Tax Tips For 2012

With football season winding down, another season is just starting – Tax Season.  Although watching the college bowl games and NFL playoffs is clearly much more exciting than watching the IRS’s youtube video above, you can stay on top of your “tax game” by following these tips: 1. GATHER YOUR DOCUMENTS you’ll need when filing… Continue reading Tax Tips For 2012

Tax Lady Roni Deutch Gets Slapped with a Large Tax Lien and Forced to Close Firm

You’ve seen them – the loud, obnoxious commercials by “Tax Resolution” companies, promising to settle your IRS tax debt for pennies on the dollar.  These “assembly-line” Tax Law Firms prove true the old adage, “You get what you pay for.” Unfortunately, you are likely to pay more and get less than you bargained for. Ronnie… Continue reading Tax Lady Roni Deutch Gets Slapped with a Large Tax Lien and Forced to Close Firm

Capital Gain Rates in 2011

Many taxpayers lose out on advantageous tax breaks because they are unaware that many things they own qualify for lower capital gain tax rates. Almost everything you own and use for personal or investment purposes is considered a “capital asset.” Some examples of things you may own that are capital assets are: 1. stocks and… Continue reading Capital Gain Rates in 2011

Missed the 2010 Tax Return Filing Deadline?

If you missed the April 18th deadline to file your 2010 Tax Return, it’s not too late.  While you consider whether it’s worth the hassle to file your late return, here’s some things to keep in mind: PENALTIES AND INTEREST.  For every day your tax return is late, filing penalties, payment penalties, and interest will… Continue reading Missed the 2010 Tax Return Filing Deadline?

Happy Tax Day – April 18, 2011

Despite being a few days late this year, Tax Day is here!  For you procrastinators, don’t freak out quite yet.  You still have until midnight tonight to electronically file (e-file) your return.  Alternatively, your return must be postmarked today. The IRS now has FREE e-file for all taxpayers (including all forms and schedules).  Beware of… Continue reading Happy Tax Day – April 18, 2011

Audit Gamble – IRS Steps it up Against Tax Cheats

Knowing the chances of the IRS auditing your Income Tax Return is relatively slim, are you willing to take that gamble and “modify” the figures on your return to maximize your refund or minimize the taxes owed?  If so, you are definitely not alone! But before you turn in that return, you might want to… Continue reading Audit Gamble – IRS Steps it up Against Tax Cheats

Florida Hooters Closed For Tax Liens – Tax Auction This Saturday (4/16/2011)

The Notice of a Tax Auction Posted on the Gainesville Hooter’s Entrance

Free Tax Return Help!

Need Help Filing Your Return, but Can’t Afford a Tax Prep Service? You May Qualify for FREE Tax Prep Assistance! If you need help filing your income tax returns, but think you cannot afford a tax preparer service, beware! Some tax preparation providers may offer you a lower fee or offer to take a percentage… Continue reading Free Tax Return Help!

Update on the Alleged Gainesville Tax Scam

Yesterday, we talked to you about a local story covering the bust and raid of Gainesville, Florida tax return preparation business, On Time Tax Consultants.  Attorney Sarah Martello was interviewed by GTN news for insight on the situation and advice for potential victims of tax preparer scams. You can take steps to protect yourself from… Continue reading Update on the Alleged Gainesville Tax Scam

Alleged Tax Scammers Target Lower Income Taxpayers

The IRS is cracking down on Tax Fraud by Return Preparers. While most tax return preparation providers are competent  to handle most of your tax return needs, there are still those lurking amongst us whom are con artists filing fraudulent tax returns and stealing their client’s money. Don’t believe it can happen to you?  Think… Continue reading Alleged Tax Scammers Target Lower Income Taxpayers