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?

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

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

Tax Q & A – 2010 Filing Deadline

QUESTION:  Did the IRS really change the filing deadline from April 15th to April 18th? ANSWER: Yes! Taxpayers will have until Monday, April 18 to file their 2010 tax returns and pay any tax due because Emancipation Day, a holiday observed in the District of Columbia, falls this year on Friday, April 15.   By law,… Continue reading Tax Q & A – 2010 Filing Deadline

Tax Day Countdown Q & A

QUESTION: I Know My Tax Return is Due, but I Cannot Pay the Taxes…Should I Still File on Time? ANSWER: YES, YES, and YES! Even though you will not be able to pay the full amount of your taxes when you file your Income Tax Return, you should still file on time to prevent the… Continue reading Tax Day Countdown Q & A

IRS Audits and Letters…AUGH, what does this mean?!

If you just received a letter from the IRS, you may be freaking out and envisioning the IRS breaking down your door – swat team in tow – to raid your house for valuables to satisfy your tax debt.  Before you shred the letter in hopes it will magically disappear forever, take a moment to… Continue reading IRS Audits and Letters…AUGH, what does this mean?!

Last Chance for 2010 Retirement Investment Planning

There are still a few weeks left to take advantage of tax-saving opportunities for 2010 retirement planning.  2010 is a great year to implement or    modify your retirement investments.  The expanded availability of Roth IRAs, coupled with preferential income recognition opportunities for rollovers and other changes making regular IRAs more attractive, provide a savings incentive… Continue reading Last Chance for 2010 Retirement Investment Planning

November Elections and Your Taxes…The Possibilities are on the Table

With the results of the November elections still looming, taxpayers are left with an uncertain tax future as Bush’s tax cuts remain in a state of uncertainty.  Although legislative action to extend or modify the Bush-era taxes seem non-existent, the President still refuses to throw tax reform out the window. With a month and a… Continue reading November Elections and Your Taxes…The Possibilities are on the Table

Florida Tax Issues for Voters – November 2010 Elections

With just over a week left before Election Day, I encourage voters to become more acquainted with the candidates and issues they will be confronted with on the ballot.  Because most ballot initiatives are written in what resembles either a foreign language or horrific grammatical capabilities, I’ve compiled a brief synopsis of the tax issues… Continue reading Florida Tax Issues for Voters – November 2010 Elections