Earned Income Tax Credit (EITC) Information

How to Pay Zero Taxes by Jeff A. Schnepper

Fully updated to include all the latest tax law changes, How to Pay Zero Taxes outlines the easiest, most practical strategies you can use to lower your taxes this year, next year, and beyond. From converting personal expenses into business expenses to avoiding or surviving an IRS audit, Jeff Schnepper's guide comprehensively covers more deductions than any other tax book, all conveniently organized in six fast-access categories: exclusions, credits, “above-the-line” deductions, “below-the-line” deductions, traditional tax shelters, and supertax shelters.

Jeff A. Schnepper is the author of several books on finance and taxation, including How to Pay Zero Estate Taxes and all twenty-four previous editions of How to Pay Zero Taxes. He is a financial, tax, and legal advisor to the Transamerica sales force and runs a full-time accounting and legal practice in Cherry Hill, New Jersey. Mr. Schnepper is Microsoft's MSN MONEY tax expert, an economics editor for USA Today and is tax counsel for Haran, Watson & Company.

     

Earned Income Tax Credit (EITC) Information - Irs Tax Help

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Earned Income Tax Credit (EITC) Information * Irs Tax Help

Getting Tax Help From The IRS   
Carl LaFresnaye

They say that the only things certain in life are death and taxes.

Since we are all faced with filing our taxes year after year, it is pretty unavoidable.

Article to continue below----------------------------------------------

Let Bush Tax Cuts End, Economists Say (Fox News)
NABE economist said Congress should let the Bush tax cuts expire.

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If you can afford to have a Certified Public Accountant file your taxes, you're fortunate. Maybe your taxes are complex enough that having that kind of professional help is crucial. Many who own their own business are in that sort of situation.

Many others of us can go to a local tax office – like an H&R Block – and have them help us with our taxes. They have computer programs that ask the right questions to get your taxes done accurately. You just have to bring in basic items, like you W2 forms and investment information. They can also submit your taxes online – making your refund (if you get one) come much quicker than mailing in a paper copy of your taxes.

Article to continue below----------------------------------------------

NY Governor Rejects Reimposing Stock Transfer Tax (Reuters Via Yahoo! News)
New York state should not reimpose a stock transfer tax as this would make Wall Street firms move to other cities such as New Jersey's Newark, or other states like Connecticut, Governor David Paterson...

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If your financial life is comparatively simple, you might be able to file your own taxes – it really isn't that hard if you work for someone else and don't have enough deductions to justify itemizing them. You can just take the standard deduction and filing your forms will be fairly simple. Gather your financial information and try it.

If you're working on filling out your own tax forms, the IRS can help with your unanswered questions. There are other sources of tax help, but a reliable one is to ask the IRS – the ones in charge of the whole system. So, you might consider getting tax help from the IRS. In which ways do they offer help? Let's take a look.

Online With The Internal Revenue Service

The Internal Revenue Service (IRS) has quite a good website. It is full of self-help features. They have all of the tax forms downloadable, as well as the instruction booklets. You can read them online or on your computer, or print them out. As for the tax forms, the IRS has helped there, too. The tax forms can be opened and completed, or saved for filling in later. The information you fill in will be saved for later, if you choose that type of form. Other forms can only be printed out for filling in manually. Most people prefer to fill the forms in online, as those can also be saved electronically for future reference when applying for education grants, etc.

The IRS also has a listing of the most common questions – you may find your question is already answered there. It's a great place to check first for accurate tax help from the IRS.

Phoning The Internal Revenue Service

If the answer to your question isn't available online, the IRS also has a toll-free phone number you can call to ask a live body your tax questions. If the IRS gives you tax help, it should be a reliable, accurate answer.

What Other Authors say about Taxes

Unclaimed Tax Refunds: How To Claim Yours by Gray Rollins

When a taxpayer owes money on their taxes they need to pay the amount owed before the traditional April 15th deadline. If the amount owed on taxes is not paid before the deadline, then federal and state...

Using The Federal Withholding Tax Table by Carl LaFresnaye

The federal withholding tax table is used to determine the amount of taxes that an individual must pay according to his or her living status, amount of money he or she makes, and his or her age. These...

Finding Free Printable Tax Forms by Carl LaFresnaye

If an individual decides to do his own taxes, there are many different avenues where he can find free printable tax forms for his use. There are websites that provide these forms to individuals at no...

Income Tax Return Filing 101 by Glenn McDonald

The month of April rolls around and most of America is getting ready to prepare their income tax returns.Every year everyone who made an income are required to report income to the federal and state governments...

A Partial List Of Tax Deductibles by Carl LaFresnaye

The list of tax deductibles allowed by the IRS is so long and complicated that nobody seems to know exactly how many there are. Even Jeff A Schnepper's book How To Pay Zero Taxes, which is actually subtitled...

Tax Credit for Going Solar by Rick Chapo

As we sit in the middle of winter, most people can't believe how high their utility bills are. Going with solar energy can lower your bills and you get a hefty tax creditSolar Tax CreditSolar energy is...

About That Tax Rebate Check... by Carl LaFresnaye

You're getting a tax rebate check! Lucky you! I'm sure you're already planning how to spend it – who wouldn't? There are plenty of ways to spend it – and a lot of things you can do in the meantime, while...

