may make sense for employees who have serious medical probl