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POPSFederal Tax Bite After Foreclosure Unfortunately the IRS treats debts that are wiped clean as income to the consumer, which can result in tax obligations in the tens of thousands of dollars. The same thing can happen when homeowners sell their homes for less than the value of the mortgage and the lender forgives the difference.
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POPSTax Extension Deadline You can still file your taxes online at TaxBrain.com before the October 15th deadline. Hopefully you already filed for the extension using Form 4868. Go to www.TaxBrain.com and file your taxes online!
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POPSTax Break for Summer Camp When filing taxes on TaxBrain.com, put your summer camp expenditures in the ChildCare expense worksheet. TaxBrain figures out all the rest. Pheeew!! All this IRS-speak is making me dizzy. ;)
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POPSCell Phone Taxes Find out how to claim your telephone excise tax rebate at www.taxbrain.com/taxcenter.
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POPSOnline Tax Advice Found this site today and it looks interesting. You can ask tax professionals questions or look at previously posted questions and answers. Most major tax prep services make you pay when you need help preparing your taxes online. Check out www.taxbrain.com. Its customer support is unlimited, free, and round the clock during tax season.