Extensions

EFiling on Tax Day

April 17, 2012
efiling

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Today TaxMama® wants to give you a very last minute tax tip if you’re efiling your tax returns on the very last day of tax season.   Share this:

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Last Minute Tax Tips

April 16, 2012
tax deadline coming fast

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Today TaxMama® wants to give you a few last minute tax tips. Share this:

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IRS Gives One-Week Filing Extension to Taxpayers

September 2, 2011

WASHINGTON — The Internal Revenue Service today announced it is granting taxpayers whose preparers were affected by Hurricane Irene until Sept. 22 to file returns normally due Sept. 15. The taxpayer’s preparer must be located in an area that was under an evacuation order or a severe weather warning because of Hurricane Irene, even if [...]

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Unclear on the Concept

September 1, 2011

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Today TaxMama hears from Cliff in the TaxQuips Forum, who dropped the ball. “Filing your income tax return is due April 15th, or with an extension, 10/15. However, the instructions also say that you have three years (plus any extension) to file a claim for any refund due. Which rule takes precedence?  The IRS cannot [...]

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Filing Frustrations

August 4, 2011

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  Today TaxMama hears from Myra in the TaxQuips Forum with lots of questions. “I filed an extension. How should I file at year end? Single, married but filing at a single rate, or jointly.  My husband receives Social Security disability. I file from a K-1.  I have large amounts of deductions.  I also can [...]

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One Business or Two?

March 2, 2011

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Today TaxMama hears from Paula in the TaxQuips Forum, who has a question. “We have one “established” business that has been in operation since 2005.  In 2010 we started a new business (another S Corp) and our first business funded the start up fees and expenses for the new business in 2010.  The new business [...]

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Tax Relief in Disaster Situations

May 14, 2010

IRS has provided information about extended deadlines and disasters related to storms and flooding. So far, we do not see anything about relief for the economic effects of the Gulf area oil spill.   Recent Tax Relief   Share this:

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Paying the Piper, or Five Simple Steps to Filling Out Your W-4

April 15, 2010

Changing Your Payroll Withholding Right about now, if you haven’t already done it, you should be thinking about updating your current year’s paycheck withholding. Once upon a time, a tax professional was asked by an Enrolled Agent to write an article about how to do the proper computations to determine what exemption and dependent amounts [...]

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Ask TaxMama Issue 547 – Tax Freedom Day

April 9, 2010

Dear Family, Today is National Tax Freedom Day, according to The Tax Foundation, who tracks such things. This year’s Tax Freedom Day is one day later than in 2009, but more than two weeks earlier than in 2007. Though, since each state has their own tax rate, your tax freedom day may come sooner,…or later. [...]

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GET YOUR EXTENSIONS HERE!

April 8, 2010

Get your IRS extension here! Note: This page has been updated to include links to Personal, Business and State extensions. Courtesy of IRS If you can’t meet the April deadline to file your tax return, you can get an automatic six month extension of time to file from the IRS. Here are seven things you [...]

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