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Major life change? Don't forget to update tax documents

When a person lands, or loses, a job, the last thing they may think about is their taxes. But these events could all have an effect on your income returns during filing season, so it's best to sit down every few months and decide if it's time...

Posted to Tax Ranger's Blog by Tax Ranger on 09-01-2010

Filed under: Tax Tips

Know the consequences of marrying someone with tax debt

When a couple decides to tie the knot there is a great deal of planning involved for the big day. But individuals should also make sure they get all of their financial skeletons out of the closet prior to getting married, and that includes outstanding...

Posted to Tax Ranger's Blog by Tax Ranger on 09-01-2010

Filed under: Tax Tips

Reasons To Amend Your Return

Did you forget to include income on your tax return or perhaps missed some deductions? If so, you can correct your return by sending an amended return to the IRS. When you amend a return, you're sending a revised return to the IRS. While the IRS generally...

Posted to Ramblin Randall by Ramblin Randall on 08-31-2010

Study shows many individuals do not take advantage of eligible earned-income tax credits

Tax credits and deductions are intended to provide some financial relief to Americans, but a recent report shows that many eligible individuals may not be claiming them during filing season. Citing the results of study - conducted by the National University's...

Posted to Tax Ranger's Blog by Tax Ranger on 08-31-2010

Filed under: Income Tax Preparation

Do the new health care rules change an individual's tax status?

One provision of the new health care laws - namely the law that allows parents to continue coverage for dependents up to age 26 - has many families wondering if this will affect their tax status. One woman wrote into McClatchy Newspapers seeking advice...