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Trusted Answers From Licensed Business Professionals

Are There Easy Ways To Save Money On My Electric Bill?

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With gasoline and other prices rising, many people are feeling a pinch in their household budgets. Following some simple tricks can help keep your electric bill from being red hot this summer. Read More.

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Generally, a corporation must file its income tax return by the 15th day of the 3rd month following the end of its tax year which, if on a calendar year (Dec), is March 15th. So what happens if you didn't file a return by then and didn't file a tax extension? .
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You’re in luck. The federal government is offering a tax credit of up to $7,500 for anyone who purchases a qualified plug-in electric vehicle after Dec 31, 2009. The credit will begin to phase out after a certain manufacturer sells at least 200,000 of its vehicles in the United States. Both the Chevy Volt & Nissan Leaf qualify for the tax credit, which can help offset the sticker price. Read More.

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There are certainly ways to save money at the pump when you use particular credit cards. In the past year alone, gasoline has gone up by about $1 a gallon, and putting a pinch on many consumers’ budgets. If that’s not enough, the price hikes are predicted to continue, and some experts say prices could jump as high as $6 a gallon. Read More.

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How Come We Always Owe Federal and State Taxes at Yr End?

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The fact that the issue of having to pay taxes at the end of the year is occurring every year, tells us that the cause is not due to a one time tax credit or deduction. It is likely due to a recurring event, such as holding investments that pay dividends each year and not paying estimated taxes each quarter to the government and state for that income. Read More.

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I’ve Filed My Tax Return, Is There Anything Else I Need To Do?


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As tempting as it may be, you shouldn't only think about your taxes for a few days or weeks each year. All through the year you should be keeping your tax records handy and maintaining a dialogue with your tax preparer, particularly during times of change. .
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When Should I Expect to Receive my Tax Refund from the IRS?

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It’s getting down to the wire for those who haven’t filed their tax returns yet, so it’s not surprising that you’re wondering where your refund is. Nowadays it’s easy to keep track of your tax refund status simply by checking the IRS website. Read More.

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The Renters Tax Credit For Lower Income Earners


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It may seem as though homeowners and landlords are the only ones that benefit from property tax write-offs. In large part, this is true. But if you are a low-income renter, you might be in luck. That's right, in some states, renters can actually claim a tax credit for paying rent on property that is subject to taxes. .
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Car Insurance and Other Potential Vehicle Tax Deductions


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Motorists continue to look for ways to save on their daily commutes. The savings may come in the form of insurance payments and other new vehicle related tax write-offs. .
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Protecting Your Bank Account Information After the Data Breach

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About six months ago, we wrote a piece entitled, “Protecting Your Bank Account, ” which warned of the threat of a major data breach impacting online banking. This past weekend the threat became reality. Email marketing company, Epsilon, reported its computers, which hosts email addresses and customer names from many major banks (Citi, JPMorgan Chase, Capital One) and other fortune 500 companies, had been attacked by hackers. They stole an unknown number of email addresses and customer names which could potentially lead to a significant number of phishing attacks. This occurs when a sender fictitiously poses as a known sender such as Chase Bank and requests that the recipient (you) provide personal information such as your bank account number. While phishing attacks are the most likely result of this data breach, there could be more damaging results if necessary precautions aren’t taken. Read More.

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