tax-feature

    By Kelly Phillips Erb

    | 9:00AM 4/11/2011
    Don't try this at home: The IRS has announced its annual list of tax scams to avoid. The list, referred to by the IRS as the "dirty dozen" tax scams, was recently published for 2011. Not surprisingly, in the wake of convictions in the UBS scandal, hiding offshore income topped the list of schemes...

    By Kelly Phillips Erb

    | 9:00AM 4/08/2011
    Male, single, age 45 and under. Big spender. Sounds like a dating ad from the classifieds, right? Not quite. That, according to a study by the advertising and marketing firm DDB Worldwide Communications Group, is the profile of the person most likely to cheat on a federal income tax return.

    By Kelly Phillips Erb

    | 2:00PM 4/04/2011
    The IRS recently announced that the average federal income tax refund this year is expected to be $3,000. That makes the Wards of Smithfield, N.C., quite above average. After they had their taxes prepared this year, CNNMoney reported that Thelma and Dan Ward found out they're entitled to an...

    By Kelly Phillips Erb

    | 9:00AM 3/31/2011
    If you're one of the thousands of taxpayers who find themselves rushing around to file their federal income tax returns at the last minute, take heart. Following are nine tips to help ease your tax stress this season:

    By Kelly Phillips Erb

    | 9:00AM 3/24/2011
    The IRS has announced that there is $1.1 billion in previous unclaimed tax refunds waiting for nearly 1.1 million people who did not file a federal income tax return for 2007. The IRS estimates that half of these potential 2007 refunds amount to at least $640.

    By Kelly Phillips Erb

    | 1:00PM 3/22/2011
    With less than a month to go before Tax Day, more taxpayers are considering e-filing their federal income tax returns. The IRS encourages taxpayers to e-file, citing it as the "safest, fastest and easiest way to submit their individual tax returns." Last year, nearly 100 million taxpayers took them...

    By Kelly Phillips Erb

    | 3:00PM 3/21/2011
    Let's face it: For many taxpayers, Tax Day is a major source of stress. Worries over whether you can file your return on time, pay what you owe and avoid an audit can rattle even the calmest of nerves and cause you to make a mistake. Mistakes on your tax return can cause a delay in processing your...

    By Kelly Phillips Erb

    | 10:00AM 3/16/2011
    Every year about this time, there seems to be an increase in the number of arguments that suggest you don't really have to file and pay taxes. The arguments run the gamut from objections on religious and moral grounds to the idea that the Tax Code was never actually ratified and is, therefore, not...

    By Kelly Phillips Erb

    | 10:00AM 3/15/2011
    If you feel like this tax season is a bit more chaotic than the last tax, it's not your imagination. There are lots of challenges this year, including an extended filing season, delays in processing returns and last-minute changes to the tax laws as a result of the new tax deal. It's important to...

    By Kelly Phillips Erb

    | 9:00AM 3/14/2011
    Last week, I shared my top tax season secrets with you. I also emphasized that there's no one-size-fits-all approach to taxes. To give you a wide range of advice, I asked a number of tax professionals from all over the globe for their best tax tips for tax season. Here's what they had to say: