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Ever since the beginning of the Internal Revenue Service (IRS), taxpayers have suspected it of abusing its power, showing favoritism and invading privacy. In some cases, these accusations have been…
Read moreThe nation had few taxes in its early history. From 1791 to 1802, the United States government was supported by internal taxes on distilled spirits, carriages, refined sugar, tobacco…
Read moreWASHINGTON — The Internal Revenue Service announced availability of the fall 2011 issue of the Statistics of Income Bulletin, which features data for 140.5 million individual income tax returns filed…
Read moreWhich records? Well, the IRS recommends that you keep all tax-related records for 3 years in case of an audit. But some old tax documents, such as last year’s W-2’s,…
Read moreAt Uncle Joe Tax Services our wealth of knowledge is gained through continued education and research in the field of Income Tax Preparation. Throughout the year we indulge ourselves in…
Read moreTax Season is almost here and that is a reason to Smile. Another reason to Smile is we are ‘A Good Name to know Now and During Tax Season’ We…
Read moreUpdated as of November 1, 2011The Form 2290 is available now. If your vehicle was first used in July, August, September or October 2011, you are required to file Form…
Read moreWASHINGTON — For tax year 2012, personal exemptions and standard deductions will rise and tax brackets will widen due to inflation, the Internal Revenue Service announced today. By law, the…
Read moreAn individual may be able to take a tax credit of up to $1,000 ($2,000 if filing jointly) for making eligible contributions to an IRA or employer-sponsored retirement plan. Who…
Read moreWhy should you enroll in your employer’s retirement plan? Did you know… That retirement can last for 30 years or more? That a common rule to follow is that a…
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