IRS Overpaid on Tax Credit for the Poor by Up to $13.6 Billion by Bruce Watson Apr 23rd 2013 2:31PM IRS over-refunds for the Earned Income Tax Credit are one of the bigger line items in the U.S. budget, but few politicians in either party are looking to fix the EITC problem.
5 Ways to Pay the IRS Less Next April by Dan Caplinger Apr 19th 2013 5:00AM If you're still in shock from the amount of taxes you just paid, start working now to reduce what you send the IRS next year. Here are five ways you can shave your tax bill.
How to Amend a Tax Return by Kiplinger Apr 18th 2013 11:32AM If you're just now realizing that you missed out on a tax deduction or credit for 2012, don't worry: You can file an amended return for up to three years.
5 Tax Credits You Can't Afford to Miss by Dan Caplinger Apr 12th 2013 5:00PM By cutting your tax bill dollar-for-dollar, tax credits are a can't-miss way to pay less to the IRS. Here are five tax credits you need to know about.
Galling Tax Loopholes that Cost the U.S. Government Billions by Business Insider Apr 5th 2013 5:00AM Corporations and wealthy individuals have already prepared for tax day by assiduously spending money in deliberate ways to minimize their tax liability.
Don't Get Burned by Your Charitable Deductions by Dan Caplinger Mar 27th 2013 5:00AM Making a charitable donation is one way many Americans help to reduce their overall tax liability, but if not done properly, you could lose that cherished deduction.
The Most-Overlooked Tax Deductions by Kiplinger Mar 22nd 2013 10:55AM Cut your tax bill to the bone by claiming all the breaks you're owed, including some you may have forgotten or might have never heard of. Here are the top missed deductions.