Now that the tax filing season has come and gone, you may be wondering how long to keep records and what records to keep. Keeping necessary records after you file your taxes is a good idea, as they will help you with documentation and substantiation if the IRS selects your return for an audit. “Normally, …
Tag Archive: file
Permanent link to this article: http://www.easttexasreview.com/paperwork-after-tax-filing-season/
Jan 23
Tax strategies in a tough economy
By Jason Alderman For most of us, income tax calculations don’t change much from year to year. But thanks to the roller coaster economy of the past few years, many people have undergone major life changes that can have a significant impact – good or bad – on their taxable income and how they should …
Permanent link to this article: http://www.easttexasreview.com/tax-strategies-in-a-tough-economy/
Nov 16
Tax deadline looms
By Jason Alderman Each year, roughly one-third of American households itemize deductions on their federal income taxes. If you’re among that group, there are a several important actions you need to take by year’s end in order to take full advantage of available deductions. For example, by December 31 you must pay for any uninsured …
Permanent link to this article: http://www.easttexasreview.com/tax-deadline-looms/
Mar 10
Tax filing deadline looms
Nobody likes being nagged, but I’m going to risk reader displeasure by reminding everyone that there are hefty financial consequences if you owe income taxes and do not file a return on time – or at least request a filing extension. Ordinarily, the federal income tax deadline is April 15; but this year the IRS …
Permanent link to this article: http://www.easttexasreview.com/tax-filing-deadline-looms/
Mar 03
$104.8 million awaits Texans says IRS
Refunds totaling more than $104.8 million may be waiting for 91,700 Texans who did not file a federal income tax return for 2007, according to the Internal Revenue Service. However, to collect the money, a return for 2007 must be filed with the IRS no later than Monday, April 18, 2011. The IRS estimates that …
Permanent link to this article: http://www.easttexasreview.com/104-8-million-awaits-texans-says-irs/