Tax Season

Doing even simple taxes can be taxing (pardon the pun) and a real chore to say the least, so let some IRS trained volunteers from the American Association of Retired Persons (AARP) help you during this annual season that kicks off January 30th and goes through April 15th. Bring your 2012 tax materials such as W-2 forms, Social Security cards and last year’s return. The AARP volunteers will assist you on a first-come, first served basis.

Read More

It's only January and I realize the last thing you want to think about are taxes. However, for those of you who are overachievers and want to get it done early there is a great opportunity to get them done free. Starting Tuesday, January 22nd the West Central Texas Center for Economic Opportunity will provide free tax service.

Read More

Because of Emancipation Day, a little known Washington D.C. holiday that this year is being celebrated on April 15, US taxpayers had until April 18 to file their taxes.

For some people that still won't be enough time to get all their papers in order. If you find yourself in that boat, you can file for an extension with the IRS.

It's important to remember that filing an extension doesn't extend the due date for any money you owe the IRS, and you will have to pay interest and possibly penalties on any money you send to the government after the April 18 deadline.

Read on for advice, from the IRS website, on who should and shouldn't file for an extension.

Read More

Often a character in a movie will be made an accountant to indicate that they're . . . well . . . boring.

But being a movie, this boring accountant has to be put in an interesting situation or nobody is going to want to pay ten bucks to see it.

So, in fact, many celluloid accountants turn out to be interesting and dynamic characters, rather than just soul-less bean counters.

We've compiled a list of five famous movie accountants in honor of tax season, which is also the season of the accountant.

Read More

While doing (and paying) your taxes is the opposite of a good time, there are some taxes that are so ridiculous, they're actually kind of fun.

Well, maybe not so fun if you actually live in one of these states. Check out our list of seven ridiculous state taxes:

Read More

One of the few joys of tax preparation is making deductions and watching your bill from Uncle Sam get lower and lower.

Here's a list of five expenses that might be tempting to deduct, but are strictly forbidden by the IRS.

Read More

It’s tax time! It can get overwhelming to file all alone. Here are a few resources that might help.
The IRS Website
The IRS’s website, while written in legalese, is the ultimate guide to everything you’ll need to know about your taxes. Here, you can download tax forms and find out which items are deductible. The site is a valuable resource if you’re filing your own taxes.

Read More

It’s tax season, but that also means it's tax return season, too. In 2010, the average return was $3,036. That’s a lot of money to get at one time. With all that extra cash, you might be asking yourself, "How should I spend it?"

Here are few ideas.

Read More

With tax day just around the corner, the IRS is readying itself to spot this year's round of tax evaders. Given the lack of impulse control and sense of entitlement among the celebrity set (we're looking at you, Charlie Sheen), it should be no surprise that the famous and the powerful are among the worst tax cheats out there. Here are seven celebrities who didn't pay the tax man, and ended up paying the price:

Read More