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National Tax Reports Update National Tax Reports  
RSS 6 |  National Tax Reports

How to Find a TurboTax Discount Coupon for 2015

According to many financial experts TurboTax is one of the most useful tax preparation software solutions in the past few years. With the help of this program you can calculate taxes, returns and anything related to your personal finances.

This software comes with a beautiful design and intuitive buttons and forms which mean that it … Read the rest

:: Read More
(Published: Sun, 21 Dec 2014 16:40:57 +0000)

A Few Things to Know About the IRS Refund Schedule

The IRS has used a system called Refund Cycle Chart which helped people determine the scheduled refund date. This estimation was based on the date when your return was accepted by the IRS. Every year the IRS has published an annual Refund Cycle Chart.

But, starting from 2012, the IRS has stopped with this chart … Read the rest

:: Read More
(Published: Sun, 21 Dec 2014 16:32:59 +0000)

How to Reduce Your Chance of Being Audited by the IRS

There is no way to be 100% sure that you are not going to be audited. However, there are ways that you can lower your chance of being audited. Today, we are going to share some audit protection tips that will help ease your mind about the IRS auditing you.

Use Your Computer to Prepare Read the rest

:: Read More
(Published: Sat, 20 Dec 2014 17:01:22 +0000)

IRS Tax Brackets for 2014

Your federal income tax bracket tells you at what rate your income (your taxable income) will be taxed. Tax rates often vary by tax year and may be different for each filing status. The rate of taxation is applied only to your taxable income.

2014 Tax Brackets

Tax Rate Single Married/Joint
& Widow(er)
Married/Separate Head
Read the rest
:: Read More
(Published: Sat, 20 Dec 2014 16:46:01 +0000)

Preview of 2014 Earned Income Tax Credit Table

2014 Tax Year

Earned Income and adjusted gross income (AGI) must each be less than:

  • $46,997 ($52,427 married filing jointly) with three or more qualifying children
  • $43,756 ($49,186 married filing jointly) with two qualifying children
  • $38,511 ($43,941 married filing jointly) with one qualifying child
  • $14,590 ($20,020 married filing jointly) with no qualifying children

Tax Year 2014

Read the rest
:: Read More
(Published: Sat, 20 Dec 2014 16:12:28 +0000)

When is the TurboTax 2015 Release Date?

Intuit’s incredibly popular and useful TurboTax software is back and almost ready to roll with their 2015 version! The TurboTax software designed for the 2014 tax year will be released on December 12th for laptop, desktop, and download versions, and be available at some point in mid-January for the TurboTax online editions.

Rest assured that … Read the rest

:: Read More
(Published: Tue, 16 Dec 2014 16:33:29 +0000)

List of Small Business Tax Deductions for 2014

Below is a list of the following things that you may want to consider deducting on your tax return, if legally possible, to reduce the taxes owed on your schedule C. This is not a full list but it covers a large chunk.

  • Advertising
  • Subcontractors
  • Depreciation of equipment (i.e. computers, printers)
  • Interest paid on business
Read the rest
:: Read More
(Published: Mon, 15 Dec 2014 16:37:15 +0000)

Mileage Options for Tax Filings

As we are all gearing up for filing taxes, it’s always good to know some of the increases that could help make a difference on our returns.  As of January 1, the standard mileage rates for all vehicles has increased by 1 cent.

Knowing just what is allowed when filing on mileage for business trips, … Read the rest

:: Read More
(Published: Mon, 15 Dec 2014 16:14:37 +0000)

Health Care Rebates For 8.5 Million Americans

If you are not familiar with “Obamacare” it is the newest of the health care laws that requires all insurance companies to use at least 80% of their revenue that come in from premiums onObamaCare Red Marker medical care instead of the administrative costs.

If for some reason your insurance provider does not meet these criteria’s they … Read the rest

:: Read More
(Published: Tue, 18 Nov 2014 22:40:01 +0000)

The 2015 Tax Refund Cycle Chart Dates

At one point in the past, the IRS used to issue an IRS refund cycle chart so taxpayers could be aware of when their refunds would arrive. However, in 2012 the IRS stopped issuing this chart. The good news is helpful tools are available, which replace the chart, while helping you understand the refund cycle … Read the rest

:: Read More
(Published: Tue, 21 Oct 2014 14:54:09 +0000)

( Source: http://nationaltaxreports.com/feed/ )




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