As tax season approaches, once again, there are a few things we must remember when filing this year and that includes illegal activity, bribes, and stolen property.
As Americans, April 15th has been embedded in our minds as the dreaded "Tax Day", where everybody who owes the I.R.S. had better pay up, or else! I want to change the way we view this day, so instead of going through the motions of being forced to pay my hard-earned money to Uncle Sam, I am going to celebrate "Procrastinator's Day"!
There are still a few weeks left to file your 2012 tax return, but April 15 of this year marks another important deadline for taxpayers: it's your last chance to file for a refund on your 2009 taxes.
On Wednesday, the Powerball lottery reached a record $587.5 million. So far two winning tickets have been announced, one in Arizona and one in Missouri. But there's at least one more guaranteed winner: the Internal Revenue Service.
Lottery winners can take their prize in the form of a lump sum or an annuity paid over the next 29 years...
If you filed your taxes electronically, you may be wondering where your refund is. And, if you visited the IRS website’s “Where’s my refund?” page, you may have been given an error message that says the IRS has no information about your return.
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
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.
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.
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.
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 payi