Single Parent? Unmarried? Why Head Of Household is the way to File Missing Tax Returns- DWK Tax

If you qualify for Head of Household (HOH), your tax rate will usually be lower than single or married filing separately. You will also receive a higher standard deduction as well. The term "Qualifying Relative" is what we will understand today.
By: DWK Tax Group Admin
 
Feb. 10, 2012 - PRLog -- The U. S. economy is well on its way to seeing better days, however, many Taxpayers have struggled to the point of moving into a household with In-Laws or immediate family just to get by. Unemployment is still at 8.3%. For those who have step up to the plate and assisted the children in this time of need, be informed enough to maximize the 2011 Federal or State Tax returns by claiming Head of Household.

4 tests are used to determine a "Qualifying Relative" as follows:

1) Not a Qualifying Child test
2) Member or Household or Relationship test
3) Gross Income test
4) Support test

Age has no bearing on the designation of a "Qualifying Relative".

Exemption amount has changed for 2011, the amount has increased from $3650.00 to $3700.00. The deduction is claimed to reduce taxable income.

Tax problems can surface and rear its ugly head in any variety of ways, the number one culprit that leads to major long term tax account ramifications is the lack of filing multiple tax returns.

If you are ready for conscious change and settle the IRS or State Tax Debt issue correctly once and for all? Call 1 - 8 6 6 - 2 2 6 - 6 1 0 2 for a 20 minute conversation as well a detailed tax analysis of your situation.

DWK Tax Group does not accept all cases. Not all taxpayers qualify...

Perhaps it is time to remove the looming tax problem with a company that has only one mission. Get to the "CORE" of the problem, urgently rectify it and move on. No messing around with delay tactics or slippery sales reps. Tax issues need to be confronted with passion, resilience and fervor. DWK Tax Group will treat the tax issue as if it were our own...

Doing it yourself:

We suppose it is an option to go solo and handle the issue yourself, however, the IRS will tell you if you qualify for a lower amount per month installment agreement. The IRS will not tell you if you qualify for "Hardship" status. The IRS will not tell you if you are an ideal candidate for the Offer in Compromise Program. DWK Tax suggests you obtain tax attorney representation to protect, YOU, your family or Small Business.

Thank you for your time in advance...

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http://dwktaxgroup.com: Your Nationwide Internet Tax Resolution Company provides all 50 States, including Hawaii and Alaska, with IRS Tax Relief representation. We WILL Stop Your IRS Wage Garnishment / IRS Levy within 1 to 2 Business Days.
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Source:DWK Tax Group Admin
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Tags:Irs Tax Debt, State Tax Debt, Unfiled Tax Returns, Missing Tax Returns, Hoh, Dwk Tax Group
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