Date Submitted: Jan 31, 2011 - 9:16:13 AM
Summary: Who is Self-Employed?
Generally, you are self-employed if any of the following apply to you.

Date Submitted: Dec 17, 2010 - 1:04:13 PM
Summary: Individual taxpayer's can do taxes online directly from home using efile tax software. Online tax filing is one of the fastest and most affordable ways to file federal income tax.

Date Submitted: Dec 13, 2010 - 4:41:32 PM
Summary: Abusive tax schemes have evolved from simple structuring of abusive domestic and foreign trust arrangements into sophisticated strategies that take advantage of the financial secrecy laws of some foreign jurisdictions and the availability of credit/debit cards issued from offshore financial institutions.

Date Submitted: Dec 7, 2010 - 10:34:14 AM
Summary: 2011 Standard Mileage rates used to calculate the deductible cost of operating an automobile for business, charitable, medical or moving purposes has been announced by the IRS.

Date Submitted: Dec 6, 2010 - 2:12:20 PM
Summary: Starting January 1, 2012, the 100-return threshold will be reduced to 11 or more income tax returns that the preparer, or the preparers firm in the aggregate, expect to file in 2012 for individuals, trusts and estates.

Date Submitted: Nov 22, 2010 - 11:34:28 AM
Summary: Temporary Increase in Credit for Alternative Fuel Vehicle Refueling Property: The new law modifies the credit rate and limit amounts for property placed in service in 2009 and 2010.

Date Submitted: Nov 18, 2010 - 12:47:48 PM
Summary: Return preparer fraud involves the preparation and filing of false income tax returns by preparers who claim inflated personal or business expenses, false deductions, unallocated credits or excessive exemptions on returns prepared for their clients. Preparers may, for example, manipulate income figures to fraudulently obtain tax credits, such as the Earned Income Tax Credit.

Date Submitted: Nov 18, 2010 - 12:28:02 PM
Summary: Homebuyers Credit. Homebuyers who purchase by April 30, 2010, and settle by September 30, 2010, may be eligible for a credit of up to $8,000. Documentation requirements apply.

Date Submitted: Nov 16, 2010 - 2:51:15 PM
Summary: Social Security announced that they will not grant a cost of living increase for the year 2010. Based on the statuses governing Cost of Living Adjustments (COLA) for CTRB members, members who retired on or after September 1, 1992, shall be eligible for an annual cost of living allowance.

Date Submitted: Nov 9, 2010 - 3:56:30 PM
Summary: The Internal Revenue Service reminds consumers to avoid identity theft scams that use the IRS name, logo or Web site in an attempt to convince taxpayers that the scam is a genuine communication from the IRS. Scammers may use other federal agency names, such as the U.S. Department of the Treasury.