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IRS Wants to Know About Fake Emails Using IRS Name

Obviously, you use the Internet or you wouldn’t be reading this article. Since you use the web, you know about phishing scams or should. Some scams are now using fake IRS identification. IRS Wants to Know About Fake Emails Using IRS Name The IRS has sent out numerous press releases …

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Make Your Accountant Your Best Friend

Many people just assume their accountant will cut their taxes as much as possible. To get the biggest benefit from them, you need to be a bit more proactive. Make Your Accountant Your Best Friend Accountants tend to come in two types. The first is a reactive accountant, one that …

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IRS Lock-In Letters What’s An Employer To Do?

Employers often ask employees to designate the amount of tax withholdings for paychecks. Occasionally, employees will fail to withhold a sufficient amount in the eyes of the IRS. The IRS will then send a “lock-in” letter on the amount to be withheld. What’s an employer to do? Withholdings Four taxes …

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Maximize Your After-Tax Returns

If you want to minimize receiving taxable distributions from mutual fund investments, tax-efficient funds should be considered for your investment portfolio. In tax-efficient investing, the focus is not on what you earn but what you are able to keep. The objective is to produce the best after-tax returns. Such mutual …

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Tax Preparation Software: The Good, the Bad and the Ugly

The medium is the message, it’s sometimes said. Think of Franklin D Roosevelt and his “fireside chats” to the nation. In a pre-TV era, the radio was the perfect medium to “have a conversation with the American people”. He could get his reassuring message right into folks’ homes, and become …

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New Procedure for Settling Tax Debts with the IRS

The Tax Increase Prevention and Reconciliation Act of 2005 has ushered in new rules for settling tax debts with the IRS. Here is the scoop on the compromise procedures. New Procedure for Settling Tax Debts with the IRS If you owe the federal government back taxes, there are two approaches …

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Adult ADD And Taxes

I know you still have about three months until you have to file your U.S. tax forms, but now is a good time to think about taxes. Many adults with ADD would rather scrub the floor with a toothbrush then work on preparing their taxes. Here are some tips to …

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