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IRS Owes You Money If You Paid Long Distance Phone Taxes The IRS has decided to give up the fight on an ongoing legal issue regarding taxes it has collected on long distance telephone services. Here is the scoop. The IRS Owes You Money If You Have Paid Long Distance Phone Taxes Every one of us pays for some form of long distance telephone service. The more you use the service, the more you start hunting for better rates. Whatever choice you mak…

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blic debt. ~ Public revenue is the income of the Government raised from all sources in order to meet the public expenditure. *MEANING: ~ Public revenue refers to government revenue. The important sources of public revenue are taxes, sale of public goods and services, fees, fines, donations, etc. ~ The source of public revenue can be : TAX REVENUE, NON-TAX REVENUE. *SOURCES: A) TAX REVENUE: ~ Taxes are the most vital sources of public revenue. ~ ‘…

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x offices. She also explains how Liberty Tax Service is one of the few nationwide franchises that still offers Refund Anticipation Loans. “You know,” she says with a smile, ”with Liberty Tax about, taxes can take much less time, shell out out more cash and be genuine fun.” …

IRS Issues Long-Term Care Insurance Premium Deductibility Limits for 2006 Nov. 8, 2005- The Internal Revenue Service has announced the 2006 limitations on the deductibility of long-term care insurance premiums from taxes. Premiums for “qualified” (see explanation below) long-term care policies are treated as an unreimbursed medical expense. These premiums what the policyholder pays the insurance company to keep the policy in force &#…

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  Here’s what you need to do, if this is your situation: File your tax return on or before October 15th and send it in with a money order or cashier’s check for .00.  This will ensure two hugely important things: 1.) It will take the IRS’s power away to assess a 25% failure to file penalty away, and 2.) it will create a computerized record at IRS that you filed on time and made a good faith and credible effort to pay something. So those of your …

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