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How to Pay Estimated Income Taxes and Avoid IRS Penalties

Taxpayers must pay their taxes “as they go.”  For many taxpayers, their income taxes are withheld from their paychecks.  For taxpayers that don’t have any withholding, they will need to make estimated tax payments.


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How to Claim a Casualty Loss on Your Income Tax Return

Hurricane Irene hit the eastern coastline hard this past weekend.  In the south, Irene was originally designated as a “Category 3” hurricane.  The highest rating and most violent is a Category 5.  Irene was subsequently downgraded to a Category 1. 


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Some Taxpayers Must Wait to File 2010 Tax Returns

The Internal Revenue Service has announced that some taxpayers will not be able to file their returns until mid to late February 2011 due to last year’s tax changes.  The IRS will need to reprogram its processing systems for three


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