• Aug, Tue, 2011
  • 2 minutes Read
Members of the Clergy

If you are a minister or member of a religious order, you may have net earnings from self-employment. Minister’s housing. The rental value of a home or a housing allowance…

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  • Aug, Tue, 2011
  • 2 minutes Read
Military

Nontaxable military pay Nontaxable pay for members of the Armed Forces is not considered earned income for the Earned Income Tax Credit or EITC. Examples of nontaxable military pay are…

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  • Aug, Tue, 2011
  • 1 minute Read
Need a Copy of Your Tax Return Information?

Requesting transcripts (individuals): You have three easy and convenient options for getting copies of your federal tax return information–tax return transcripts and tax account transcripts–by phone, by mail, or online.…

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  • May, Tue, 2011
  • 2 minutes Read
Eight Facts on Penalties

When it comes to filing a tax return – or not filing one – the IRS can assess a penalty if you fail to file, fail to pay or both.…

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  • May, Mon, 2011
  • 2 minutes Read
Tax Lien Thresholds

The IRS will significantly increase the dollar thresholds when liens are generally filed. The new dollar amount is in keeping with inflationary changes since the number was last revised. Currently,…

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