Posts Tagged ‘tax credits’

Tax Help: Nation’s Leading Tax Relief Expert Shares Tips on How Small Businesses Can Avoid IRS Audits

Wednesday, March 3rd, 2010

This week, the nation’s leading tax expert Brian Compton, president of Tax Resolution Services, chatted with Caz Taylor and Ruben Garcia on SBA Radio to share some great tax help tips for small business owners on how to avoid IRS audits.
As the tax filing deadline draws nearer, many small businesses already struggling with the state of the economy must face yet another challenge–filing and paying taxes.
It has been reported that
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Common Misconceptions About First Time Homebuyer Credit - Do You Qualify for the $8,000 Tax Credit?

Friday, September 25th, 2009

The first-time homebuyer tax credit can be as much as $8,000 for qualified home sales before December 1, 2009. Taxpayers can claim the credit on Form 5405.
One of the biggest misconceptions about the first-time homebuyer credit is that not everyone qualifies. Taxpayers must be qualified buyers and satisfy income requirements. Individuals must have a modified adjusted gross income of less than $75,000 to qualify for the full amount (for couples
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