Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    How To Save Money By Ensuring That Your Tax Returns Have Been Properly Prepared
    Unavailable
    How To Save Money By Ensuring That Your Tax Returns Have Been Properly Prepared
    Unavailable
    How To Save Money By Ensuring That Your Tax Returns Have Been Properly Prepared
    Ebook519 pages3 hours

    How To Save Money By Ensuring That Your Tax Returns Have Been Properly Prepared

    By Milton G Boothe

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    This publication is an absolute must have for anyone who files a Form 1040 tax return. This publication will enable you to prepare almost any Form 1040 tax return without any prior tax knowledge. You can literally increase your income tax refund by thousands of dollars by learning how to claim all the tax deductions and tax credits you are entitled to.Preparing your tax returns yourself is not as daunting a task as your paid tax professions make it out to be - you can do this yourself and save hundreds of dollars each year.Unlike most other tax publications, this publication is comprehensive but easy to understand publication has been compiled specifically with the taxpayer in mind. It is intended to simplify the complex tax code, and to enlighten the taxpayer so that you can know in advance what tax benefits you should receive on your tax return. You will no longer be at the mercy of your (probably incompetent) tax professional, but will be in a position to challenge him/her if your circumstances are not reflected on your tax return.This publication explains every line on the Form 1040 tax return, and in doing so, makes it absolutely clear that preparing your own taxes is not as daunting a task as many of you might perceive it to be. So, for those of you who wish to take on the challenge and prepare your tax returns yourself, you will definitely find this publication to be a very powerful resource tool. Following the guidelines in this publication will enable you to prepare almost any Form 1040 tax return. The publication will also be a valuable study guide for those who are preparing for the IRS competency examination, to become a Registered Tax Return Preparer.Milton G Boothe is an IRS Enrolled Agent with over twenty years of tax and financial accounting experience, including three years at PricewaterhouseCoopers. He is also a British qualified Chartered Accountant. He is currently employed in private tax practices where he helps people resolve their tax problems, minimize their taxes, and routinely represents the interests of taxpayers before the Internal Revenue Service. As an Enrolled Agent (EA) Boothe is a federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the IRS for audits, collections, and appeals.
    LanguageEnglish
    PublisherBookBaby
    Release dateJan 18, 2012
    ISBN9781620950265
    Unavailable
    How To Save Money By Ensuring That Your Tax Returns Have Been Properly Prepared

    Read more from Milton G Boothe

    Related to How To Save Money By Ensuring That Your Tax Returns Have Been Properly Prepared

    Related ebooks

    Related podcast episodes

    Related articles

    • Article

      Should You Do Your Own Taxes or Hire a Professional?

      Jan 30, 2020

      For some people, tax season poses little worry, and the process occurs painlessly. Simply populate the requisite fields on your 1040 with info from your W-2, claim the standard deduction, sign on the dotted line and e-file. After that, the check is

      4 min read

    • Article

      To Avoid a Nasty Tax Surprise on April 15, Check Your Withholding Now

      Aug 6, 2018

      Many people are celebrating the fact that tax reform might lower their income tax liability. What is lost in the celebration, however, is this related, but separate, question, "Will I get a refund next April?" Many people think that a lower tax liab

      4 min read

    • Article

      4 Important Tax Items Every Retiree Should Know About

      Sep 11, 2019

      Retirement may mean that you've stopped working, but it doesn't mean that you're finished with worrying about taxes. Many people think that when they get to retirement, they'll be in a lower tax bracket. But the reality is that taxes in retirement c

      4 min read

    • Article

      7 Best Practices for a Stress-Free Tax Season

      Mar 31, 2022

      It’s the most wonderful time of the year: tax season! All jokes aside, a 2020 study found that the majority of taxpayers dread doing their taxes. Taxes take time, can cost money, and many people find them confusing. They’re basically like homework fo

      2 min read

    • Article

      How Proactive Tax Planning Can Rescue Your Retirement

      Apr 23, 2022

      If I were to ask how much you’ve saved in your IRA, 401(k) or similar retirement plan, my guess is you could come pretty close to telling me your account’s current balance. But what if I asked you how much you can expect to pay in taxes on that money

      3 min read

    • Article

      Should You Defer Your Taxes Until Retirement?

