Recent Articles
| 10:00 AM 4/28/2011
Tax Day is one of those days you probably find yourself thinking about for weeks on end. It's kind of like a reverse Christmas: You know it's coming because those of us in the media have been hyping it in the press for months. You mark it on your calendar and you take steps to get ready. And when...
| 10:00 AM 4/25/2011
Nearly eight months after the state of California hit her with a $34 million lawsuit alleging that she defrauded thousands of consumers who sought her tax advice, Roni Deutch, the so-called "Tax Lady," has landed back in court. This time, according to the Sacramento Bee, Deutch's assets have been...
| 12:00 PM 4/18/2011
Nobody likes spending money on Tax Day. For many Americans, writing that check to Uncle Sam is painful enough.
To make it more enjoyable, many national companies offer Tax Day freebies and discounts. Following is a list of breaks to make your Tax Day just a little better:
| 11:00 AM 4/15/2011
Ronald Reagan once famously remarked that the government's take on the economy was, "If it moves, tax it." At tax time, it can feel as though that's true.
Realistically, though, not every dollar you receive is taxable (even though in some circumstances, it may still be reportable). Following are...
| 8:00 AM 4/13/2011
Ozzy and Sharon Osbourne may be making plans to attend the Royal Wedding in the UK, but the couple is currently making news here in the United States. Several media outlets, led by TMZ, have reported that the IRS has filed a $1.7 million lien for unpaid taxes against the rock star...
| 9:00 AM 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...
| 9:00 AM 4/8/2011
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.
| 3:00 PM 4/7/2011
On Thursday, Senate Majority Leader Harry Reid announced that there will likely be a government shutdown effective Friday at midnight. In response to the deadline, the U.S. Office of Personnel Management has posted information on its website indicating that federal employees whose salaries are...
| 9:30 AM 4/6/2011
Last month, rapper Lil Wayne announced that he hoped to retire early in order to spend more time with his family. It seems, however, that Uncle Sam might have other plans. Lil Wayne, whose real name is Dwayne Michael Carter, Jr., may have to work a little longer in order to settle some unpaid tax...
| 2:00 PM 4/4/2011
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...