Welcome to taxes Guide
New York Taxes Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
The Ease of Filing Taxes Online
from:It used to be when given the choice between a trip to the dentist and filing taxes, the majority of individuals really had to stop and think about their options. While both seemed to have their own levels of discomfort, many eventually decided it was impossible to choose between the lesser of the two evils. These days, the advent of filing taxes online has done away with much of the frustration that often went hand in hand with conventional paper forms. It is not only faster but more accurate. Those expecting a refund can expect a much shorter wait time when filing taxes online.
While there are still those who opt to file their taxes in the conventional manner through the mail, millions of taxpayers have switched to filing taxes online using self guided programs. This not only cuts down on paper for the IRS it can also mean an uncomplicated, easier filing process that takes a very short time to complete. This is especially true for individuals who have no itemized deductions. Those who file their federal tax returns online can also file their state returns at the same time. Even those with complex returns who use professionals when filing taxes have their returns sent electronically.
With the option of filing taxes online, many no longer wait until the very last opportunity to do their taxes. This means less mistakes and less in the way of frustration from having to repeatedly amend a tax return before it is accepted. It also means not being assessed fines or penalties for failing to file taxes in a timely manner. Online programs are easily found. Even the Internal Revenue Service has its own online filing program. It can be used for free by those making $52,000 or less per year. Filing state returns online will typically require a fee.
Once it is sent electronically, filers are given a confirmation that their return has been received and accepted. With a number of safeguards in place, all information is kept private via encryption and other protective measures. Once the return is completed and sent, filers can then print out a copy of the return for their own records. Filing taxes online is often recommended over using boxed tax software. As tax codes tend to change every year, an online program will be updated to the most current tax codes. Using a certain program consistently also allows filers to see returns from previous years. If little has changed from the preceding year, the program simply updates the new return using last year's basic information.
New York Taxes News
Analysis: Property taxes give NY Westchester edge over peers
NEW YORK (Reuters) - Westchester County has the lowest median household income of the four wealthy New York counties near New York City, but it alone has bragging rights to something that would be the envy of any municipality in these times of fiscal trouble: a top AAA credit rating. One secret lies in Westchester's higher and steadier stream of property taxes, analysts say. Rockland County ...
Read more...Sorry New York Times, Mark Zuckerberg Has Been A Billionaire for Four Years
The New York Times' Nick Bilton made a bold statement yesterday on the Bits technology blog: "Mark Zuckerberg, the founder of Facebook, is now officially a billionaire."
Read more...Rich French Residents Flee Tyrannical Taxes, Seek Shelter in New York
France: get out while you still can (Celine Aussourd, flickr) Mon Dieu! Rather than redecorating their chateaus or contemplating the new Chanel collection, the French elite must now find places to stash their cash, now that the people have gone and elected that terrible Socialist François Hollande. The taxman cometh, reports The New York Times , and wealthy Gauls are not standing around waiting ...
Read more...West New York, N.J., Mayor Accused of Hacking Opponents’ Web Site
Dr. Felix Roque of West New York, N.J., and his son face federal charges.
Read more...New York's craft brewers say loss of tax exemption could cause beer prices to rise
Added taxes could boost prices $1 for every pint or sixpack. Lawmakers considering bills to restore tax break.
Read more...