Wednesday, May 26, 2010 11:17:58 AM
How US citizens working and living overseas are defined for tax purposes
Americans working and living abroad are commonly referred to as expatriates. The term does not mean they have given up their US citizenship. It only means they are taking an...
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Wednesday, May 26, 2010 11:13:57 AM
Tips and tricks to filing the “old fashioned” way
We are, by all accounts, becoming an almost paperless society. Email is replacing much written correspondence; bills are often sent and paid electronically; even our taxes are filed...
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Wednesday, May 26, 2010 11:08:09 AM
How to pay your taxes or make payment arrangements with the IRS
The IRS has made it much more convenient to pay your income tax bill than ever before. Electronic payments are the most expedient way to pay, rather than the old fashioned check...
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Wednesday, May 26, 2010 10:58:05 AM
Taxpayers may not need to claim foreign income on federal tax return
If you are a US citizen or resident alien your worldwide income is generally subject to US income taxes. However, taxpayers who live and work overseas may be able to exclude their ...
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Monday, April 19, 2010 10:41:05 AM
Deadline to file 2009 extension is April 15
Pretty much everyone knows the deadline for filing 2009 tax returns is April 15, 2010. However, if you’re not ready to pay that tax bill yet, you can file for an extension. Filing an extension gives ...
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Monday, April 19, 2010 10:38:44 AM
Work Carefully to Get Your Money Faster
For many taxpayers, their IRS refund is like a forced savings account. Lots of people use the money from their tax refund to pay off bills, make a large purchase or take a vacation. But there are mistakes...
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Monday, March 15, 2010 8:01:02 AM
Reasons for Amending Your Tax Return
It can happen to anyone. You’ve collected all your tax return information. You’ve gathered all your W-2s, 1099s, receipts and statements. You’ve crunched the numbers, doubled checked your...
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Monday, March 15, 2010 8:00:17 AM
Can filing taxes actually be fun?
Using an authorized IRS e-file provider enables taxpayers to file their income tax returns electronically. More and more taxpayers are choosing to file their tax returns online using e-file. Okay, maybe it’s...
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Monday, March 15, 2010 7:52:27 AM
How to determine the best way to reduce your tax bill
Many taxpayers choose the easiest way to do their taxes by filing a Form 1040EZ. The problem is that this form only allows you to tax the standard tax deduction, thereby limiting your ability to ...
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Monday, March 15, 2010 7:51:21 AM
Reduce your tax bill by deducting medical and dental expenses
Many taxpayers find it beneficial to itemize their deductions on their federal tax return. One of the many deductions you can take are payments you made for medical and dental expenses....
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