Small Business and Taxes: Depreciating Office Equipment
As a home based or small business owner, is very important to take advantage of every tax benefit the federal government has to offer. Whether your office is located in your home or outside of the...
View Article2008 Instructions for Federal Tax Form 1040
Each year tax filers complete the IRS 1040 tax form. This form is entitled U.S. Individual Income Tax Return. Each year the government makes changes to the form so if you have not filed your 2008 tax...
View ArticleHow to Survive an IRS Audit
You go to the mailbox and there it is – a notification from the IRS that you are being audited. Once the blood flow returns to your brain and you come back to your senses, remain calm. This is not a...
View Article2009: IRS Tax Form 1040 Instructions
The Internal Revenue Service requires most working individuals to file their taxes by the April 15th tax due date. IRS Form 1040 (U.S. Individual Tax Return Form) is one of the many available forms for...
View Article2009 Federal Tax Instructions for Form 1040A
Each year taxpayers must file Federal income tax returns. The process can be overwhelming if you don’t approach it correctly. Filing taxes is like eating an elephant. The only way to get it done is to...
View ArticleTips for Completing IRS Form 2555
IRS tax form number 2555 is called the Foreign Earned Income form. This form must be filed in conjunction with your tax form 1040. Form 2555 can only be used by US citizens and resident aliens. The...
View ArticleCompleting Tax Form 5405: First Time Home Buyer’s Credit Form
IRS Form 5405 is the First Time Home Buyer Credit and Repayment of the Credit form. As the form title indicates, it is used for people who took the first time home buyer credit. Form 5405 is not a...
View ArticleFreelance Writing Tax Tips
Here’s a tidbit of information for freelance writers and small business owners. This information isn’t so much a tip on how to increase your writing speed or how to find new clients. It more has to do...
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