I’m filing my taxes or tax return or whatever you call it for the first time. What should I do?

I have a special NIH grant (NRSA) as a postdoc that excludes me from having to pay social security (FICA) and unemployment taxes (FUTA) because I am not considered an employee. How do I file a tax return so these taxes are not paid? Any tips would be helpful! (For the record I know anyone [...]

is there a online tax return site because i went to efile and it was not free plus i couldnt so my state because they charged extra where can i do all this for free help please!! i live in CA and made around 6,000 Accounting Sites 2009 Tax Return Calculator | Stash To Treasure [...]

I didnt file tax last year 2007. I make a small profit, roughly K on a cash-based business, buying and selling stuff. (not a registered sole proprietorship, just doing it out of my own spare time) I have to show my last year’s tax to sponsor my husband for his green card. would I be [...]

If a person makes x dollars, and has the same amount in legitimate deductions, and x > standard deduction+personal exemption, and the person does not file a tax return, I assume the IRS will request a statement showing the deductions. But, assuming all the deductions are legitimate, are there any failure to file penalties (or [...]

Hi All, Can anyone tell me what the penalties for failure to file a tax return by the due day, failure to pay the tax due,and accuracy related penalty are?Has there been a new change among any of them after 2005? Accounting Sites Filing a Tax Return – Better Late than Never! | Tax Attorney [...]

I am doing a favor for a non-profit company. I am working on filing their tax return which I found out was due May 15th. There is a penalty for late filing. I heard that there was a form I could fill out asking the IRS to waive the penalty. If so, what form is [...]

I have been filing my own taxes last few tax seasons but this year I’ve been on unemployment and wondering if it’s still simple enough to file it myself. I worked partly last year so i also have a W2. I’m just cautious of how the unemployment numbers would figure into my tax return. I [...]

I need to file an amended tax return for 2003. I received a refund that year. The extra income I need to report is about ~00 for eBay auctions (regular selling of specific products, not "garage sale" type stuff). My question is what penalties will I be charged? Had I claimed this income in 2003 [...]

I am trying to set up quickbooks for my business. Would I classify penalties as an expense or current liability? these are penalties for filing sales tax return late. I set it up under expense but am unsure if that is correct. I hate to make an appointment with my /hour accountant just for this. [...]