TurboTax: Taking Care Of Your Tax Needs

TurboTax 2012

In the near future, millions of taxpayers will need to file their taxes for 2012. This occasion often causes stress for many individuals, especially those who procrastinate. Each and every person requires reliable preparation software for a smooth experience. Luckily, an option like TurboTax 2012 will suit the average person’s needs perfectly. Various features combine to form the perfect software here.

TurboTax offers a variety of different preparation suites that guide users through the filing process. For instance, the basic free edition works perfectly for simple returns. On the other hand, software are available for small business owners … Read the rest

Tax Carnival Ecstasy – January 24, 2012

Welcome to the January 24, 2012 edition of Tax Carnival Ecstasy. In this edition we have DeWitt Dudley explaining how to Report Your Japanese/Foreign Inheritance. The Effective Tax Rate is Not As Simple As It Seems accoring to Patrick LaRue at 2010 Tax. Eva reports that there are Three Days Extra To File Taxes in 2012. And finally we have Robert Moore reporting that the IRS plans to Audit more taxpayers in 2011 than in previous years. Hope you enjoy the material, bookmark, share, tweet, like on Facebook and come back soon.

DeWitt Dudley presents Protecting The Owners and Stock

Read the rest

Simple Tips To Help You When Determining Your Filing Status

Eight Tips to Help You Determine Your Filing Status

Before you file your federal income tax returns, you must first determine you filing status. There are 5 filing statuses: Married Filing Jointly, Single, Married Filing Separately, Qualifying Widow or Widower with Dependent Child and Head of Household. Your filing status is normally used to determine your standard deductions, filing requirements, eligibility for certain deductions and credits. It also helps in computing correct taxes.

It is important to note that some people may have more than one status. The following are 8 tips to help you when filing your returns. … Read the rest