Tax Facts & Tips

The IRS extended the filing due date because of the April 16th storm
The IRS announced on Monday evening that taxpayers in the Northeast who were affected by the northeaster storm on April 16 could file their federal tax returns... Because this unusually forceful storm hit within 24 hours of the filing deadline, we are giving affected taxpayers...
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Posted by Kenneth Maloof at
4/17/2007 5:16 AM | View Comments (0) | Add Comment | Trackbacks (0)
Thinking of filing an extension?
An extension gives extra time for filing your taxes... Many people think that an extension gives you more time to pay your taxes keep in mind however...
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Posted by Kenneth Maloof at
4/14/2007 7:58 AM | View Comments (0) | Add Comment | Trackbacks (0)
SAVERS CREDIT
The Savers Credit is designed to reward middle and lower income taxpayers that put away money for...
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Posted by Kenneth Maloof at
3/31/2007 6:21 AM | View Comments (0) | Add Comment | Trackbacks (0)
READ YOUR K-1 CAREFULLY!
The IRS did a major redesign of the K-1 forms last year...
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Posted by Kenneth Maloof at
3/31/2007 6:16 AM | View Comments (0) | Add Comment | Trackbacks (0)
Top seven tax filing errors to avoid
My Top 7 picks for the most common tax filing errors are...
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Posted by Kenneth Maloof at
3/31/2007 6:10 AM | View Comments (0) | Add Comment | Trackbacks (0)
Do not include any Social Security numbers in e-mail
Do not include any Social Security numbers in e-mail... What about you… Are you opening the door to...
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Posted by Kenneth Maloof at
3/31/2007 6:05 AM | View Comments (0) | Add Comment | Trackbacks (0)
Charitable Donations
The IRS has changed the reporting and record retention requirements of gifts to charity. This new rule takes effect in two stages.
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Posted by Kenneth Maloof at
3/31/2007 5:59 AM | View Comments (0) | Add Comment | Trackbacks (0)
You Can Still Make an IRA Contribution for 2006!
If you’ve been thinking about making a contribution to your IRA for 2006 but just haven't gotten around to it...
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Posted by Kenneth Maloof at
3/31/2007 5:49 AM | View Comments (0) | Add Comment | Trackbacks (0)
School Teachers can deduct your
If you are an eligible qualified educator, you may be able to deduct up to...
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Posted by Kenneth Maloof at
3/28/2007 4:16 PM | View Comments (0) | Add Comment | Trackbacks (0)
Deducting the cost of your home for business.
If you use a portion of your home for business purposes, you may be able to take a home office deduction no matter whether you are...
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Posted by Kenneth Maloof at
3/28/2007 4:09 PM | View Comments (0) | Add Comment | Trackbacks (0)