Learn how federal tax law changes could impact your tax return in 2010 and beyond. Many of the tax breaks in recent tax-relief bills were designed to be phased in over a number of years, or are indexed to inflation. To help you determine how these tax laws affect your long-term […]
The IRS plans to start processing 2015 tax refunds on Jan. 20, 2015. If you’re expecting a 2015 tax refund, every day you wait to file is another day you have to wait to get back money that’s rightfully yours. 2015 Tax Refund Schedule Basics There are two main factors that […]
Tax season opens in a few days. The Internal Revenue Service expects to process nearly 150 million individual tax returns by the time tax season wraps. Will you be filing one of those returns? And more important, do you need to? For the 2015 tax season, you’ll report the income that you […]
The IRS will open the 2015 tax filing season on Jan. 20, or 11 days sooner than it began accepting returns one year ago. The start date applies to both paper and electronic returns and was set after Congress renewed several “extender” provisions of the tax law that expired at the close […]
With the holiday season coming to a close and consumers coming to terms with the fact that it’s about time to head back to work, another reality is about to set in: It’s practically tax time. For most Americans, taxes rank right above watching the grass grow and the paint dry […]
W-2s and 1099s for 2014 will soon be arriving in the mail. So it’s not too early to start thinking about putting together your Form 1040 for last year. For 2014, there are only two important federal income tax changes for individual taxpayers (beyond the usual inflation-indexing of tax rate brackets […]
The federal government has made some things clear: Same-sex couples married in any jurisdiction that permits such unions must now file their federal returns as married, even if they live in a state that doesn’t recognize their marriage. But the rules for state tax filings still follow the law of the […]
The Internal Revenue Service today issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud. The Dirty Dozen listing, compiled by the IRS each year, lists a […]
“Tax” has become a four-letter word in political discourse, but whether you think companies should pay less or rich people should pay more, there’s one thing most Americans can agree on: They’d be happy if their annual tax bill dropped. The funny thing is, more than two-thirds of us actually prefer to pay […]
Taxes are on the minds of many Americans this week as we finish the last minute details to get those returns in the mail on time. Taxes are a part of life that rolls around every year just like many other dates on our calendar but it hasn’t always been that […]