Free tax prep & News clips from today

News Clips

  • America’s Ford Motor Co. reported a record fourth-quarter profit on Friday. Jan 27, 2012. This was due to a one time tax allowance. It paid off.
  • Florida is considering whether or not to tax’s online sales
  • Over 3.4 Billion in back taxes was owed and may still be owed by US government employees as a whole owe as of September 2011

The IRS is providing “free” Tax Preparation

By Roger Chartier 1/ 27 / 2012
marriedGive your local IRS office a call for details.
If you are married and filing jointly on an electronic form both of you have to be there to sign.  You will need to bring the required paperwork for them.
Here’s a list:

    1. Photo ID
    2. Valid Social Security cards for the taxpayer, spouse and dependents
    3. Interest and dividend statements from banks (Forms 1099)
    4. Birth dates for primary, secondary and dependents on the tax return
    5. A copy of last year’s federal and state returns, if available
    6. Wage and earning statement(s) Form W-2, W-2G, 1099-R, from all employers
    7. Bank routing numbers and account numbers for direct deposit
    8. Any other important or other relevant information about income and expenses
    9. Total amount of money paid for day care
    10. Day care provider’s ID number

“Income tax has made more liars out of the American people than golf.”
— Will Rogers, humorist.

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One thought on “Free tax prep & News clips from today

  1. in 2016 health care will cost $20,000 a year for a falmiy of 4 and that is for bronze, the lowest. Of course no one knows what bronze covers but obviously less than gold or platinum. I know my daughter’s falmiy cannot afford this. I doubt many families can afford it. Of course it may not cost anything because her employer might find it to be cheaper to pay the fine than to offer health insurance. So pray tell since EVERYONE is supposed to be covered where would her falmiy get health care? What a scam. And the entitlement bunch who pay for nothing do not give a damn.Reply

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