ReleaseWire

On March 3rd, Picket Fence Tax Service is holding an open house from noon until 8pm. This open house is a chance for Harford County residents to come in, grab a free beverage and pastry, and discover the evolution of tax offices. With its coffee shop feel, Picket Fence Tax Service is focused on providing a relaxing, stress free tax experience for clients.

The way people can file taxes has been greatly affected by changing internet technologies. Today's younger generations are increasingly turning to the convenience of the internet to file their taxes as opposed to the traditional brick and mortar tax preparer's office.

CA employers that seeking an easy way to file W2 tax form before deadline can try out the new ezW2 software from Halfpricesoft.com (http://www.halfpricesoft.com). This W2 software have been approved by SSA to print W2 and W3 on white paper((no red ink forms needed)

In 2014 alone, nearly 100,000 homeowners appealed their property taxes in New Jersey – and nearly two-thirds succeeded in having their assessments reduced by $25,000.00 to $75,000.00 – thereby lowering their taxes in many cases by $10,000.00 over 12 years.

TheBestCompanys.com (TBC) reviews and ranks tax preparation companies to better provide insight for both business and personal tax filings. The tax preparation services were stacked up against each other to see which one offers the most to their customers.

ezPaycheck payroll software speeds up paycheck processing and tax form reporting for small businesses. Halfpricesoft.com developers appreciate any and all suggestions from potential and current customers on payroll software. Several new features have been added to the 2015 edition.

Many taxpayers require a little extra help when it comes to taking care of their dependents. Those who hire professional care for their disabled relatives or childcare for their children younger than 13, so they can work may be eligible to recoup their expenses through the Child and Dependent Care Credit. This tax credit is worth up to 35% of qualifying expenses incurred due to the care of a dependent while you are at work.

In the recent troubled economic climate, Accountants have become more important than ever before. Some business leaders and media groups including the New York Times have said Accountants are more important than visionary leaders. One London Accountant, who aims to help businesses succeed, is the award-winning Gordons Knight.

With the implementation of the Affordable Care Act, Americans who chose to opt out of health coverage will end up paying a rather high penalty. For a five person family with a high income, the penalty can max out at over $12,000 in 2014. This penalty is expected to rise significantly in 2015 and continue upwards by 2016.

March 2 is the deadline to mail out the 1099 and 1096 tax forms to IRS. ez1099 software is here to assist tax filers print tax forms in time. With ez1099 2015 edition, customers can print multiple tax forms by one click with the new multiple form printing feature.

Often, taxpayers have to choose between itemizing their deductions and taking a standard deduction when they are filing their taxes. A taxpayer should determine what their deductions amount to using both methods, and then choose which option decreases the amount of tax that they owe. Typically, the method that leads to the largest deduction will provide the biggest credit.

For those paying for their education, there are a few tax credits that can help decrease the amount owed. The American Opportunity Credit and the Lifetime Learning Credit are available to those responsible for education expenses, such as tuition, fees, textbooks, supplies, and equipment. Some incurred expenses, like insurance, transportation, and personal fees aren't eligible to be claimed for either tax credit.

There are best and worst practices for coping with tax season, and those working from home offices often must be more careful than other taxpayers. They need to keep precise records of income and expenses via QuickBooks or another accounting program (a best practice) and avoid handing their accountant a plastic grocery bag full of hundreds of random receipts at 11:50 p.m. on April 15 (decidedly not a best practice).

Since it was enacted almost 40 years ago, the Earned Income Tax Credit has been boosting revenues of low and moderate income workers. The IRS reports that four of every five employees eligible for the EITC claim the benefit, however they'd like to see everyone who qualifies take advantage of it.

To get a little extra cash back this tax season, taxpayers should consider the benefits of claiming children or adult relatives as dependents. For each dependent a taxpayer claims that qualifies, they get a personal exemption, and depending on the age and relationship of the dependent, they may be eligible for additional tax credit which can reduce their tax liability and save them money. The tax credits a taxpayer may be permitted to claim for their dependents include the Child Tax Credit, Earned Income Credit, Child and Dependent Care Credit. A single filer who has a qualifying dependent can claim Head of Household status, which can also be valuable at tax time.

Those who receive Social Security income may be required to pay taxes on part of their benefits, though there are some who discover their benefits aren't subject to federal tax. If a taxpayer received Social Security, how can they tell if their benefits are taxable? The following facts can shed a little light on how someone's taxes relate to Social Security income.

W-2C and W-3C tax form printing software, ezW2Correction 2014, rolled out from halfpricesoft.com (halfpricesoft.com). The new edition of W2 Correction software includes forms level help links and buttons to easily support accountants and novice business owners with W2C and W3C form processing. Even if customers have never filed a W2C or W3C form, they can use this software quickly and inexpensively.

Workbox Software LLC, a New York City-based software development company, announced today that the latest version of its flagship iPad app, Workbox 3.0, now allows users to operate in multiple currencies, deal with value-added taxes, and invoice clients in one of nine major languages.

Traverse City Tax Preparation Examiner Frank Ellis has published an article revealing where taxpayers can find the 2014, 2015 W2 form online. One of the most important tax documents, the author and tax specialist reveals, it should be received by taxpayers from the companies they work for. The form typically comes in the mail before January 31.

A new article on Examiner.com, written by tax specialist Frank Ellis, reveals that e-filing is available with TurboTax Freedom Edition 2015. Thanks to the Free File Alliance Program offered by the IRS, mid- to low-income taxpayers can e-file and prepare their taxes with much less difficulty.

A child tax credit calculator is now available for the 2014, 2015 tax season, and is featured in a new article on Examiner.com. This convenient calculator can be used to reduce the amount of tax owed. It can in fact cut a taxpayer's owed amount by as much as $1,000 per child, according to the article. The article was written by Grand Rapids Tax Tips Examiner, Teresa Smith.

The date has been set by the IRS for filing taxes starting Jan 20. Frank Ellis provides tips for filing tax returns, claiming credits, and using electronic filing. He reveals the IRS changes the date each year but experts predict this year it may be towards the middle or end of January.

Easy sales tax collection from internet purchases used to be one of the agendas that many lawmakers are pursuing this year to help states recover billions of dollars lost in annual revenue. For the previous years, the US states have asked the Congress for a federal legislation to ease up collection of sales tax. Yet, when the House Judiciary Committee Chairman Robert W. Goodlatte drafted the Online Sales Simplification Act of 2015, which were distributed to lobbyist and congressional offices this month, the state lawmakers slam the attempt to pass the bill.

The recently-opened Bel Air tax preparation service, Picket Fence Tax, announces the release of their new video (youtu.be/USbkLIVi-Q0) for Harford County and surrounding areas.

"Accountants and tax professionals often have tax reporting needs that differ greatly from small businesses and nonprofits," said Halfpricesoft.com founder Dr. Ge. "Our latest 2014 generation of ezW2 was designed with these needs in mind, and represents our commitment to make easy tax reporting functions available to all small businesses and tax professionals."