Tax Day 2012: Tips to take the frustration out of filing
The middle of April becomes a stressful time for everyone. The common denominator? Tax filing. Here are a few tips from experts that can take some of the stress out of doing your taxes.
— Wilma Hayes of H&R Block provides some last-minute tips for tax filing.
— Even with two extra days this year, you may be behind on filing your taxes. With the April 17 deadline fast approaching, it's even more important to take the time to double-check your work. The Illinois CPA Society suggests reviewing these areas for common errors that could cause you problems later.
— When it comes to certified online tax support, eSmartTax.com is the only online tax preparation provider to offer free CPA Audit Assistance for its customers. eSmartTax.com offers a service which guarantees CPA support throughout the entire process for those tax payers being audited either by the IRS or their individual state.
— Even with some extra time, the tax deadline is fast approaching. Thanks to a holiday in the District of Columbia, all taxpayers have until April 17 to get Form 1040 into the IRS.
New research from T. Rowe Price shows that most investors between the ages of 21-50 are generally familiar with the tax advantages of Individual Retirement Accounts (IRAs) and have used them to save for retirement, but some appear to confuse the specific benefits of traditional IRAs and Roth IRAs, the two most commonly used types of IRAs.