10 Most Tax-Friendly States in the U.S.
10 Most Tax-Friendly States in the U.S. Given a choice of several job opportunities across the country, or several contiguous states in which to live for a job in the area, don’t overlook the impact of state and local taxes on your household finances. These ten states impose some of the lowest taxes in the U.S., […]
5 Easy Ways to Fight the Urge to Borrow Against Your Tax Refund
5 Easy Ways to Fight the Urge to Borrow Against Your Tax Refund Sometimes we need money as soon as possible but borrowing money is not always a good idea. Taking out a loan based on the money you’re expecting to get back from the government sounds harmless. Tax refund anticipation loans, or RALs, are […]
Summary of Federal Tax Law Changes for 2010-2016
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 planning, this article explains […]
When Will You Get Your 2015 Tax Refund Check?
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 affect how long it […]
IRS Opens Tax Filing Sooner in 2015
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 of 2013 but have […]
Know Your State Tax Filing Status for Same Sex Couples
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 state where they reside, […]
IRS Releases Dirty Dozen Tax Scams for 2014
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 variety of common scams […]