by: Gray Rollins
When a taxpayer owes money on their taxes they need to pay the amount owed before the traditional April 15th deadline. If the amount owed on taxes is not paid before the deadline, then federal and state governments can impose a number of late fees and penalties. While there are penalties for failing to a pay taxes on time, there are no penalties assessed to individuals who are due a refund but fail to file their tax returns on time. http://www.taxhelpdirectory.com/taxfiling/
Tax season is a stressful time for many taxpayers. With hectic lives and busy schedules it is likely that an individual may not find the time to have their taxes prepared. As previously mentioned, there is the chance of late fees and other additional penalties for individuals who owe taxes; therefore, many individuals who are expected to owe money are more likely to find the time to have their taxes completed on time than those who do not. There are no penalties for taxpayers who are expected to receive a refund to file their taxes late; however, there may be another problem that arises. That problem is what is known as unclaimed tax refunds.
Unclaimed tax refunds are tax refunds that are due to a particular taxpayer; however, they failed to claim them. Unclaimed tax refunds often result when a busy taxpayer who expects a tax refund puts off sending in their tax forms until it is completely forgotten about. Although the majority of Americans look forward to the day that their tax refund arrives, there are still many others who allow their refunds to become unclaimed tax refunds. It is estimated that hundreds to thousands of individuals each year fail to file tax returns which would result in them receiving a refund. Filing a tax refund is a fairly simple process. For under thirty dollars an individual can purchase a tax software program that will make tax preparation easy and quick. Most taxpayers can prepare their own paper taxes by filling out a federal 1040A or a 1040EZ form. Each of these forms is likely to take less than an hour for the average taxpayer to complete.
A taxpayer has until three years after the year that they were supposed to file their tax return to claim their refund. For taxpayers to get their refund they have to file the federal or state tax return forms that they previously failed to file. Since the tax laws change from year to year, a taxpayer looking to reclaim their unclaimed tax refund must use a tax form for the year they missed. By visiting the website of the Internal Revenue Service (IRS) at http://www.irs.gov, an individual can find and download old federal tax forms. The same can be done with most old state tax forms. To do so individuals are encouraged to visit the website of their state tax department and then download the specific forms they need.
It is hard to imagine why a taxpayer would not want to claim their tax refund. Unclaimed tax refunds do not benefit anyone but the federal or state government. A tax refund is money that is owed to a taxpayer because he or she paid too much in taxes. Why pay more money in taxes than you have to? Act now before your money is forever known as one of the many unclaimed tax refunds.
About The Author
Gray Rollins is a featured writer for the Tax Help Directory. To learn more about the unclaimed tax refunds, visit http://www.taxhelpdirectory.com/taxrefund/ and for more information about tax deductions, visit http://www.taxhelpdirectory.com/commonlymissedtaxdeductions/.
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The 10 worst mistakes you can make when selling your privately owned small business
by: Barry Evans
Thinking about selling your business? You are not alone. CNN Money reports that 35 million baby boomers are expected to retire between 2000 and 2020. If you are approaching retirement or soon will be, chances are you?ve considered putting your business on the market for one of the following reasons:
In the end, no matter what your scenario or reason for selling, your objective is to get the most money for your blood, sweat, and tears. Here are ten mistakes not to make when selling your privately owned small business:
1. Not Knowing Your Business?s True Market Value:
Different...
The 10 worst mistakes you can make when selling your privately owned small business
What is a Structured Settlement
What is a Structured Settlement
by: Amit Laufer
A Structured Settlement is an agreement between a personal injury victim ( a Plaintiff ) and an Insurance company ( the Defendant ) to compensate the Plaintiff by the defendant with long term periodic payments instead of a single cash lump sum.
Payments can be tailored to each individual plaintiffs needs, to help meet expenses such as on-going medical and living expenses, education, children needs & support etc? The fixed annuity payments are tax-free to the claimant, a cost-of-living adjustment (COLA) feature is available, that can help offset the effects of inflation over time, payments can continue as long as the claimant lives thus providing him the maximum benefits.
Structured settlements are encouraged by plaintiffs lawyers, Courts, Insurance companies and the legislators alike as they all agree it is the best solution to all parties involved especially for the claimant.
...
How Do I Prepare for Retirement?
How Do I Prepare for Retirement?
by: Stuart Simpson
When the day finally arrives, will you be ready?
What do you need to do?
How do you need to prepare?
Well, if you are over 10 years from retirement, then just sock away tons of money in your 401k for now.
This article is focusing on people a little closer to retirement.
So you are about 10 years from retirement.
What should you do?
What should you look at and what things will come up that you typically don?t think about while you are working?
There are 5 guidelines for you to look at to prepare your financial retirement.
Do you have an emergency fund?
Some experts say you should hold between six and 10 months worth of living expenses.
When we were younger, that seemed ludicrous.
How could you save so much and be expected to eat?
