Posts Tagged ‘internal revenue service’

Didn’t File Anything with the IRS on April 15th?

Friday, May 21st, 2010

The magic tax date of April 15th has passed. If you did not file a tax return or extension request, you need to consider the following.

Didn’t File Anything with the IRS on April 15th?

The Internal Revenue Service is a bit touchy about filing tax returns. It would prefer you to file a return or extension to doing nothing, even if you cannot pay. If worse comes to worse, the IRS will simply put you on a payment plan. Failing to file anything, however, can lead too more unwanted attention from the agency than you could possible want to receive.

In general, you should always try to pay your taxes whenever possible. Failure to do so can lead to brutal penalties and interest charges. If the IRS thinks you are up to something funny, the penalties and interest can add up to 25 percent of your tax bill. That is a big chunk of change!

If you are due a refund, but just did not get around to filing your taxes, you do not have to worry about penalties and interest. There are none since you are owed money. That being said, are you nuts? Why would you give the government an interest free loan? What could you be using that money for in your daily life? Get off the couch and get a return filed so you can get your money back. For obvious reasons, few people let refunds sit at the IRS. If you are insanely lazy, keep in mind you will lose the refunds if you do not claim them within three years of the original filing date. Frankly, you deserve to if you are that lazy!
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Dealing With Taxes If You Live and Work Outside The United States

Sunday, January 3rd, 2010

When solar cells first came on the scene in the 1950s, they were simple. Now, there are a wide variety of cells and more are coming as technology improves.

An Overview of Solar Cells Through The Years

Solar cells are the basic component of any active system used to convert sunlight into a form of energy. Traditionally, solar cells were used as the key part of panel systems that generated electricity or heat for homes. These days, the technology is used in a wide variety of applications, which means the style of solar cells vary per application.

A traditional solar cell consisted of some very basic pieces. The cell was typically a flat square made up of a glass or plastic panel attached over a crystallized silicone substance. The silicone was imbedded with metal wires. The process worked by having the sun strike the silicone, which kicked off neutrons. The neutrons produced a small electrical current that was collected by the wires. The electricity was in the form of direct current, which had to be converted to usable AC electricity with an inverter. The electricity was then stored in batteries or fed into the grid of the local utility company.

The problem with the first solar cells involved efficiency. To be frank, there was not much. Initial cells converted sunlight at a rate of one to six percent. More energy was lost in the conversion from direct current to AC. It worked, but was so inefficient that huge collections of solar cells were required to make enough energy.
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