Now, here's one thing you should keep in mind when you are preparing to <a href="http://www.taxhelpvault.com/recommends/page64.html">file tax return online</a>: Never think that getting a refund on your taxes is free money. Actually, you did the government a favor by lending them some of your money. We will explore this topic and more as we head into the tax season, but you should consider this a warning because so many people get it wrong. But you should know that you pay taxes based on your income. One way or the other you will be slotted into a tax bracket and you should pay no more tax than is specified in that bracket. If you pay more during the year, whether it from employment or another source, you unwittingly allow the government to use your money for that time. Getting a refund after using Taxcut or <a href="http://www.taxhelpvault.com/recommends/page64.html">Tax Brain</a>; to file your return is merely asking the IRS to repay what it owes you.

The article below will give you an insider guide to preparing your tax returns.


Employment tax is merely a pay-as-you-go tax. Your employer deducts taxes based on information you file with it in January of each year.
 
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