Tax Relief Companies

If you cannot file your tax return by April 15th, you can receive a six-month extension of time to file. More time to file must not be confused with more time to pay. By filing for an extension to file, you only get a six-month extension to file your tax return, not more time to…

If you have been paying taxes for years by either itemizing your deductions or using the standard deduction, you may want to calculate your taxes using both the methods. That is because with years, your financial conditions and other circumstances that affect your taxes change. It may be that you bought a property, got married,…

Many taxpayers do not hire professional help because they prefer to prepare their taxes themselves, but some prepare their taxes themselves because they cannot afford to hire the services of a tax preparer. To accurately prepare taxes, and to make use of the credits and deductions that they qualify for, taxpayers can use free tax…

When filing taxes, you need to be up-to-date about the latest changes in the tax rules, keep yourself protected from tax scammers, and ensure that your tax return is prepared correctly and filed on time. For filing in 2014, be aware of the changed tax rules on income from U.S. possessions.The changed tax rules for…

Taxpayers must not only ensure that they are filing their 2013 taxes correctly, but also consider if they are using all the tax credits and deductions allowed to them. When filing taxes in 2014, you should check if you qualify for the Earned Income Tax Credit, tax credits for supporting higher education of dependents, and…

With the expiration of the Bush era tax cuts, every taxpayer will be paying more in taxes. However, you can reduce your tax bills by making use of tax credits. If you purchased alternative energy equipment for a qualified residence, then you can use a tax credit of up to 30 percent of the cost…

If you use energy efficient equipment, including vehicles, you can lower your tax liability by taking advantage of tax credits for saving energy. The Residential Energy Efficiency Tax Credit was extended to December 31st, 2013. If you haven’t yet filed your tax return, you may use this tax credit of up to $500 for the…

Until 2020, there is a one-time tax credit if you buy a new original equipment manufacturer AFV (Alternative Fuel Vehicle). The tax credit is of 50% of the incremental cost of the purchase. The tax credit excludes electric vehicles or converting a vehicle to work on an alternative fuel.There is another tax credit for 10%…

The initiation of changes in the tax code has begun with The House of Ways and Means Committee presenting their blueprint before Congress. The blueprint proposes to make the tax code simpler and fairer by providing a generous standard deduction so that 95% of taxpayers will no longer be required to itemize their deductions. It…

It is during tax season that tax scammers are the most active. During this time, millions of taxpayers become victims of tax crimes such as tax preparer fraud, identity theft and abusive trusts. Out of the many tax scams, identity theft has topped the IRS’ Dirty Dozen Tax Scams list for three consecutive years.Identity theft…