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February 2008
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Archive for February 1st, 2008

10 Tax Goofs Many of Us Keep Making

Year after year, the IRS sees Americans committing the same sorts of mistakes on their returns. Many of these errors are easy to avoid; some are more complicated.

Your income-tax return can inflict a special kind of pain when you make a mistake. Even a simple error can cost you time, aggravation, stress and, yes, money. [...]

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How to Claim Earned Income Tax Credit

Tests for Claiming the Earned Income Tax Credit for 2007
To claim the earned income tax credit you must:–File a tax return, even if you didn’t make enough in 2007 to be obligated to do so.
–Have a valid Social Security number.
–Have earned income from employment or self-employment.
–Not use the filing status of married, filing separately.
–Be a [...]

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