Need a Copy of Your Tax Return Information? by Richard A. Chapo

Taxpayers have two easy and convenient options for getting copies of their federal tax return information. Tax return transcripts and tax account transcripts -- by phone or by mail.A tax return transcript...

Tax Treatment for Coverdale IRAs by Tony Novak

A number of publications, including my own, have mistakenly reported over the past year that Coverdale IRAs, formerly known as Education IRAs, are tax deductible. Coverdale IRAs are not tax-deductible.Originally...

Sources Of Free Tax Help by Carl LaFresnaye

Taxes are complicated! Everyone knows it – and most of us wish it were much more simple and easy to understand. But it isn't likely that the tax code will be simplified that much anytime soon – so we soldier...

Health Savings Accounts and Taxes by Kurt Stammberger

HSAs have a "triple" tax advantage from a federal tax standpoint. Individuals receive full tax advantages for HSAs on their Federal Income Tax return (or through a salary reduction program in certain employer-sponsored...

How To Prepare Your Income Tax Return by Don Kransteuber

The first step in your income tax preparation is to work out your total income. A person's total income includes many kinds of receipts such as wages, interest, alimony, lottery winnings and many more....


Who are the CPA Moms?      Your Tax Professional Forever!!!!

“CPA Moms - Tax Moms - EA Moms" are trade names given to Accounting and Tax Professionals who chose to work in an “relaxed” environment. Some "Moms" work from home, other work from personal offices. Not all are Moms, there are some Dads. We call them Mr. Tax Moms. CPA Dads or Enrolled Agents Dads.
Each Mom is independent. Once a client starts working with a Mom, the client will keep the same “Mom” year after year regardless of where the client moves or relocates. Being in a “relaxed” environment has many advantages. Lower overhead, faster response time, more availability, etc.
To be a member a CPA Mom, Tax Moms, or an Erolled Moms the Tax Professional must ALWAYS be in good standing with their state licensing agency, experienced, and must demonstrate a high level of ethics, professionalism and proficiency.
Tax Net Inc, the parent company for all CPA Moms, Tax Moms and Enrolled Moms, developed the marketing and on-line systems to help qualified Tax Professionals who "choose" work from their “relaxed” environment and offer better service at a lower price to the consumer.
Since the “Moms” do taxes and accounting of all complexities, there is always a Mom available for every level of work. Since each Mom has a private 800 number, you are just a phone call away, regardless of where you live.
For reliability and dependability of Tax Net, Inc, the parent company of the “Moms” organization click on the Better Business Bureau (BBB) icon.

To Join CPA Moms

Click for accredited member's reliablility report.

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Index of Articles about Taxes

What Other Authors say about Taxes

Unclaimed Tax Refunds: How To Claim Yours by Gray Rollins

When a taxpayer owes money on their taxes they need to pay the amount owed before the traditional April 15th deadline. If the amount owed on taxes is not paid before the deadline, then federal and state...

Using The Federal Withholding Tax Table by Carl LaFresnaye

The federal withholding tax table is used to determine the amount of taxes that an individual must pay according to his or her living status, amount of money he or she makes, and his or her age. These...

Finding Free Printable Tax Forms by Carl LaFresnaye

If an individual decides to do his own taxes, there are many different avenues where he can find free printable tax forms for his use. There are websites that provide these forms to individuals at no...

Income Tax Return Filing 101 by Glenn McDonald

The month of April rolls around and most of America is getting ready to prepare their income tax returns.Every year everyone who made an income are required to report income to the federal and state governments...

A Partial List Of Tax Deductibles by Carl LaFresnaye

The list of tax deductibles allowed by the IRS is so long and complicated that nobody seems to know exactly how many there are. Even Jeff A Schnepper's book How To Pay Zero Taxes, which is actually subtitled...

Tax Credit for Going Solar by Rick Chapo

As we sit in the middle of winter, most people can't believe how high their utility bills are. Going with solar energy can lower your bills and you get a hefty tax creditSolar Tax CreditSolar energy is...

About That Tax Rebate Check... by Carl LaFresnaye

You're getting a tax rebate check! Lucky you! I'm sure you're already planning how to spend it – who wouldn't? There are plenty of ways to spend it – and a lot of things you can do in the meantime, while...

Need a Copy of Your Tax Return Information? by Richard A. Chapo

Taxpayers have two easy and convenient options for getting copies of their federal tax return information. Tax return transcripts and tax account transcripts -- by phone or by mail.A tax return transcript...

Tax Treatment for Coverdale IRAs by Tony Novak

A number of publications, including my own, have mistakenly reported over the past year that Coverdale IRAs, formerly known as Education IRAs, are tax deductible. Coverdale IRAs are not tax-deductible.Originally...

Sources Of Free Tax Help by Carl LaFresnaye

Taxes are complicated! Everyone knows it – and most of us wish it were much more simple and easy to understand. But it isn't likely that the tax code will be simplified that much anytime soon – so we soldier...

Health Savings Accounts and Taxes by Kurt Stammberger

HSAs have a "triple" tax advantage from a federal tax standpoint. Individuals receive full tax advantages for HSAs on their Federal Income Tax return (or through a salary reduction program in certain employer-sponsored...

How To Prepare Your Income Tax Return by Don Kransteuber

The first step in your income tax preparation is to work out your total income. A person's total income includes many kinds of receipts such as wages, interest, alimony, lottery winnings and many more....