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We deal with the IRS so you don’t have to

We thought this paragraph from the previous post deserved its own blog post because its so true. One of the reasons that Tax On Wheels, LLC is a viable business (aside from our sparkling wit and charming personality) is that we relieve clients from the responsibility of doing battle with the IRS.  Whether it is […]

THE IRS IS NOT ADEQUATELY FUNDED TO SERVE TAXPAYERS AND COLLECT TAXES

That is the official opinion of the IRS Taxpayer Advocate. One of the reasons that Tax On Wheels, LLC is a viable business (aside from our sparkling wit and charming personality) is that we relieve clients from the responsibility of doing battle with the IRS.  Whether it is calling the IRS 800 number and sitting […]

Get IRS forms and publications and state forms too

The best place to get IRS forms and publications is right here at taxonwheels.com.  Not only do you find federal forms and publications but we also provide state forms as well. Just surf to our forms center by clicking here to access state and federal forms. If IRS publications are what you need then visit […]

Do I Need to File a Tax Return This Year?

You are required to file a federal income tax return if your income is above a certain level, which varies depending on your filing status, age and the type of income you receive. However, the Internal Revenue Service reminds taxpayers that some people should file even if they aren’t required to because they may get […]

Payroll Tax Cut Temporarily Extended into 2012

WASHINGTON — Nearly 160 million workers will benefit from the extension of the reduced payroll tax rate that has been in effect for 2011. The Temporary Payroll Tax Cut Continuation Act of 2011 temporarily extends the two percentage point payroll tax cut for employees, continuing the reduction of their Social Security tax withholding rate from […]

Six Year-End Tips to Reduce 2011 Taxes

The IRS wants to remind all taxpayers that with the New Year fast approaching, there is still time for you to take steps that can lower your 2011 taxes. However, you usually need to take action no later than Dec. 31 in order to claim certain tax benefits. Here are six tax-saving tips for you […]

Do you know your name? Has your name changed recently?

Don’t be too quick to answer. Many people try to file tax returns using the wrong name. This happens frequently in cases of marriage or divorce when a name has been recently changed. If you try to electronically file your return with the wrong name your return is likely to be rejected by the IRS, […]

Tax Credit Helps Low- and Moderate-Income Workers Save for Retirement

Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2011 and the years ahead, according to the Internal Revenue Service. The saver’s credit helps offset part of the first $2,000 workers voluntarily contribute to IRAs and to 401(k) plans and similar workplace retirement programs. Also […]

Foreign Financial Asset Reporting

You may recall that we issued an alert on September 15, 2011 on the Today’s Tax Tip page regarding the proper reporting of foreign bank accounts.  Unless you have a really good reason to do so, you probably will want to avoid having foreign financial assets.  Failing to properly report these assets can result in […]

More on the South Carolina Department of Revenue Refund Debit Card

After posting our apparent scoop about the South Carolina state income tax refund prepaid Visa debit card program yesterday we received the following: Columbia, SC — The South Carolina Department of Revenue (SCDOR) today announced that taxpayers will soon be offered a new method for receiving their individual income tax refunds. For the 2012 individual […]