Most taxpayers already know about Turbo Tax, but in case you have not, then you need to find a way to learn more about the software as soon as possible. The free version of the software will save you a lot of money in accounting fees. It will help you calculate how much you are required to pay as well as the tax refund owed to you by the IRS.
The main disadvantage of hiring a tax accountant to do your taxes is that you will be forced to pay a lot of money for the service. The … Read more at 2011 Tax.
You would have been given a refund had you filed your 2011 tax return, but you never did. The IRS is holding onto $1 billion in unclaimed funds that will become the property of the federal government if tax filers don’t claim the funds before the end of the tax filing period. Over 1 million houses failed to file and are owed the money.
Tax payers have three years to file a return and claim funds that they are owed. The people that do not normally file when owed tax refunds are part-time workers or students who do not make … Read more at 2011 Tax.