Six Tips for Filing Extended Tax Returns

Every year, millions of taxpayers file an extension with the IRS for an extra six months to file their taxes. If you filed for an extension, you should have paid any tax you owed by the April deadline, but you have until October 16 to file your complete returns. Monday, October 16 is the extension deadline this year. Here are six things to remember if you haven’t filed … [Read more...]

5 Important Tax Tips For New Businesses

Tax tips from the IRS for new businesses, including information on business structures, taxes, Employer Identification Numbers, accounting methods, and employee health care. When you start a business, one key to success is knowing about your federal tax obligations. From choosing the structure of your business to handling payroll taxes, here are five basic tax … [Read more...]

What Self-Employed Taxpayers Should Know About Filing Their Tax Returns

  The IRS offers these 6 tips for self-employed taxpayers: If you are an independent contractor or run your own business, there are a few basic things to know when it comes to your federal tax return. Here are six tips you should know about income from self-employment: Self-employment income can include income you received for part-time work. This is in … [Read more...]

Carpenter Evert’s Top Ten Tax Tips for 2014

The Internal Revenue Service is providing tax tips on its website at  the IRS website between now and April 15 on a wide range of tax subjects. Carpenter, Evert and Associates has put together our top ten favorite IRS tax preparation tips for you. Carpenter Evert’s Top Ten Tax Tips for 2014:  How to Choose Professional Tax Services  Make sure you are hiring the right … [Read more...]

Taxable and Nontaxable Income – What’s the Difference?

IRS Tax Tip #9 from Carpenter, Evert and Associates – Taxable Income and Nontaxable Income IRS Tips about Taxable and Nontaxable Income - Are you looking for a hard and fast rule about what taxable income and what is nontaxable income? The fact is that all income is taxable unless the law specifically excludes it. Taxable income includes money you receive, such as wages … [Read more...]

Help with Taxes – The IRS Top 10 Tips

The Internal Revenue Service is providing daily tax tips on its website at  the IRS website. The tax tips will be published daily between now and April 15, covering a wide range of tax subjects: Errors to avoid when preparing your taxes Making the most of tax deductions and credits How to choose a tax preparer E-Filing your taxes - how-tos How to file for an … [Read more...]