Tax Return Preparation

In an article on MSN Money, MarketWatch reported that about $1.2 billion is sitting in the IRS coffers—waiting to be claimed by taxpayers. The money belongs to taxpayers who neglected to file a 2004 tax return. The average return for taxpayers who didn’t file in 2004 is $552.

This is significant this tax season because if some of this money belongs to you, the clock is ticking. If you don’t file your 2004 return by April 15th this year, the funds will be turned over to the U.S. Treasury.

There is no penalty for filing a late return as long as the IRS owes you money; however, if you’re eligible for a 2004 refund, you’ll have to file your 2005 and 2006 returns as well.

You can access forms for prior years at IRS.gov on the forms and publications page. Or, call 800-TAX-FORM. Read the full article on MSN here.

Basic information to prepare an individual income tax return, Form 1040 and the basic schedules. This video is designed for those individuals who want to undertake the preparation of their tax return. There are tips and pointers for those who have attempted this feat in prior years.

Basic information to prepare an individual income tax return, Form 1040 and the basic schedules. This video is designed for those individuals who want to undertake the preparation of their tax return. There are tips and pointers for those who have attempted this feat in prior years.

Basic information to prepare an individual income tax return, Form 1040 and the basic schedules. This video is designed for those individuals who want to undertake the preparation of their tax return. There are tips and pointers for those who have attempted this feat in prior years.

Basic information to prepare an individual income tax return, Form 1040 and the basic schedules. This video is designed for those individuals who want to undertake the preparation of their tax return. There are tips and pointers for those who have attempted this feat in prior years.

This video series will discuss tax return preparation. It gives basic information on preparing an individual income tax return, Form 1040 and the basic schedules. This video is designed for those individuals who want to undertake the preparation of their tax return. There are tips and pointers for those who have attempted this feat in prior years.

This video will give options for tax return preparation.

When you will get your economic stimulus rebate depends whether you chose direct deposit on your return and on the last two digits of your social security number.

Direct-deposit Payment

If the last two digits of your Social Security number are: Your payment should be sent to your account by: 00-20 – May 2, 21-75 – May 9, 76-99 – May 16

Paper Check

If the last two digits of your Social Security number are: Your tax rebate check should be in the mail by: 00-09 – May 16, 10-18 – May 23, 19-25 – May 30, 26-38 – June 6, 39-51 – June 13, 52-63 – June 20, 64-75 – June 27, 76-87 – July 4, 88-99 – July 11

You can calculate your economic stimulus payment here. Have your 2007 Form 1040, Form 1040EZ, or Form 1040A available. You will be entering information from one of these forms.

Palomar Tax & Business Management 760-536-8510 serves the San Diego area. We specialize in individual & business accounting, bookeeping, financial consulting, & tax preparation for all states. bookkeeping & payroll services.

Palomar Tax & Business Management 760-536-8510 serves the San Diego area. We specialize in individual & business accounting, bookeeping, financial consulting, & tax preparation for all states. bookkeeping & payroll services.