Processing of Tax Returns to Begin on January 30

Processing of Tax Returns

Earlier this week, the US Internal Revenue Service (IRS) announced that electronic filing of tax payments for the year 2013 will commence on January 30.  As a result, individual income tax returns will not be processed before then.

Electronic tax filing had been originally scheduled to begin on January 22. The nine-day extension is a result of the changes in tax law which took effect on January 1. The American Taxpayer Relief Act (ATRA) was the result of the “fiscal cliff” tie between the president and the house.

The IRS is getting set for the year’s … Read the rest

IRS Tax Relief Programs

The Internal Revenue Service (IRS) has several programs that offer tax relief for persons who have outstanding back taxes.

One IRS tax relief program is the Installment Agreement which allows people who are financially unable to make the payments to pay their tax debt over time. Monthly payments can be made until the entire tax debt if paid off. There is also an Offer in Compromise (OIC) program which allows taxpayers to settle their tax debt for a lesser amount than what they owe. This program works well for persons with limited means.

There are also situations where the IRS … Read the rest

Saving Money With Tax Services

Locating free 2012 tax filing services would be a great idea for anyone that has a need to save some money. Spending hundreds of dollars on tax software is likely something you cannot afford when dealing with the large burden of taxes. However, it is important that you find a way to get your taxes done as quickly as possible. When you use out of the best free options on the market today, you will be able to keep hundreds of dollars in your pocket. Throwing away money on software is likely something you cannot justify on a limited budget, … Read the rest

Turbo Tax Program

TurboTax 2012

If you are looking for information on turbotax 2012, maybe this will help you. Turbo tax is a company that specializes in filing taxes. You can file your 2012 tax with them relatively easy.

The company asks you questions and then puts those answers on the right tax forms. Their products include the EasyGuide feature which gives you step by step instructions through your taxes just like the GPS does. These steps are clear and easy to follow and will give you your maximum refund. The company can even speed up the refund you are going to … Read the rest

Turbo Tax Software

TurboTax Software 2012

The 2012 tax season continues for some that have not filed their returns. An individual cannot avoid playing taxes and needs to estimate a payment and supply that estimated amount to the IRS by the deadline. Since no one can avoid playing their taxes, thy need to look for ways to lower the score the IRS achieves against them. The TurboTax software package for 2012 can help someone achieve a lower tax liability.

The software from TurboTax Intuit helps a taxpayer organize his/her information in a way that makes sense. It cannot help someone who has not … Read the rest

A Look At Free Tax Filing Opportunities

Free 2012 Tax Filing

There is not much that people can get for free these days. Hardly anyone would think of ‘free’ and ‘taxes’ in the same sentence either. Still, it turns out there are free 2012 tax filing opportunities.

This is an ongoing trend: offering free tax filing software to consumers so they reduce their paper consumption, simplify the process, and locate potential tax rebates. The software is offered by the IRS, whose website indicates that almost anyone is eligible to use their free programs. Only one criterion prevents certain consumers: their computers must be secure enough to engage … Read the rest