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Category Archives: Earned Income Tax Credit
“When did the preparation of income taxes become a commodity item carrying the same importance as a roll of toilet paper? What’s next, buy computer time and prepare your return yourself? The business of preparing income taxes is an important calling, and your choice of an income tax preparer should neither be based solely on how big a refund they promise to get you, (which is illegal, by the way), nor by how little they charge. Instead, ask your preparer the following questions:” Continue reading
“Some of you though really don’t know whether or not you are in any danger of an audit which will make your hard-earned money leave your wallet. You aren’t aware of the many subtle ways you can find yourself in hot water with taxing authorities, but you have this nagging ache in the pit of your stomach every time you sign your return. And the thought of taking a group picture while doing 2-5 for tax fraud really doesn’t appeal to you.” Continue reading
Tell you what, let’s apply the same penalties to everyone who’s ever claimed to attend and participate in a six-hour Point and Insurance Reduction Program class, but didn’t. They would lose both the 10% discount on their auto insurance, and the reduction of up to four points on their drivers license. And they would not qualify for either benefit for a period of no less than ten (10) years.