Tax Central

(CBS SF)

Accounting And Tax Prep Firms Expected To Train Thousands Of New Employees This Year

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
Tax Deadline

Your Chances Of Being Audited By The IRS

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.

Photo Credit: Thinkstock.com

Some Bay Area Post Offices Staying Open Late For Last-Minute Tax Returns

A handful of Bay Area post offices will stay open late Monday to allow last minute tax filers to turn in their paperwork.

(Photo Credit: Thinkstock)

ConsumerWatch: Beware Hidden Tax Preparation Fees & Find Free Help

Bay Area taxpayer, Ray LaRance, was charged a hefty fee by California Check Cashing in Dublin to file his state and federal income taxes.

(CBS)

What Are Your Chances Of Being Audited By The IRS?

It is no secret that the IRS has cranked up its efforts in order to bring in extra funds.

(Getty Images/Comstock Images)

What Happens If You Don’t File A Tax Return?

If an individual owes taxes and misses the Apr. 15 filing deadline, the IRS can impose various penalties.

(CBS)

Former IRS Agent Offers Money-Saving Tax Tips

There are now more ways than ever to reduce your tax liability.

iPhone

Need Tax Help? There’s An App For That

There are lots of websites and software available, but you may not have thought of smartphone apps for doing your taxes.

tax form, IRS, 1040

Download Tax Forms & E-File Info: One-Stop Shop

All of the latest federal and state tax forms are available right here, plus E-file – which lets you easily file a tax return.

(CBS)

Plenty Of Changes For Tax Filers This Year

Experts recommend using some type of guidance to navigate forms and maximize your returns.

(CBS)

As The Tax Man Cometh, Tips For Getting Ready

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
Donations Tax Forms

Tax Tips: What You Need to Know About Write Offs And Donations

Knowing what you can legitimately deduct off your taxes and what receipts you didn’t need to hold on to after all, can help both you and your accountant avoid a lot of headaches.

New Family Taxes

5 Tax Breaks New Parents Should Know About

Tax breaks can make raising children a little more affordable.

Income Tax

What Is Earned Income Tax Credit (EITC)?

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.

Taxes Home Office

Work From Home? Learn About The Home Office Deduction Before Filing Your Taxes

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.

IRS2GO App

The New IRS2GO App Can Help You Track Your Tax Return

The new feature of the IRS2Go app makes it easy to track your refund.

Photo Credit Thinkstock

Tax Professional Gail Rosen’s Advise On How To Fully Prepare For Tax Season

Tax professional Gail Rosen, CPA, shares her secrets for making tax season as painless as possible.

Tax Credits

Best Tax Credits And Deductions Everyone Should Know About

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.

Health Care Tax Credit

How The Affordable Healthcare Act Affects Tax Filing

Learn how the Affordable Healthcare Act, and whether or not you have insurance, will impact the way you do taxes this year.