Most Requested
bank banking bankruptcy banks bogus bonds business buy cost credit credit cards credit union credit unions debt economy employment farming Federal Reserve finance gold Government identity theft income IRS jobs lending loans marketing money mortgage mortgages real estate reserves resume rules sales savings skills small business speaking tax credit Taxes unemployment USA work-
Categories
Archives
Home | Contact Us | News Archives | Resources
Interest Rates- US: H15 -1.18 2012-02-02 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.11 2012-02-02 FRB Federal funds effective rate
- US: H15 0.09 2012-02-02 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 0.56 2012-02-02 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.12 2012-02-02 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)- FTC Action Halts Telemarketers Who Sold Bogus Credit CardsAllegedly Charged Illegal Up-Front Fee, Took Consumers' Money Without Their Consent […]
- FTC Action Halts Telemarketers Who Sold Bogus Credit Cards
Commerce News- Commerce Spectrum Management Advisory Committee MeetingTopics: Spectrum Management CSMAC Date: February 03, 2012 The Commerce Spectrum Management Advisory Committee will meet March 1, 2012 from 9 a.m. to 12 p.m., Pacific Standard Time. The meeting will be held at the Stanford Institute for Economic Policy Research (SIEPR), Room 130, 366 Galvez Street, Stanford, CA 04305. The Committee will deliberate on the fi […]
- Commerce Spectrum Management Advisory Committee Meeting
Small Business News- Small Business GDP: Update 2002-2010Landing page summary: U.S. gross domestic product (GDP) is the market value of the goods and services produced by labor and property located in the United States. This research takes each component of private nonfarm GDP and estimates the proportions produced by small and large businesses. This study is another installment in the series of studies sponsored […]
- Small Business GDP: Update 2002-2010
Monetary Policy
Cost Estimates- H.R. 3521, Expedited Line-Item Veto and Rescissions Act of 2011Cost estimate for the bill as ordered reported by the House Committee on Rules on January 31, 2012 […]
- S. 896, Public Lands Service Corps Act of 2011Cost estimate for the bill as ordered reported by the Senate Committee on Energy and Natural Resources on Novemaber 10, 2011 […]
- S. 2038, STOCK ActCost estimate for the bill as reported by the Senate Committee on Homeland Security and Government Affairs on January 26, 2012 […]
- H.R. 3521, Expedited Line-Item Veto and Rescissions Act of 2011
Banking- Office of the Comptroller of the Currency Hosts Workshop in DelawareThe Office of the Comptroller of the Currency will host a workshop for directors of nationally chartered community banks and federal savings associations in Wilmington, Delaware, at the Hotel DuPont, March 19-21, 2012. […]
- Office of the Comptroller of the Currency Hosts Workshop in Delaware
5 Tips to Avoid Tax Time Stress
Filing your tax return doesn’t have to be stressful. The IRS has put together five stress-relieving tips to help you.
1. Don’t Procrastinate Resist the temptation to put off your taxes until the very last minute. Rushing to meet the filing deadline may cause you to overlook potential sources of tax savings and will likely increase your risk of making an error.
2,. Visit the IRS Website In 2009, more than 296 million visits were made to IRS.gov. Make 1040 Central your first stop to learn the latest news and find answers to your questions.
3. File Your Return Electronically Last year, two out of three tax returns were filed electronically. More than 800 million tax returns have been processed safely and securely over the past 20 years. Use e-file and direct deposit to get your refund in as few as10 days. E-filed returns have a much lower error rate. Taxpayers receive a fast acknowledgement that the IRS received the return, a service not available to paper filers. You can e-file through your tax preparer or commercial software. Or, you can use Free File, a service offered by the IRS and private sector partners to prepare and e-file your federal return for free. Again, see IRS.gov for more information.
4. Don’t Panic if You Can’t Pay If you cannot pay the full amount of taxes you owe by the April 15th deadline, you should still file your return by the deadline and pay as much as you can to avoid penalties and interest. You should also contact the IRS to discuss your payment options at 1-800-829-1040. The agency may be able to provide some relief such as a short-term extension to pay, an installment agreement or an offer in compromise.
More than 75 percent of taxpayers eligible for an Installment Agreement can apply using the Web-based Online Payment Agreement application available on IRS.gov. To find out more about this simple and convenient process type “Online Payment Agreement” in the search box on the IRS.gov homepage.
5. Request an Extension of Time to File – But Pay on Time If the April 15 clock runs out, you can get an automatic six-month extension of time to file until October 15. However, this extension of time to file does not give you more time to pay any taxes due. If you have not paid at least 90 percent of the total tax due by the April deadline you may also be subject to an Estimated Tax Penalty. To obtain an extension, just file Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. The easiest way to file a Form 4868 is through Free File at www.irs.gov/freefile. Form 4868 is also available at IRS.gov or you can call 800-TAX-FORM (800-829-3676) and have a paper form mailed to you.