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Looking for 2006 estimate or estimator tax refund for 2006?

February 3, 2009 by  
Filed under Videos

marek3d18b asked:


Our software makes estimating your ex tax return for 07 easy! We have the information, tools and tips you need to file your United States taxes! Looking for a 2006 estimate or estimator tax refund for 2006? You can file your taxes confidently, receive confirmation and track your refund check. EFiling with our standard software will cost you nothing!

Try us to file a Montana state tax refund or return!

February 1, 2009 by  
Filed under Videos

triinu85488 asked:


Hey residents of Montana- state tax refund or return filing software is FREE and ready to use online or as a download! Watch this video to see how easy it is to prepare, print, and eFile- even file your 1040, 1040a or 1040ez federal return- for free! Get complementary IRS tax tips, help and support and the expert advice of J.K. Lasser. File your taxes quickly, easily and confidently!

Hey Massachusetts! Tax refund information in this video!

February 1, 2009 by  
Filed under Videos

silva7e64f asked:


Everybody wants to get added Massachusetts tax refund value! We have solutions for you. To maximize your IRS rebate check, appraisal of your deduction and credit options is key. We have all the tables, instructions and tips you need. Make your tax return worth more. Use our FREE standard software to file your federal return! Visit our website for more information.

Check out Oklahoma tax refund info in this video!

January 31, 2009 by  
Filed under Videos

miguel430ab asked:


Everyone wants to get added Oklahoma tax refund value! We have solutions for you. To maximize your IRS rebate check, appraisal of your deduction and credit options is key. We have all the tables, instructions and tips you need. Make your tax return worth more. Use our FREE standard software to file your federal return! Visit our website for more information.

How much do you think I will have to pay the IRS ?

January 29, 2009 by  
Filed under Questions & Answers

Terry J asked:


Hi… I never filed my 2005 Tax return. Long story why..I was misinformed..anyways…. In 2005 I was claimed as a dependent and according to my 1040-EZ I owe the IRS $303. But thtas only if I would have paid them by April 2006…. Does anyone know any idea how much the penalties will cost me for filing late?

Will I get into trouble with the IRS with the following situation?

January 28, 2009 by  
Filed under Questions & Answers

john e asked:


I know that the IRS prohibits using the ACTUAL EXPENSES METHOD during the first year of vehicle usage (i.e. 2005) and then using the STANDARD MILEAGE deduction for the succeeding years (2006)…But I tried to circumvent this rule by the ff:

I want to shift to the STANDARD MILEAGE method this year and subsequent years. Therefore, I filed an amended tax return (1040x) for 2005 and changed my vehicle deduction from Actual to Standard Mileage. Then I included a payment with the return to make up for the resulting tax deficiency.

I then filed my current return for 2006 using the Standard Mileage method which is easier and allows me a larger deductible this year. Is this allowed?

What is the meaning of tax return and IRS?

January 24, 2009 by  
Filed under Questions & Answers

wizard101z asked:


Theres just a big question mark on my head everytime i hear this word (tax return , IRS). Can anyone tell me what is the function and meaning of tax return and IRS?

To get approved for a home loan I need copies of my tax return. I just filed. Will my local IRS stamp it?

January 22, 2009 by  
Filed under Questions & Answers

miracle_2_see asked:


I need a offical stamp on my IRS forms to get loan approval since I didnt file my income tax from last year. If I go to the local office with my filed tax return and certified mailing reciept as proof that it was sent, will they stamp it?
I filed it with Jackson Hewitt but done via paper and certified mail.

How to fill out Form 2555?

January 22, 2009 by  
Filed under Questions & Answers

DOCO asked:


I EFILE MY TAX RETURN SEVERAL TIMES ALL GOT REJECTED BECAUSE FORM 2555, MY HUSBAND HAS GREEN CARD AND WORKS IN CHINA, FOR LINE 18 I FILL OUT THE DATES HE STAYED IN US, I GOT ADVICE THAT I SHOULD DELETE IT, AND LINE 17 I SHOULD FILL OUT CHINA OR US?

What is Irs Tax Fraud?

January 20, 2009 by  
Filed under Articles

Roni Deutch asked:


According to IRS, every American citizen is responsible for filing their own tax return when required to do so through a duty known as voluntary compliance. Fortunately the majority of Americans comply by determining and paying the correct amount of taxes to the government. However, there are many that willfully and intentionally violate their legal duty of voluntary compliance by failing to pay the correct amount of income, employment, or excise taxes.

Although some Americans live in fear of the IRS because they owe back taxes to the IRS, there is a big difference between owing a few hundred dollars because of mistakes on your previous tax return and committing tax fraud. In committing tax fraud you deliberately break the tax law by providing incorrect information on your tax returns for the purpose of some type of gain. Activities the IRS determines as breaking the tax laws include but are not limited to:

* deliberately underreporting income

* deliberately omitting income

* keeping two sets of books

* overstating the amount of deductions

* making false entries in books and records

* claiming personal expenses as business expenses

* hiding assets or income

* claiming false deductions

* transferring assets or income

In order to combat tax abuses the IRS created the Criminal Investigation Division that strives to correct the issues of improper tax filing and payment. The Criminal Investigation Division of the IRS investigates a wide array of individuals and industries including business owners and self-employed wage earners. It is the main component of the IRS’s efforts to directly influence taxpayer compliance.

The Tax Fraud Program is the Criminal Investigation Division’s largest enforcement program that covers a variety of tax fraud and tax and money laundering crimes. According to IRS statistics there were 1,863 investigations initiated by the Tax Fraud Program in 2006, leading to nearly 700 people being sentenced and incarcerated for breaking the tax law.

The Tax Fraud Program classifies tax fraud crimes into two basic programs, legal source tax crimes and illegal source financial crimes. Legal source tax crimes involve people who earn wages legally but choose to evade taxes by violation of tax laws. These cases involve behaviors that threaten the tax system, such as questionable claimed refunds, unscrupulous tax return preparers, and persons who challenge the legality of income taxes. The prosecution of these cases is essential in supporting the IRS’s overall compliance goals, encouraging voluntary compliance with the tax laws, and promoting fairness and equity in the American tax system.

The second program, illegal source financial crimes, focuses on money gained through illegal sources of income, such as illegal gambling. According to the IRS, these underground operations threaten our “voluntary tax compliance system and undermine the overall public confidence in our tax system.” The IRS demands that taxes be paid on money earned through any means, therefore many recipients of illegal income attempt to legitimize their income. This process of “cleaning” the illegally obtained money is known as “money laundering.” The IRS deems money laundering as “tax evasion in progress.”

Nowadays, money launderers use various schemes and transactions to conceal income and assets. This includes manipulation of currency reporting requirements and the layering of transactions. Since money laundering and currency violations are often intertwined with tax violations, the illegal source financial crimes program encompasses many tax and tax related violations.

The punishments and penalties for tax fraud issues vary from cases to case. However, according to the US tax code (sections 18 and 26) some violations of tax law carry penalties of up to five years in prison with fines up to $250,000.00 for individuals and $500,000.00 for corporations. According to IRS statistics, the average incarceration sentence for tax fraud crimes in 2006 was 26 months.

The important thing to remember is to be completely honest when preparing your income tax returns. Alternatively, you should seek a competent professional to prepare your returns for you. If you follow your legal duty of voluntary compliance and pay your taxes without hiding income then there is never a reason to worry.



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