TaxPreparation

The Tax Break That Millions Miss Out On

There's a popular tax break out there that paid more than 26 million workers a total of nearly $59 billion last year. Yet as many as 1 in 4 of those who qualify for this tax credit failed to claim it, missing out on hundreds, or even thousands, of dollars. That break is the earned income tax credit.

Tax Prep Nightmare: Don't Get Conned by Your Tax Pro

A series of major problems and the whiff of potential fraud at a tax-prep company called "Mo Money Taxes" are a scary reminder: Be smart about selecting the professional who helps with your tax return. Here are some tips to help you avoid the shady characters.

Buy Intuit, Sell H&R Block

H&R block is at it again, dumping accounting consultancy RSM McGladrey in a continuing pattern of erratic acquisitions and sales. True, the tax preparer is well-positioned in software and online filing, and currently offers good value. But if you want growth, you'd do better to buy its more nimble competitor, Intuit.