Tax Tips For Retirees
With careful planning, you may find yourself paying the IRS much less than you have in years past.
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With careful planning, you may find yourself paying the IRS much less than you have in years past.
Get a jump-start on this year's taxes. Set up a filing system.
The IRS does not send unsolicited emails about a person's tax account or ask for detailed personal and financial information.
The best way to beat taxes is by investing in your retirement plan.
So what may trigger an audit?
There no tax fairies or magic wands to help you with your taxes.
With capital gains come capital losses, but you can use your losses against your gains.
College is very expensive. Congress and the IRS have given us ways to offset education costs.
It's time to dig out those receipts for last year's charitable contributions.
A study by the government found that big bucks are lost annually by taxpayers who don't take the time to itemize.
The envelopes have begun to arrive, so open them!
When you employ someone to work in your home, such as a nanny or a housekeeper, you are required to pay Social Security and Medicare taxes on their wages.
Massachusetts taxpayers will ring in the new year with a tax cut — but a very small one.
It is very difficult to talk about money two days before Christmas but I am going to try.
Last June the Supreme Court ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes.
Review your tax situation now so you have some idea what tax bracket you will fall into this year.
To be eligible for the long-term capital gains tax you must have held the asset for at least one year.
There are some decent tax breaks available for self-employed individuals.
The best part of paying your taxes is probably getting your refund check.
It's hard to think there's anything funny about taxes when you're under a mountain of paperwork, but CBS News contributor and analyst Mellody Hobson has a little comic relief for taxpayers.
When you employ someone to work in your home such as a nanny or a housekeeper, you are required to pay Social Security and Medicare taxes on their wages.
It's time to talk taxes: 1099 forms have gone out and you should be organizing your paperwork and getting ready to pay the taxman.
The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
About half of Americans say they feel underpaid. Are you one of them?
Most of us keep too much of the paper that comes into our homes.
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