by Arthur Geffen | Jan 13, 2012 | Income Tax
Determining your filing status is one of the first steps to filing your federal income tax return. There are five filing statuses: Single, Married Filing Jointly, Married Filing Separately, Head of Household and Qualifying Widow(er) with Dependent Child. Your...
by Arthur Geffen | Jan 12, 2012 | IRS
Don’t be Scammed by Cyber Criminals The Internal Revenue Service receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the IRS. Many of these scams fraudulently use the IRS name or logo...
by Arthur Geffen | Jan 11, 2012 | Income Tax
Even though each individual tax return is different, some tax rules affect every person who may have to file a federal income tax return. These rules include dependents and exemptions. The IRS has six important facts about dependents and exemptions that will help you...
by Arthur Geffen | Jan 10, 2012 | Estate Tax, Gift Tax, Gifts
The recent stock market decline has depressed asset values. Interest rates used in various sophisticated estate planning techniques are at historic lows. And until the end of this year it’s possible to give away up to $5.12 million per person ($10.24 million...
by Arthur Geffen | Jan 5, 2012 | Income Tax
If you’re among the taxpayers who still file a paper return, the IRS reminds you that it no longer mails paper tax packages, a step the agency took after continued growth in electronic filing, the availability of free options and as a way to reduce costs....
