Source: Amy 1xbet online sports betting , 785-532-4484, hagemana@k-state.edu
News release prepared by: Calin Cooney, 785-532-2535, media@k-state.edu

Thursday, March 3, 2011

1xbet online sports betting RETURN TIME: FIVE TIPS TO HELP SINGLES NOW AND LATER

MANHATTAN -- As the 1xbet online sports betting filing deadline approaches, a Kansas State University expert has some tips for single adult taxpayers that could provide benefits now and in the future.

Amy Hageman, assistant professor of accounting at K-State, is an expert on taxes and 1xbet online sports betting returns. Her areas of research include antecedents and consequences of 1xbet online sports betting policy, and judgment and decision-making by taxpayers and 1xbet online sports betting professionals.

If you are single and filing a 1xbet online sports betting return, Hageman recommends:

* Giving yourself a raise by adjusting your 1xbet online sports betting withholdings. Taxpayers who typically receive a large 1xbet online sports betting refund are essentially making an interest-free loan to the government, Hageman said. While many people enjoy receiving a large refund check each spring, it represents extra money withheld from each paycheck that could be used to pay down debt or build savings during the year. Hageman said to avoid having too much -- or too little -- federal income 1xbet online sports betting withheld, use the IRS withholding calculator at: http://www.irs.gov/individuals/article/0,,id=96196,00.html

* Keeping track of moving expenses associated with taking a new job. Many single 1xbet online sports betting move during the year. If 1xbet online sports betting meet both the distance test -- the new job is at least 50 miles farther from one's old home than the previous job -- and the time test -- work full-time in the new job location for at least 39 weeks during the 12 months immediately following the move -- then they may generally deduct the cost of moving themselves and their possessions.

* Determining if you qualify for the head of household filing status. While most unmarried taxpayers will have a filing status of single, some will be eligible to use the head of household filings status, which can result in a larger standard deduction amount and lower 1xbet online sports betting rates, according to Hageman. To qualify for the head of household filing status, a taxpayer must be considered unmarried, must pay more than half the costs of keeping up a home, and must generally have a qualifying person, such as a dependent child, living in the taxpayer's home for more than half the year.

* Contributing to retirement savings. 1xbet online sports betting season is a great time to assess your retirement savings goals and progress to date, Hageman said. Two 1xbet online sports betting savings vehicles that are available include a traditional IRA, where contributions may be 1xbet online sports betting deductible but earnings are taxed when withdrawn in retirement, or a Roth IRA, where contributions are not 1xbet online sports betting deductible but earnings are generally 1xbet online sports betting free when withdrawn. Total IRA contributions for 2010 can't exceed ,000. Taxpayers have until April 18 to make 2010 contributions.

* Filing on time. One important change this year that affects all 1xbet online sports betting groups is the filing deadline. Normally on April 15, the date has been moved because it falls on a holiday this year -- Emancipation Day in Washington, D.C. -- so taxpayers have until Monday, April 18, to file. Hageman said 1xbet online sports betting returns electronically filed, or e-filed, are processed much faster than returns that are mailed.