Today TaxMama® hears from John with this naïve question. “I have been mulling about this idea for a long time. I want to start a tax prep and services business. I have been doing returns for friends and associates for the past 2 years and want to incorporate. What is my first step? And then […]
Courtesy of the IRS [TaxMama note: Read this in conjunction with today’s MarketWatch article – How to file your taxes for free WASHINGTON — Over 12,000 free tax preparation sites will be open nationwide this year as the Internal Revenue Service continues to expand its partnerships with nonprofit and community organizations providing vital tax preparation […]
Taxpayers looking for free basic income tax preparation assistance may qualify for IRS sponsored community-based, volunteer tax return preparation programs. Here are the top 10 things the IRS wants you to know about these volunteer programs.
Today TaxMama hears from Hayley in Indiana who made a bold move. “I quit my job last October to go back to school. My school is through our hospital (an Allied Health Program) but is not a part of the eligible educational institution.( is not signed up with the gov to receive fed funding.) The […]
Courtesy of the Internal Revenue Service IR-2008-012 WASHINGTON — Nearly 12,000 free tax preparation sites will be open nationwide this year as the Internal Revenue Service continues to expand its partnerships with nonprofit and community organizations performing vital tax preparation services for low-income and elderly taxpayers. The IRS Volunteer Income Tax Assistance (VITA) Program offers […]
Today TaxMama hears from Daisy in South Carolina who says, in these very words. “Need to find information on how to file: No Income but paid taxes on withdrawn retirement account, early withdrawal (59yrs of age) on IRA account, property taxes and bank account interest earned.”