Incomplete information: If you've skipped an entry or two on your tax forms, the IRS will need those blanks filled in before proceeding with your refund. Identity theft or fraud: In the unfortunate event that your personal information has been compromised, it could affect the ti...
You should note that personal history has a huge influence on the success of the loan application. In fact, you might be thinking that personal and business finances are separate, but banks look at your credit history to assess your potential. That is because it can offer evidence that you ...
If the IRS discovers an error on your return, such as incorrect personal information or a misclaimed tax credit, they will adjust your refund accordingly and notify you by mail. You do not need to file an amendment if your refund is being processed. The IRS "Where's My Refund" tool wil...
If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the l...
My 2008 Personal Income Tax ResultsMarch 27, 2009 Posted by Tyler Cruz As promised, here’s an update of how things went with my personal 2008 income taxes since my accountant finished all my personal year-end taxes last week. I say personal because I still have to gather some more ...
Thanks to the Income Tax Act, there are a few exceptions to the one-year limit for borrowing money from your corporation. These include using the loan to buy: A home for personal use. Shares of the corporation. A car used for work purposes. Items directly from the business via trade deb...
Take out a personal loan Work with a tax relief company Borrow against your home equity Taxes FAQs IRS installment plan If you don't have the cash right away, the IRS hasinstallment plansthat can help. There's no getting around interest and penalties,but you'll avoid more severe consequence...
Here are updated performance and asset allocation charts, per the “Holdings” and “Allocation” tabs of my Empower Personal Dashboard. I own broad, low-cost exposure to productive assets that will provide long-term returns above inflation, distribute income via dividends and interest, and offer...
Posted onMay 8, 2022inInvesting,Personal Finance My new created business had a good start and we continue working hard towards Financial Independence Hey there fellow reader. It’s been quite a while since I’ve published a new posts. In fact it has been four months since I’ve published ...
I Still Do Tax Work Just to be clear, this doesn’t mean that I totally abdicate all my tax work to a CPA. It’s not like I take a shoebox full of receipts and dump it on them. I spend 20 hours or so combing through Quicken records, files, receipts, and the like to develop ...