On September 23, 2005, the Internal Revenue Service began sending notices to tax payers in thirteen states that there may be a problem with their tax payments. Here is the scoop.
Traffic School?
It seems one of the trucks carrying the payments was involved… Read the rest –>
Filed under Tax Refunds by on Aug 8th, 2009.
Debt Resolution, IRS Settlements Offer Help for Serious Tax Problems
San Mateo, Calif., – With tax day behind us, consumers and business owners who owe the IRS are not out of the woods. But while death and taxes are the big two inevitabilities, those… Read the rest –>
Filed under Tax Refunds by on Aug 9th, 2009.
On June 3, 2005, the IRS released guidance on charitable deductions for donated vehicles. The American Jobs Creation Act (AJCA) radically changed the amount of the deduction taxpayers can claim for their donated car.
Fair Market Value v. Actual Sales Price
When donating a… Read the rest –>
Filed under Tax Refunds by on Aug 9th, 2009.
Donating a car to charity is not that difficult. However, you need to be aware of the tax regulations before you donate your car to a non-profit organization. The IRS provides some general rules of thumb on car donations:
Starting in 2005, if the… Read the rest –>
Filed under Tax Refunds by on Aug 10th, 2009.
An early distribution from an Individual Retirement Arrangement (IRA) or a qualified retirement plan need not be a taxing experience. Fortunately, there are exceptions to early distributions.
Any payment that you receive from your IRA or qualified retirement plan before you reach age 59… Read the rest –>
Filed under Tax Refunds by on Aug 10th, 2009.