If you already filed your federal tax return and are due a refund, you can check the status of your refund online. Where’s My Refund? http://www.irs.gov/Refunds/Where%27s-My-Refund-It%27s-Quick,-Easy,-and-Secure. is an interactive tool on the IRS web site. Whether you split your refund among several accounts, opted for direct deposit into one account, or asked the IRS to mail … [Read more...] about Checking the Status of Your Federal Tax Refund is Easy
Personal Tax
Beware of Bogus IRS Emails
Every tax-filing season, the scammers and ID thieves try to sucker people into providing personal and financial information through the use of phony e-mails. The IRS receives thousands of reports every year from taxpayers who received emails out of the blue claiming to be from the IRS. Scammers use the IRS name or logo to make the message appear authentic in an effort to get … [Read more...] about Beware of Bogus IRS Emails
Are You Collecting the Needed W-9s?
If you use independent contractors to perform services for your business or rental that is a trade or business, and you pay them $600 or more for the year, you are required to issue them a Form 1099 after the end of the year to avoid facing the loss of the deduction for their labor and expenses. (This requirement generally does not apply for payments made to a corporation. … [Read more...] about Are You Collecting the Needed W-9s?
March 2013 Individual Due Dates
March 1 - Farmers and Fishermen File your 2012 income tax return (Form 1040) and pay any tax due. However, you have until April 15 to file if you paid your 2012 estimated tax by January 15, 2013. March 11 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during February, you are required to report them to your employer on … [Read more...] about March 2013 Individual Due Dates
Tax Tips for Recently Married Taxpayers
If you got married during 2012, here are some post-marriage tips to help you avoid stress at tax time. Notify the Social Security Administration − Report any name change to the Social Security Administration so that your name and SSN will match when filing your next tax return. Informing the SSA of a name change is quite simple. File a Form SS-5, Application for a Social … [Read more...] about Tax Tips for Recently Married Taxpayers