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Tax refunds face a delay

By Admin on December 21, 2007

WASHINGTON – President Bush on Monday pushed Congress to pass a one-year fix to the alternative minimum tax, which threatens to hit 23 million federal tax filers, warning that failure to do so could delay tax refunds next year. The alternative minimum tax, or AMT, is calculated alongside the income tax, with the taxpayer paying [...]

Posted in Tax News | Tagged AMT, delay, efile, IRS, refunds, tax, taxes

Tax Scams – The Last Thing You Need

By Admin on November 24, 2007

Summertime Tax Tip 2007 Life is complex enough without con artists trying to separate you from your hard earned dollars. It can be very costly if you become a victim of a scam that trades on the image or the mission of the IRS. Everyone should be vigilant in protecting personal, financial and tax information. [...]

Posted in Tax News | Tagged IRS, tax returns, Tax Tip

Tax News for November 2007

By Admin on November 24, 2007

Honda Hybrid Begins Phase-Out on January 1 IR-2007-191, Nov. 19, 2007 — The IRS announced today that American Honda Motor Company, Inc, has submitted quarterly reports indicating that its cumulative sales of qualified vehicles to retail dealers reached the 60,000-vehicle limit during the calendar quarter ending Sept. 30, 2007. IRS Reminds Charities and Churches of [...]

Posted in Tax News | Tagged efile, efile taxes online, IRS, Tax News, tax refunds, taxes

2007 IRS eFile Refund Cycle Chart

By Admin on November 24, 2007

Transmitted and accepted (by Noon) between: Direct Deposit Sent Paper Check Mailed 01/12/2007 and 01/18/2007 01/26/2007 02/02/2007 01/25/2007 and 02/01/2007 02/09/2007 02/16/2007 02/08/2007 and 02/15/2007 02/23/2007 03/02/2007 02/22/2007 and 03/01/2007 03/09/2007 03/16/2007 03/08/2007 and 03/15/2007 03/23/2007 03/30/2007 03/22/2007 and 03/29/2007 04/06/2007 04/13/2007 04/05/2007 and 04/12/2007 04/20/2007 04/27/2007 04/19/2007 and 04/26/2007 05/04/2007 05/11/2007 05/03/2007 and 05/10/2007 [...]

Posted in Tax Tools | Tagged direct deposit, e-file, IRS, refund, Where's My Refund

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