OK, we'll cut to the chase. After all, we know how much we hate
to wait for the payoff: The IRS just might have some money for you.
All you have to do to get it is file.
Did you earn income in the last few years, but didn't file a tax
return because you just didn't make enough to file? Or maybe you
didn't have any tax withheld from your pay, but would be eligible
for the refundable Earned Income Tax Credit?
If the answer to either question is "Yes," the IRS may have a
check waiting for you. In the case of the below-minimum wage
earner, you can claim a refund for the tax that was withheld from
your pay. For those qualifying for the Earned Income Tax Credit,
you just need to file a return to claim it.
If you have recently sold or are thinking about selling your
home, the Internal Revenue Service has some important information
to share. According to the IRS, if you have a gain from the sale of
your main home, you may qualify to exclude all or part of that gain
from your income. The following ten tips from the IRS should be
kept in mind when selling your home.
Days are getting shorter, the air is getting crisp; Autumn is
around the corner and many farmers are bringing in their final
harvest of the year. If you are a farmer, you put in many long
hours and resources to grow the best crops and livestock. Now is
the time to get your income and expenses sorted out before tax
season arrives. We can help by covering some income sources and
deductible business expenses for farmers, as listed on the IRS