Mistakes on tax returns mean they take longer to process, which in turn, may cause your refund to arrive later. The IRS cautions against these nine common [...]
WASHINGTON – Here's a potential boost for the economy: The Internal Revenue Service expects to issue up to $300 billion in tax refunds this year.
IRS [...]
Nobody likes being nagged, but we are going to risk reader displeasure by reminding everyone that there are hefty financial consequences if you owe [...]
Generally, most income you receive is considered taxable but there are situations when certain types of income are partially taxed or not taxed at all.
To help [...]
While you can never completely "audit-proof" your business's income tax return, you can take actions that will greatly reduce your chances of being [...]
In its current round of office visits involving tax preparer compliance, the IRS is targeting practitioners who prepare a high percentage of returns with [...]
You must file a federal income tax return if your income is above a certain level; which varies depending on your filing status, age and the type of income you [...]
The Internal Revenue Service today opened the 2011 tax filing season by announcing that taxpayers have until April 18 to file their tax returns. The IRS [...]
Every year, the IRS dutifully reports the most common blunders that taxpayers make on their returns. And every year, at or near the top of the “oops” [...]
Approximately 13.4 million taxpayers who received the Making Work Pay Credit that was included in the economic stimulus bill may end up owing taxes, [...]