Error on Your Tax Return? How to Amend It With Form 1040X
Making changes to your tax return isn't as hard as many people fear it'll be. Here's how to fix errors, and how to determine if filing an amended tax return is your best move.
tax filing
Crazy Tax Deductions: Swimming Pools, Breast Implants and More
It's April -- prime hunting season for tax deductions -- and you won't believe what your fellow taxpayers have tried, and sometimes gotten away with, on their returns.
Last-Minute Tax Filing Tips
Use these tax filing tips to avoid missing deductions or credits and paying the IRS more than you owe. Or worse, making mistakes that could get you in trouble with the taxman.
Watch Out for These 'Dirty Dozen' Tax Scams
Taxpayers should be on alert for identity thieves, e-mails falsely claiming to be from the IRS and shady tax preparers this year, the IRS warns.
Ready for Your Tax Refund? The IRS Is Ready for Your Return
Millions of Americans count on getting their tax refunds as soon as possible, but thanks to Congress, ASAP hasn't been all that soon this year. However, the IRS has worked through all the changes from the long-delayed fiscal cliff deal and is ready to start taking all of our tax returns.
Free Tax Help: 4 Ways to Get It
You have to do your tax return, but with the tax laws as complicated as they are, that job's tougher than ever. If you need help but don't want to pay through the nose, here are some resources that can get you tax filing assistance for free.
The IRS Wants to Tax Your Illegal Income
Believe it or not, the federal government requires that money acquired through illegal means be reported and taxed just like legitimate income. The instructions are right there on the income tax form.
The 10 Biggest Tax Mistakes I See: A CPA Tells All
Given how complex the tax code is, it's not surprising that people mess up when filing their returns -- making mistakes that can cost you thousands of dollars. CPA Gary Craig offers these tips on how to avoid the top tax filing blunders.
Could Itemizing Save You on Taxes? Find Out
Though we all groan about having to pay taxes, the government is nice enough not to tax us on everything we earn. There are two big buckets of deductions the government gives us: The first are called "above the line," and the second are called "below the line," and those are what we'll cover here.
Will Tax Refunds Go Out on Time? Late AMT Fix Has IRS Scrambling
The fiscal cliff compromise has been signed, clearing up a host of questions about taxes for the near future, and the year that just ended. But the long wait for answers left the IRS in limbo, and that may mean millions of refund checks will be delayed too.
Will Senate Repeal an Unpopular Tax-Reporting Requirement?
The U.S. Senate is schedule to vote Tuesday on a bill that would repeal an unpopular tax-reporting requirement enacted as part of last year's health-care law. The House of Representatives approved the bill last month.
