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Nov 20th
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IRS: Late tax fix delays refunds (AP) E-mail
AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday.
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Home Office Deduction Many people whose small businesses qualify them for a home office deduction are afraid to take it because they've heard it will trigger an audit. But this deduction is no longer a red flag for an IRS audit. These tips can help you determine if you qualify to take the deduction--and rest easy when...
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Filing Taxes
5 Smart Ways to Use That Refund Sample ImageWhile nobody likes filing tax returns, most people are rewarded handsomely for their efforts: About 75% of taxpayers get a refund, according to the Internal Revenue Service. In 2005, the average refund rang in at more than $2,000, a nice chunk of change.
Investment Taxes
Mileage deductibility question For an independent contractor working at an agency, is mileage deduction
available for the following kinds of trips:
1. Offsite training required by the agency.
2. Offsite training related to the trade recommended but not required by
the agency.
3. Meetings of the local trade group.
Thanks.
 
Work and Business Taxes
Tax Tips for Married Business Owners When married couples run unincorporated small businesses, they can really get nailed by the federal self-employment tax (SE tax). In fact, these small-business owners often face SE tax bills that exceed their federal income tax bills.
Home and Family Taxes
A letter from the IRS? Don't be alarmed Don't be alarmed. More than 130 million households will get letters from the Internal Revenue Service beginning next week and it's good news, not bad.
 
 

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