Singer Dionne Warwick claims in a recent bankruptcy filing that she owes nearly $10 million in back taxes and her monthly expenses exceed $20,000.
It’s time to talk taxes: 1099 forms have gone out and you should be organizing your paperwork and getting ready to pay the taxman.
San Jose is set to offer a $7 million incentive package to keep Samsung Semiconductor from leaving town for Austin, Texas.
The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
About half of Americans say they feel underpaid. Are you one of them?
Bay Area taxpayer, Ray LaRance, was charged a hefty fee by California Check Cashing in Dublin to file his state and federal income taxes.
Avoid the most common tax mistakes to get a faster refund.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
The IRS expects that 75 percent of all 2012 returns will be entitled to a refund, so if you haven’t started preparing your taxes yet, do it: There’s no reason to wait for April 15 to roll around to get that money back from Uncle Sam.
So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?