We had kids to raise and educate.
But now, think about...
Telecom Data Systems, President
by: Marvin Mitchell
History has proven that gold provides excellent investment opportunities during times of inflation, political unrest, and economic uncertainty. With terrorism on the rise, record oil prices, and an ever increasing Federal deficit, we believe the price of gold will explode in the near future.
Many wealthy individuals and large corporations seem to agree with our assessment. We've noticed a large number of institutional investors purchasing gold and other precious metals. To benefit from this trend, we do not need to be privy to everything they know - but for simplicity sake, we may want to imitate the things they are doing.
Today, I am urging all our members, customers, and partners to consider opening an e-gold account. Since e-gold is backed 100% by gold bullion, buying e-gold is like buying physical gold, but easier.
A couple of years ago, I opened an e-gold account with some...
Telecom Data Systems, President
The 10 worst mistakes you can make when selling your privately owned small business
by: Barry Evans
Thinking about selling your business? You are not alone. CNN Money reports that 35 million baby boomers are expected to retire between 2000 and 2020. If you are approaching retirement or soon will be, chances are you?ve considered putting your business on the market for one of the following reasons:
In the end, no matter what your scenario or reason for selling, your objective is to get the most money for your blood, sweat, and tears. Here are ten mistakes not to make when selling your privately owned small business:
1. Not Knowing Your Business?s True Market Value:
Different...
The 10 worst mistakes you can make when selling your privately owned small business
Accounting Community Supports KPMG
by: Thomas Johansmeyer
With the US government?s case against KPMG settled, the battered firm can refocus its efforts on its core businesses.
Enabling this refocusing is a series of internal mandates that have rippled across Deloitte & Touche, Ernst & Young, and PricewaterhouseCoopers.
No poaching!
Leadership in each of these firms has instructed the respective partners not to take advantage of KPMG's weakened condition.
There does not appear to have been any collusion between the other members of the Big Four, and smaller accountancies have supported this position.
Deloitte & Touche, Ernst & Young, and PricewaterhouseCoopers agree on the importance of KPMG?s continued success.
The large accounting firms have received intense criticism since the implosion of Andersen as to the lack of competition and increased concentration of service providers.
The collapse of KPMG...
Accounting Community Supports KPMG
Cancer and Diet
Cancer and Diet
by: Marilyn Bennett
The issue of cancer and diet is paramount to your health. Without feeding the body the ingredients it needs, it simply cannot produce the processes that combat the cancer.
Firstly, when looking at nutrition for cancer, we need to understand the role of pancreatic enzymes. These enzymes, including trypsin & chymotrypsin, play a major role in halting the formation of tumours. Unfortunately these enzymes also play a part...
Cancer and Diet Tax help
Savvy Job Seekers Express Appreciation
Savvy Job Seekers Express Appreciation
by: Heather Eagar
Using a thank you letter after interview practice will make interview practice seem real. Adding this sense of realism will do nothing but help you when it comes time for a real interview. You?ll be comfortable and at ease and ready to present a real thank you letter, after having practiced the scenario beforehand.
With that in mind then going all the way in rehearsing for the interview and using...
Savvy Job Seekers Express Appreciation Tax help Unclaimed Tax Refunds: How To Claim Yours sample resume
How To Make Sure You Will Give Up On Your Weight Loss Resolution In 4 Weeks
How To Make Sure You Will Give Up On Your Weight Loss Resolution In 4 Weeks
by: Susanne Myers
Every year millions of us make a New Year?s resolution to lose weight. Every year millions of us give up before the end of January. Let?s take a look at some of the things we do to set ourselves up for failure year after year.
Super Restrictive Diets
We all like instant gratification. We want to loose 30 pounds in 3 days. That?s what drives us to super restrictive...
How To Make Sure You Will Give Up On Your Weight Loss Resolution In 4 Weeks Tax help
Think Zinc - An Essential Nutrient
Think Zinc - An Essential Nutrient
by: Eva Moffat
Zinc is found in practically every cell in your body. There are about two grams of zinc where it is highly concentrated in the skin, hair, nails, eyes and testes.
Sexually active men need one third more zinc than women. With the exception of breast-feeding women, because the infant will absorb larger amounts of its mother?s zinc supply than normal.
Zinc is a precious mineral. Although our need for...
Tax help Unclaimed Tax Refunds: How To Claim Yours seeds Think Zinc - An Essential Nutrient
7 Excuses For Not Starting Up Your Weight Loss Diet
7 Excuses For Not Starting Up Your Weight Loss Diet
by: Terje Brooks Ellingsen
Changing habits is one of the most difficult challanges we human beings are facing. This also applies to changing food habits, and especially starting a weight loss diet, when you are used to eating what you want when you want it. When we feel defeated by this challenge it is easy to find excuses for not doing it. I'll discuss 7 common excuses for not starting up or staying on a fitness...
Tax help diets