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Archive for the 'General Tax Info' Category

Alternate Minimum Tax (AMT)

Friday, January 4th, 2008

Here are a couple interesting videos about the alternate minimum tax. With the elections coming up in 2008, the first video asks questions of the candidates. The second video is quite a bit longer and goes into more detail about the tax itself. To view the second video, go here.

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U.S. Government Tax Cartoon

Wednesday, July 4th, 2007

Very interesting! Check out this U.S. government income tax cartoon from the WWII time period - early 1940’s. Who would have thought Donald Duck would be propagandizing for the guv’ment?

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Federal Income Tax Brackets

Monday, March 12th, 2007

Ever wonder what a ‘tax bracket’ is and which one you fall into? It’s not as difficult as you might think.

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Income Tax Due Date: Not What You Think

Tuesday, February 27th, 2007

Did you know your taxes aren’t due on April 15 this year? It’s true. April 15 is a Sunday, so like many banking activities, the due date slides to the next day. That’s not all, though. Because of a special holiday in the District of Columbia - Emancipation Day - April 16 is also not an OK due date. So this year, our income taxes are due on April 17. An extra two whole days to do our taxes - just what we need! :)

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Tax Preparation: IRS Publications and Services

Tuesday, February 20th, 2007

Whether you’re doing your taxes using tax software or by hand, going to a tax preparation service or having your accountant do them, you may have questions and special situations and not know how to handle them. Luckily, the IRS has a website that offers more information and publications and forms than you could ever want or need. (Unless you do this for a living, of course.)

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What Is A Tax Attorney?

Monday, February 12th, 2007

The importance of utilizing a personal tax attorney is not recognized by most business owners, not the same way they understand the importance of employing a office manager or accountant. With training and education specific to tax law that distinguishes him or her from other lawyers, a tax attorney may represent clients in other areas of the law. However, a tax attorney’s specialized skills are most useful in matters regarding the resolution of tax issues and tax debt relief.

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Aunt Jane Revealed

Tuesday, December 19th, 2006

You’ll think I’m crazy, and you won’t be the first. But I enjoy doing my taxes every year. I like watching all the numbers coming together, and it gives me a sense of accomplishment when I’ve not just finished the taxes themselves, but ended off the year with a nice balance sheet and all my financial papers neatly filed.

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