What Happens When You Don't File Your Taxes
What happens to Americans who either forget or flat out refuse to file their taxes?
What happens to Americans who either forget or flat out refuse to file their taxes?
There's nothing simple when it comes to tax laws, so it's important to know which sources of income are taxable -- and some may surprise you.
After serving more than two years in jail for tax evasion, actor Wesley Snipes was released earlier this week, though he will remain under house confinement until July 19.
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.
If you've been putting off the onerous task of finishing your tax returns, these tips for filing your 2012 return will help you breathe easier.
If you've got all your tax paperwork but are still stalling here's something to motivate you: a last-minute tax move you can make that could be worth over $100,000 to you.
The tax code is incredibly complicated, and it changes often, so hiring a skilled pro to help you file your tax return can be a good investment. But even that isn't simple: There are many kinds of tax preparers. Here's how to find the one who's right for you.
If there is one thing to make sure you get right on your taxes, it’s your filing status. It can determine how much you pay in taxes, and it’s one of the things that will definitely land you in an audit if you get it wrong. Take a look at this handy flowchart.
The big question on the mind of everyone who expects to get money back from the IRS is when they'll receive their tax refund. But it's not just when you file your return that control that answer: The steps you take beforehand can make a big difference.
Tax exemptions are the easiest way to lower your tax burden. They put money straight back into your pocket, and the good news is, the possibilities for claiming dependent exemptions are greater than you might realize.
There are websites galore that offer to help you meet Mr. or Ms. Right. Now, the new online service Prosado.com aims to provide the same sort of matchmaking between taxpayers and tax preparers.
If you plan to hire a tax preparer to fill out your return this year, be careful. There are far too many self-proclaimed "tax professionals" whom you shouldn't let anywhere near your 1040 Form. Here's how to tell you've picked the wrong person to do your taxes.
Beware the hottest trend in identity theft: tax identity theft. This year, the IRS expects upwards of 1 million fraudulent tax returns will be filed by scammers stealing refunds. And while the IRS can't protect you, you can protect yourself.
Tens of millions of workers will soon be getting W-2 tax forms. Included on that form is a lot of the key information that will determine whether you get a refund or will owe more to the IRS this year. And it also has three numbers you can use to improve your tax planning for the future.
What should you do if you owe the IRS a big bill on Tax Day but don't have the ability to pay it right now? Don't despair. Here are a few smart options that can help.














