Monthly Archives: February 2011

Making Work Pay/ Did you receive or not

Did I Receive a 2010 Economic Recovery Payment? if you are filling out your return and not sure if you are eligible for the schedule M. See or have your tax preparer see this following link https://sa1.www4.irs.gov/irfof-mwp/start.do   This will … Continue reading

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Electronic Filing of Returns Delayed by the Extender Bill

Monday, February 14, 2011 marks the first day the IRS will begin accepting tax returns with Schedule A for itemized deductions and other delayed forms. On February 14, 2011  preparers can begin filing returns electronically claiming the following: Itemized Deductions … Continue reading

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Can I deduct my contributions to my 529 account?

Answer: Section 529 plans, which include college savings plans and prepaid tuition plans, offer several tax and nontax benefits. But unfortunately, a federal income tax deduction is not one of them. You can’t claim a federal income tax deduction for … Continue reading

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Feb Newsletter

  Feburary Tax News letter BY AABS   Automated Accounting & Bookkeeping Services Inc Read Our Newsletter Financial Calculators Tax Center     News From AABS By now you should be getting all your tax papers in the mail or … Continue reading

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