      Nov 19, 2019

      Tax deferral can be a powerful incentive for funding a retirement account. It is difficult to ignore the allure of a plan that allows you to save on taxes now as you save money for retirement. This helps explain why Americans have more than $5.8 tri

      3 min read

    • Article

      3 Retirement Tax Mistakes You Can't Afford to Make

      Oct 9, 2019

      It's easy to assume that financial choices boil down to one's preferences. While personal preferences, goals and priorities should drive most financial decisions, they often can convert a good intention into a mistake. Conversely, those mistakes may

      5 min read

    • Article

      Are Your Investments Overinflating Your Tax Bill? It’s Time to Fix That

      Mar 25, 2021

      Taxes are inevitable – or at least it seems – but that doesn’t mean you need to pay more than what’s actually due. Unfortunately, each year many people send Uncle Sam a larger check than is required, not so much because they are feeling particularly

      3 min read

    • Article

      20 IRS Audit Red Flags

      Nov 14, 2019

      20 IRS Audit Red Flags
      11 min read

    • Article

      6 Tax Strategies for Retirement

      Jun 4, 2019

      Retirement requires many adjustments. Your allocation to stocks and bonds, your tolerance for risk, the management of your time -- all might need adjustment in retirement. Tax planning is another area that needs attention. Nationwide Retirement Inst

      3 min read

    • Article

      Is Your 401(k) or IRA a Sleeping Tax Bear?

      May 7, 2019

      Plenty of retirements these days are built in large part by stashing away money week by week into tax-deferred accounts, such as traditional IRAs or 401(k)s, among other options. And certainly, such accounts can provide a wonderful feeling of confid

      4 min read

    • Article

      5 Reasons a 401(k) May Be the Worst Account to Have in Retirement

      Aug 21, 2019

      Just about every financial expert I know advises savers to contribute to their company's 401(k) plan -- at least enough to receive the employer's matching contribution. I can't argue any differently. That company match is free money -- a bonus from

      3 min read

    • Article

      How to Defuse Your Tax Time Bomb

      May 30, 2018

      If you're still working, you may not think much about the income taxes you pay until you're filing your tax return each year. Thanks to direct deposit, many of us never even see our pay stubs anymore -- we just know the money is going into the bank

      2 min read

    • Article

      Pay Now or Pay Later: Reducing Taxes Should Be a Retirement Priority

      Oct 1, 2019

      Do you have a plan to help reduce income taxes in retirement? That's become one of my top questions for the pre-retirees who attend my financial planning classes or come to my office for help. If they have to think about it, it means they likely do

      3 min read

    • Article

      Why This Tax Filing Season Could Be Ugly

      Jan 26, 2022

      During last year’s tax-filing season, fewer than 10% of taxpayers who called the IRS were able to get a representative on the phone. Millions of taxpayers still haven’t received their 2020 refunds. Kiplinger’s spoke with Erin Collins, the IRS Nationa

      2 min read

    • Article

      New Tax Rates Could Provide Push to Help Defuse Your 'Tax Time Bomb'

      Aug 17, 2018

      Financial advisers consistently caution savers about the dangers of stockpiling too much of their retirement money in tax-deferred investment plans. Do a quick online search of the term "ticking tax time bomb," and you'll see that advice goes back at

      4 min read

    • Article

      The Benefits of Being Your Own Boss

      Jun 7, 2018

      When I moved from Washington, D.C., to Las Vegas a few summers ago, I had to adjust to more than the scorching desert climate and the presence of slot machines at my local grocery store. My status with Kiplinger also changed from employee to contract

      2 min read

    • Article

      How to Keep More Money in Retirement: Diversification That Minimizes Taxation

      Oct 16, 2019

      Although you can't control all the challenges you might encounter as you move toward and through retirement, having a well-thought-out plan can help you be better prepared. That's especially true when it comes to two of the biggest risks to a confide

      4 min read

    • Article

      New Year, New Way To File Your Tax Return For Free: The IRS Launches Direct File Pilot Program

      Jan 29, 2024

      It's back to regular IRS deadlines this year, but with a new tool for many low- and moderate-income households: a service that will prepare and file their tax returns online for free. Starting later this year, taxpayers in 12 states — Arizona, Califo

      4 min read

    Reviews for How To Save Money By Ensuring That Your Tax Returns Have Been Properly Prepared

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words