Posts Tagged ‘tax break’
Thursday, September 1st, 2011
U.S Tax Court is keeping tabs on every possible tax detail in the hopes to find some extra revenue and tax loopholes are being sought out to try to find funding to fill in the budget deficit. Not free from the examination are clergy members and the tax relief laws that protect them from paying taxes. Back in March the U.S. Tax Court made a surprising ruling to extend a
Tags: clergy, IRS help, Laura Saunders, parsonage allowance, tax break, tax breaks, tax help, tax news, tax relief, tax relief tips, Tax Tips, Wall Street Journal
Posted in IRS Tax Cases, Tax Problem FAQs, Tax Relief News, Tax news and tips | No Comments »
Friday, June 26th, 2009
This week, President Obama signed into law the Car Allowance Rebate System (C.A.R.S.) – a program that pays consumers up to $4,500 in tax credit for trading in their cars or trucks for more fuel efficient vehicles.
As the New York Times reports, you will need to check if your vehicle qualifies for the trade-in credit. You can check out The National Highway Traffic Safety Administration web site to see
Tags: auto consumer stimulus, car allowance rebate system, cash for clunkers, CCH News, IRS help, Michael Rozbruch, new tax laws, tax advice, tax break, tax credit, tax expert, tax help, tax-free holiday, taxable income
Posted in Tax news and tips | 4 Comments »
Thursday, April 2nd, 2009
Many people may qualify for a significant reduction in their tax burden if they qualify for an educational tax break from the IRS. While there are tax benefits available for college and other post-secondary expenses, trying to figure out if and how your qualify for the various benefits can be confusing.
It can be difficult to determine which breaks you are eligible for and what will produce the greatest benefit. When
Tags: educational expenses, filing tax returns, IRS help, IRS problem solver, IRS tax problems, lifetime learning credit, Michael Rozbruch, tax attorney, tax benefits, tax benefits for education, tax break, tax breaks, tax deduction, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, Tax Tips, tuition deduction
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Tuesday, March 31st, 2009
The Internal Revenue Service announced today that taxpayers who buy a new passenger vehicle this year may be entitled to deduct state and local sales and excise taxes paid on the purchase on their 2009 tax returns next year.
“For those thinking about buying a new car this year, this deduction may give them a little more drive to make their purchase this year,” said IRS Commissioner Doug Shulman. “This deduction
Tags: doug shulman, IRS expert, Michael Rozbruch, new car tax break, tax break, tax deductions, tax expert, tax resolution, tax resolution expert, tax resolution services
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Tuesday, March 24th, 2009
As the KLOS Tax Man, I give free tax advice to listeners with IRS problems. It’s the perfect way for me to help people with tax debt and reach more Americans who need tax help. Check it out!
The KLOS Tax Man, Tax Tip #58: Buyers of new cars can deduct a sales tax even if they don’t itemize! This break applies to vehicles purchased after February 2009 and before next
Tags: be a man, delinquent tax returns, delinquent taxes, IRS audits, IRS debt, IRS help, irs problems, IRS tax help, IRS tax problems, KLOS tax guide, KLOS tax man, Michael Rozbruch, new car, new car tax break, tax attorney, tax break, tax debt, tax deduction, tax expert, tax guide, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax tip, Tax Tips, unflied tax returns
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Tuesday, March 10th, 2009
As the KLOS Tax Man, I give free tax advice to listeners who need help with their tax debt. It’s a great way for be to share my IRS problem solving skills and help more Americans qualify for tax relief. Check it out!
Tax Tip #44: Individuals finally get a tax break. For 2009 and 2010, taxpayers will see an immediate increase in their take home pay by between $400 to
Tags: Back Taxes, bank garnishment, bank levy, delinquent tax returns, i need tax help, IRS audits, IRS debt, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, tax advice, tax attorney, tax break, tax expert, tax relief, tax resolution, tax resolution expert, tax resolution services, tax settlement, Tax Tips, unfiled returns, unfiled tax returns, wage garnishment, wage levy
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