It’s the little things that can get taxpayers. Simple math errors, poor penmanship or hurriedly filling out your tax form at the last minute account for loads of filing errors. And those slip ups, which typically happen with paper returns, give the Internal Revenue Service another opportunity to tout the benefits of filing taxes electronically. [...] [...]
Anytime I write about financial products that are also offered through my practice, I run the risk with this column of taking what some may view as unfair advantage of promoting products I also happen to write. While I think my many years of writing a financial column has dispelled this notion, I am sensitive [...] [...]
Every year, the IRS enacts certain changes to the tax code; some large — but most fairly small. There are those situations, however, where some changes to the tax code don’t receive as much notice as they should. This year is no exception. Here is a rundown of what may affect some taxpayers this year. [...] [...]
New homeowner credits are still available for longtime homeowners As taxpayers prepare to meet the looming April 15 deadline to file 2009 income tax returns, one accountant provided insight to newer programs and credits available this year. Becky Covington, a tax partner with Haddox, Reid, Burkes and Calhoun in Jackson, said there are several programs [...] [...]
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