The Internal Revenue Service audited less than 1 percent of the income tax returns filed last year. But your odds of getting audited vary greatly, depending on income.
With a busier than normal tax season anticipated this year, accountant and tax firms will be looking to train and hire thousands...
Latest Tax News & Filing Tips
A handful of Bay Area post offices will stay open late Monday to allow last minute tax filers to turn in their paperwork.
Bay Area taxpayer, Ray LaRance, was charged a hefty fee by California Check Cashing in Dublin to file his state and federal income taxes.
It is no secret that the IRS has cranked up its efforts in order to bring in extra funds.
If an individual owes taxes and misses the Apr. 15 filing deadline, the IRS can impose various penalties.
There are now more ways than ever to reduce your tax liability.
There are lots of websites and software available, but you may not have thought of smartphone apps for doing your taxes.
All of the latest federal and state tax forms are available right here, plus E-file – which lets you easily file a tax return.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.
On The Lighter Side Of Taxes
Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.
If you work from home, then it’s very important that you know and understand how the home office deduction works. Here is a quick look at how the deduction works and when you can take it.
The new feature of the IRS2Go app makes it easy to track your refund.
Tax professional Gail Rosen, CPA, shares her secrets for making tax season as painless as possible.
Don’t miss out on some valuable tax credits and deductions. Here are a few of the most commonly missed credits, which could end up saving you a bundle.
Learn how the Affordable Healthcare Act, and whether or not you have insurance, will impact the way you do taxes this year.
There are plenty of things to consider while going through a divorce. Don’t overlook the financial benefits that you are entitled to from social security.
If you recently said “I do” then you have more to consider when it comes to filing your tax return. Here are a few tips to help you get started.