General Tax Info

Here are a couple interesting videos about the alternate minimum tax. With the elections coming up in 2008, the first video asks questions of the candidates. The second video is quite a bit longer and goes into more detail about the tax itself. To view the second video, go here.

Very interesting! Check out this U.S. government income tax cartoon from the WWII time period - early 1940’s. Who would have thought Donald Duck would be propagandizing for the guv’ment?

Ever wonder what a ‘tax bracket’ is and which one you fall into? It’s not as difficult as you might think.
First off, you need to know two things: your filing status and your taxable income. The four filing statuses are: single or married filing separately, married filing jointly, qualifying widow, or head of household. [...]

Did you know your taxes aren’t due on April 15 this year? It’s true. April 15 is a Sunday, so like many banking activities, the due date slides to the next day. That’s not all, though. Because of a special holiday in the District of Columbia - Emancipation Day - April [...]

Whether you’re doing your taxes using tax software or by hand, going to a tax preparation service or having your accountant do them, you may have questions and special situations and not know how to handle them. Luckily, the IRS has a website that offers more information and publications and forms than you [...]

The importance of utilizing a personal tax attorney is not recognized by most business owners, not the same way they understand the importance of employing a office manager or accountant. With training and education specific to tax law that distinguishes him or her from other lawyers, a tax attorney may represent clients in other areas [...]

You’ll think I’m crazy, and you won’t be the first. But I enjoy doing my taxes every year. I like watching all the numbers coming together, and it gives me a sense of accomplishment when I’ve not just finished the taxes themselves, but ended off the year with a nice balance sheet and [...]