Tag Archives: H&R Block

Eco Products That Are Tax Deductible

Eco Products That Are Tax Deductible

If you are wondering if eco products are tax deductible, maybe this will help you.

There are plenty of things that can help you save money if you go green. In 2011 you could write off home energy efficiency improvements. The tax credit was for 10 percent of how much you paid for the equipment and it could be up to $500 for asphalt or new metal roofs, energy efficient doors, retrofits that seal home air leaks, and skylights. For those who purchase a plug in hybrid or electric vehicle you could get a … Read the rest

H&R Block Faces Opposition Over The Acquisition Of TaxACT: Federal Antitrust Suit Filed.

While most people are focused on their 2010 tax returns, there is tension in the market. An antitrust lawsuit was filed on Monday by the U.S. Department of Justice in a move to prevent the acquisition of TaxACT by H&R Block. Talk of the $287.5 million deal has led to fears of increased costs and an obstruction of improvements in the market without a third major player to drive competition.

H&R Block

These fears surfaced after H&R Block (Kansas City) revealed its intention in October to merge TaxACT and H&R Block AT Home, creating a division that would be headed by … Read the rest

Top Ten Tax Tips for Early January

Top Ten Tax Tips for Early January 2010

The IRS has released their first tax tip of the season with the Top Ten Tax Time Tips. Their tips range from record gathering and filing options to Publication 17 review and contacting the IRS with your questions.

1. Get your records ready. Start gathering all the records you will need to prepare your tax return when all tax forms have arrived in the mail.

2. Watch the mailbox. Keep your eyes open for tax documents in the mail including mortgage interest and W2s from your employer. Some mortgage companies do not … Read the rest