US Tax

Do You Live in Fear of an IRS Audit? 5 Red Flags to Avoid on Your Return

March 18, 2014
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It is no secret that one of the biggest fears people have is receiving an audit notice from the IRS. It ranks right up there with being diagnosed with a life-threatening illness. Of course, the IRS does nothing to alleviate this fear because the more frightened you are, the less likely you will be...

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Free eFile Tax Returns For Those Making $58,000 or Less

February 20, 2014
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Comprehensive tax preparation and e-filing is available to 70 percent of taxpayers, thanks to Free File – a partnership between the Internal Revenue Service (IRS) and a coalition of industry-leading tax software companies called the Free File Alliance. Every taxpayer with a 2013 Adjusted Gross Income of $58,000 or less may visit www.IRS.gov/freefile to...

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Should You Pay Your Taxes With A Credit Card?

February 20, 2014
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April 15 is less than two months away, and many of us are already trying to figure out how to pay our taxes. Using a credit card to pay taxes may seem like an easy way to appease the IRS, but this may not be the most financially prudent thing to do. Before you...

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Free Tax Preparations Available For Connecticut Residents

February 10, 2014
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Throughhrough April 12th, 2014, YWCA Hartford Region will serve as a Volunteer Income Tax Assistance (VITA) site. VITA offers free income tax preparation for lower-to-moderate working individuals and families with household incomes up to nearly $52,000. The program helps families boost earned incomes, pay down debt and work toward saving for the future. IRS-certified...

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