Category:
Tax
There is encouraging news from the IRS this week: Statistically speaking, you likely are due a refund when you file a tax return. There is also discouraging news: That refund…
As the April 15 deadline to file taxes approaches, it’s important for college students and their parents to be aware of education tax credits, which can save families thousands of…
Filing your taxes is an important civic duty and a vital part of keeping the country running smoothly. It’s something everyone has to do each year by April 15, but…
As if tax season isn’t difficult enough, taxpayers must now be on alert for suspicious activity that could indicate that they are victims of tax-related identity theft. During last year’s…
U.S. Supreme Court Justice Oliver Wendell Holmes once said, “Taxes are the price we pay for a civilized society.” One can argue about the extent and quality of the civilization…
While Tax Day — April 15 — is still some months away, now is the time when people begin thinking about how and when they are going to file and…
The government is taking a bigger bite of American workers’ paychecks this year, which could mean another slowdown of the U.S. economy. American workers are paying 2 percentage points more…
Millions of taxpayers banking on refunds from the IRS will have to wait a little longer to get them this year. The last-minute passage of the American Taxpayer Relief Act…
If you’re a taxpayer worried about Congress not extending the Bush tax cuts by Jan. 1, brace yourself: An even bigger hit – the Alternative Minimum Tax – might be…
The war on drugs suffered a frontline defeat on Tuesday as two states, Colorado and Washington, became the first ones to legalize marijuana use. In as a stunning rejection of…