Underpayment and Overpayment Interest Rates for the Fourth Quarter of 2011
On August 18, 2011, the Internal Revenue Service announced that interest rates will decrease for the calendar quarter beginning October 1, 2011. The rates [...]
Extension of Time to File Federal Tax Return for Individuals: Form 4868
If an individual taxpayer cannot file his tax return by the due date of the return, the IRS allows most of such taxpayers to [...]
Preparing Individual Tax Returns: Top Five Errors
Before filing your tax return, you should review it to make sure it is correct and complete. Here are the five most common errors [...]
Alternative Minimum Tax: Basic Facts for Tax Year 2010
Tax laws provide tax benefits for certain kinds of income and allow special deductions and credits for certain expenses. These benefits can drastically reduce [...]
Medical and Dental Expenses Deduction
It may be possible for you to be able to deduct medical and dental care expenses incurred in the tax year 2010. This deduction, [...]