First article about IRS website

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First article about IRS website - Internet offers some easy and not-soeasy...
Internet offers some easy and not-soeasy not-soeasy not-soeasy tax information It's so very easy to lose track of time while you are working on a computer. At least that's what I tell the IRS when they ask me why my tax returns are late every year. Note: Don't use this excuse. It doesn't work. There's not much you can get past the IRS and the federal agency we all love to hate is making it even tougher. Forget about using the lame-brain lame-brain lame-brain excuse you didn't have the right forms. Scratch you didn't know that although your kids attended a legitimate business dinner, their happy meals aren't tax deductible. If you are depreciating a computer and also have an Internet account monthly charge as a business expense, you really better watch it. You see, the IRS put more than 600 forms and publications on the Internet for your browsing pleasure at http:www.irs. As you might expect, despite its graphics and dry humor, the site is about as thrilling as doing your . taxes. But if you need a form, forget about dragging yourself to the IRS office. Just point and click on the form on the Internet. (More about that in a moment.) Better yet, when you want to know more about certain tax rules, you'll find two versions of the official tax codes on the Internet: one you can understand and one, well, that was written by the IRS. For example, say you are wondering if that old PC you donated to your church is tax deductible. You could read this on line: Section 170(f)(8) provides that no charitable contribution deduction will be allowed under section 170(a) for a contribution of $250 or more unless the taxpayer substantiates the contribution with a contemporaneous written acknowledgment from the donee organization. Guess which tax code version this is? Or you could drop by the sweet and simple tax code area on line and read this: In 1993, Congress passed a law requiring people donating money or property to a charity to get a written receipt for each donation of $250 or more. Donors must get the receipt before taking a deduction for the donation. Let's all give the IRS a round of applause. Flexibility is not one of the IRS's strengths, especially when it comes to forms. They have all those special fill-in-the-blank fill-in-the-blank fill-in-the-blank fill-in-the-blank fill-in-the-blank fill-in-the-blank fill-in-the-blank areas and the forms you use better look like the real thing. The forms on line come in a special file format to keep the lines and boxes intact. On the Internet, you'll find forms that you can download, or transfer, from the IRS site to your PC. The forms come in four different file formats: pel, the file can be printed using most Hewlett-Packard Hewlett-Packard Hewlett-Packard laser printers and a few inkjet printers; pdf, the file can read or printed with the free Adobe Acrobat software; ps, the file can be printed using a PostScript printer; and sgml, which is a professional desktop publishing file format. OK, so which one do you choose? Take the easy way. If you are sure of your printer's features and depending on your printer, pick the pel files or ps files. Or get the forms KIM KOMANDO For the Journal you need as pdf files. To use pdf files though, first get your free copy of the Adobe Acrobat viewing program. It allows you to view and to print the forms. Acrobat is available from the IRS site. You can also find Acrobat at Adobe's Internet home page at http:www.adobe.eomAcrobatf ree read.html. Although you got the forms off the Internet, you can't submit your returns there, not yet anyway. The IRS is working on increased security that allows it. Until then, you can mail your returns the old-fashioned old-fashioned old-fashioned way or file the returns electronically using IRS-approved IRS-approved IRS-approved software programs such as Intuit's TurboTax. If you're not sure the program you use has the official IRS stamp of approval, you can check this on the Internet site too. Know that electronic filing isn't free. Intuit, for example, charges TurboTax users $14.95. Still, if you are in for a huge refund, electronic filing may get your money back a little quicker. You'll find tax help on the commercial on-line on-line on-line services too. America Online, CompuServe, Prodigy, and the Microsoft Network all have tax-specific tax-specific tax-specific areas. While you're surfing on line for help with your taxes, here are some other Web pages for you to check out: The Income Tax Information: htmltaxsites.html Text from J.K. Lasser's Your Income Taix 1995 book: http:www.mcp.combookstore jklasserjklhome.html Twenty-Five Twenty-Five Twenty-Five Most Common Tax Preparation Errors: http:www.ey.comustax Tax Notes News-Wire: News-Wire: News-Wire: http: And lastly for some entertainment, How Would You Spend the National Budget: http:uxl.cso.uiuc.edukundert taxestaxdollar.html 1996, The Komando Corp. All rights reserved. Kim Komando is a contributing editor for FamilyPC, Fox TV host, talk radio host, founder of the Komputer Klinic on America Online (keyword KOMANDO). She is also the author of '1,001 Komputer Answers" published by IDG Books. Send Kim your questions to komando jnMd natjtiHtr 3- 3- 4- 4- fc- fc- w T-twff T-twff T-twff UiigdnU HawmcurB vpa I

Clipped from
  1. Albuquerque Journal,
  2. 05 Mar 1996, Tue,
  3. Main Edition,
  4. Page 10

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  • First article about IRS website

    smithern – 27 Feb 2018

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