24th February 2009

The 1040 Ez Form Is Easier, But It Might Give You Less Money

Every year, thousands of people give their money to Uncle Sam needlessly. Don’t be one of those unfortunate souls who fail to get the money that the government owes just because you want an simple tax return. Stay with me for a minute and I’ll help you figure out if you can get a larger refund by filling out a 1040 form instead of the 1040 EZ Form. At the end, I will tell you about software that will automatically determine which tax form is ideal for you.

posted in Tax Planning | 2 Comments

24th February 2009

Using 2008 Tax Tables To Easily Figure Out Your Taxes

You can use tax tables to easily figure out how much taxes you have to pay. At a glance, you can see how much taxes are owed on your taxable income depending on your filing status just by looking at the 2008 tax brackets. This quick look can also help you figure out what the right filing status is for you.

There are a few easy steps to calculate your income taxes using the 2008 tax tables which are available from the IRS website and the tax instructions.

posted in Tax Planning | 0 Comments

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