Do you have a business that’s been losing money? In their upcoming second quarter report, Blackberry expects to post a billion dollar loss. The tech company expects to recoup a good chunk of that by using that loss to their advantage. Our latest blog recounts Blackberry’s plan and teaches you how to employ this tax trick for your own business.
http://ctaxrelief.com/2013/11/blackberry-uses-capital-losses-to-reboot-business/

Do you have a business that’s been losing money? In their upcoming second quarter report, Blackberry expects to post a billion dollar loss. The tech company expects to recoup a good chunk of that by using that loss to their advantage. Our latest blog recounts Blackberry’s plan and teaches you how to employ this tax trick for your own business.

http://ctaxrelief.com/2013/11/blackberry-uses-capital-losses-to-reboot-business/

Reports show that the IRS has mistakenly paid out billions in the past decade to identity thieves and people who fraudulently claim credits on tax returns. Find out which credits were the easiest targets and why in our latest blog. We also outline the criminal punishments that can befall those who commit these tax crimes.
http://ctaxrelief.com/2013/10/irs-pays-billions-in-erroneous-income-tax-refunds/

Reports show that the IRS has mistakenly paid out billions in the past decade to identity thieves and people who fraudulently claim credits on tax returns. Find out which credits were the easiest targets and why in our latest blog. We also outline the criminal punishments that can befall those who commit these tax crimes.

http://ctaxrelief.com/2013/10/irs-pays-billions-in-erroneous-income-tax-refunds/

Tax credits and deductions hang in the balance waiting for Congress to extend their tenures. If they are allowed to expire, this may be the last year that they can be claimed on tax returns. Our latest blog focuses on which deductions may be gone next year. Learn which credits taxpayers should make sure to qualify for before they’re gone. 
http://ctaxrelief.com/2013/10/tax-breaks-may-expire-at-years-end/

Tax credits and deductions hang in the balance waiting for Congress to extend their tenures. If they are allowed to expire, this may be the last year that they can be claimed on tax returns. Our latest blog focuses on which deductions may be gone next year. Learn which credits taxpayers should make sure to qualify for before they’re gone. 

http://ctaxrelief.com/2013/10/tax-breaks-may-expire-at-years-end/

Sometimes mistakes happen when filing income tax returns, such as late W-2s, or extra deduction we forgot to take. Most taxpayers feel that fixing these errors can’t wait until next year. Filing IRS Form 1040X informs the agency of any changes in status and figures that may impact our returns. Our latest blog covers more reasons to file this form and also informs taxpayers on what to expect throughout the amendment process.
http://ctaxrelief.com/2013/10/irs-form-1040x-corrects-submitted-tax-returns/

Sometimes mistakes happen when filing income tax returns, such as late W-2s, or extra deduction we forgot to take. Most taxpayers feel that fixing these errors can’t wait until next year. Filing IRS Form 1040X informs the agency of any changes in status and figures that may impact our returns. Our latest blog covers more reasons to file this form and also informs taxpayers on what to expect throughout the amendment process.

http://ctaxrelief.com/2013/10/irs-form-1040x-corrects-submitted-tax-returns/

While many government services continue to be unavailable, it does not mean that the October 15 IRS deadlines are moot. Read our latest blog to find out what is expected from taxpayers by midnight on Tuesday. Avoid IRS penalties by being informed and submitting all expected documents.
http://ctaxrelief.com/2013/10/government-shutdown-will-not-affect-october-15-irs-deadlines/

While many government services continue to be unavailable, it does not mean that the October 15 IRS deadlines are moot. Read our latest blog to find out what is expected from taxpayers by midnight on Tuesday. Avoid IRS penalties by being informed and submitting all expected documents.

http://ctaxrelief.com/2013/10/government-shutdown-will-not-affect-october-15-irs-deadlines/

Most taxpayers don’t like to pay taxes. But trying to argue your way out of paying taxes can make more trouble. In fact, if it’s seen as trying to obstruct the administration of tax code, the agency may charge a penalty. This penalty may be lowered by filing IRS Form 14402, the details of which are in our latest blog. Read on to see if you qualify for a huge reduction of those penalties.
http://ctaxrelief.com/2013/10/irs-form-14402-reduces-penalties-for-frivolous-tax-returns/

Most taxpayers don’t like to pay taxes. But trying to argue your way out of paying taxes can make more trouble. In fact, if it’s seen as trying to obstruct the administration of tax code, the agency may charge a penalty. This penalty may be lowered by filing IRS Form 14402, the details of which are in our latest blog. Read on to see if you qualify for a huge reduction of those penalties.

http://ctaxrelief.com/2013/10/irs-form-14402-reduces-penalties-for-frivolous-tax-returns/

If you face high deductibles on your health insurance, our latest blog has information you shouldn’t pass up. We cover IRS Form 8889 and how to use it to submit expenses and distributions related to health savings accounts. Familiarize yourself on how taxpayers can effectively utilize these accounts to grow tax deferred money for health expenses and how to correctly report these transactions to the IRS.
http://ctaxrelief.com/2013/10/use-irs-form-8889-to-report-health-savings-accounts/

If you face high deductibles on your health insurance, our latest blog has information you shouldn’t pass up. We cover IRS Form 8889 and how to use it to submit expenses and distributions related to health savings accounts. Familiarize yourself on how taxpayers can effectively utilize these accounts to grow tax deferred money for health expenses and how to correctly report these transactions to the IRS.

http://ctaxrelief.com/2013/10/use-irs-form-8889-to-report-health-savings-accounts/