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  1. New Tax Rules for the Poor

    by Earnest Young - 2007-01-22
    New tax rules for 2007 will bring about a good year for the poorest of tax-filers in Maryland. Tax-filers can now earn up to $37,000 and still be entitled to the Earned Income Tax Credit that will put...

  2. 2007 Brings Tax Relief for N.Y. Residents

    by Earnest Young - 2007-01-07
    As of January 1, 2007, New York residents have been benefiting from a decrease in hospital bills, an end to the 'marriage penalty' tax, health insurance equality for the mentally ill, and an increase ...

  3. Take Advantage of 2007 Tax Provisions

    by Earnest Young - 2007-01-05
    New Year's Day came and saluted us with a few changes: higher contribution limits for 401(k) plans, a decline in the top federal estate-tax rate and more deduction for many mortgage insurance buyers. ...

  4. IRS Suggests Ways to Kick-start Your Tax Return

    by Earnest Young - 2007-01-05
    Are you ready? Tax time is here and the urgency of getting all docs in a row is now! The IRS has advised taxpayers with ways to get a hustle-free, error-free tax filing experience. The agency is encou...

  5. To File Or Not To File: That Is The Question

    by Earnest Young - 2007-01-05
    This year (2007) it is expected that approximately 135 million taxpayers will file a tax return: some early, some late and some, due to procrastination or other reasons, will ask for extension. Howeve...

  6. U.S. Government New Website to Help Small Businesses

    by Earnest Young - 2007-01-03
    Together with twenty-one other federal agencies, the U.S. Small Business Administration (SBA) has recently launched a one-stop resource center that would provide businesses with all the information th...

  7. Last Few Days to Review Your Taxes

    by Earnest Young - 2006-12-28
    Taxpayers have nine more days in the year to make last minutes adjustment, to accelerate deductions and defer income and to rake in a handsome tax return. The charity contributions that taxpayers inte...

  8. Take Time to Trim a Few Bucks of Your Taxes

    by Earnest Young - 2006-12-28
    It's prudent taxpayers to plan ahead for credits and deductionsThanks to the 2006 federal tax credit many people are able to buy their dream car. This credit applies to a variety of hybrid vehicles, b...

  9. IRS Is Focusing on Schedule C Filers

    by Earnest Young - 2006-12-28
    In the last few tax years IRS has been paying more attention to taxpayers who file a schedule C. These taxpayers are basically those who operate small, incorporated businesses.According to Mark Everso...

  10. Alabama Smokey Taxes

    by Earnest Young - 2006-12-28
    It is a neat twist of politics and business; it is a paradox that enables the Alabama State to collect more taxes. Interestingly, while the government in Alabama is spending more money to discourage p...

  11. Farmers Tax Guide - IRS Publication 225

    by Earnest Young - 2006-12-28
    The IRS has released the 2006 farmer's tax guide. The guide referred to as publication 225 contains all the pertinent information on the farming business - whether you are a farm owner or tenant. "If ...

  12. Tax Year 2006 Tax Law Changes for Individuals

    by Earnest Young - 2006-12-28
    Split Refund OptionTax payers receiving their return by direct deposit now have more options in allocating their tax return from the IRS. They can opt to allocate their refund in up to three accounts:...

  13. New IRS Guidelines for Tax Filers in 2007

    by Earnest Young - 2006-12-28
    The IRS has issued new guidelines to taxpayers on how best to claim the extended deductions in the Tax Relief and Health Care Act of 2006, which was passed before congress took a recess in December, 2...

  14. 9 Ways To Cut Your Taxes And Increase Your Returns Before Year Ends

    by Earnest Young - 2006-12-23
    There is only a few more weeks left before the end of the year, but you still have time left for some tax-saving moves. Each year brings with it new opportunities and challenges as tax laws change con...

  15. Tax Saving Tips for Small Business Owners for 2007 Tax Season

    by Earnest Young - 2006-12-22
    Soon 2006 will be gone and the season for tax filing will be here. It is important that before the year ends small business take advantage of tax saving tips to minimize their tax burden and maximize ...

  16. 9 ways to cut your taxes and Increase your Returns before Year Ends9 Ways To Cut Your Taxes And Incr

    by Earnest Young - 2006-12-21
    There is only a few more weeks left before the end of the year, but you still have time left for some tax-saving moves. Each year brings with it new opportunities and challenges as tax laws change con...