TAX » Tax News

The economy recently saw some good news on the job front: A recent jobs report paints a far sunnier picture than we’ve seen in years and led to a stock market rally. Still, the Christian Science Monitor is reporting that as many as 15 percent of Americans are still looking for work.
Even many people who currently have jobs spent some time during 2011 looking for one. If you spent 2011 looking for a job, there’s a good chance you qualify for a number of tax deductions for job seekers. 
By Paul Sisolak
Facebook creator Mark Zuckerberg may owe up to a staggering $2 billion in taxes–but will still emerge a billionaire–when the social networking site comes up for its initial public offering (IPO) late this year, according to reports. 

CompleteTax is popular online tax preparation software that walks taxpayers through the steps necessary to file both federal and state income taxes online. The software’s developer and parent company, CCH, has been providing tax solutions for nearly 100 years.
About CompleteTax 
H&R Block’s At Home tax software (formerly known as Tax Cut) is personal tax preparation software created for individuals and businesses that prefer to manage much or all of the filing process without visiting a preparation office. The software offers a number of options, including e-filing, tax calculators and preparation tips.
About H&R Block 

TaxSlayer is professional tax company and software that grew out of an established firm with a solid reputation and over 40 years in the business. The company’s primary focus is to provide customers with opportunities to prepare and file taxes over the internet.
About TaxSlayer 

Intuit’s TurboTax has been a popular tax preparation software option for nearly two decades. Over the years, the software has evolved into a number of package options for individuals and businesses, making it one of the most popular income tax preparation tools in the United States.
About Intuit 

By now, you’re probably receiving tax forms from your employer, companies you contract for or from interest bearing savings accounts. As always, this flood of tax forms to your mailbox signals it’s time to decide how and where you’re going to file your taxes. 

As people are receiving their tax documents from 2011, many are deciding where and how they’re going to file their taxes. There are a number of tax companies, each offering their own tax preparation services and software. 
Celebrities are often placed precariously in the media spotlight for actions that the public might find shocking–and Kim Kardashian is no exception. The reality TV star recently made headlines after accusations surfaced that she was paying significantly fewer taxes in California than what was expected for her income. 

It is that time of year again. Now that the ball has dropped on the new year, it’s time to celebrate the beginning of tax season.
In order to help get you organized and prepared for the grueling task of filing your taxes, here are some tax deductions that are often overlooked. By taking advantage of them, you have the potential to save hundreds or thousands of dollars. 





