When you work from a home office, you incur a number of costs to keep your business going. The good news is that many of these home office costs are tax-deductible.
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A review of how the IRS offer in compromise program changed from 2011-2012 after the fresh start program. Offers increased, but less than than the growth of total offers accepted and the growth of the acceptance rate.
Now that tax season is over, you might be expecting a refund. When you get that tax refund, what will you do with it?
The IRS just released just released data providing information about all things tax collection. Included in the data they released is information about tax liens and tax levies.
Instead of subjecting you to the same boring list of “what your tax return should be used for” I figured I’d point out what most of you will do instead.
Get a better understanding of the five different filing statues for Federal taxes to ensure you you file your tax return in 2012 and in 2013 with the correct filing status.
You've maxed out on contributions to your traditional IRA, so there's nothing left for you to do, right? Wrong.